Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source：CoinDesk
Cantor says bitcoin bear market may be entering final stretch
The bank said in a note bitcoin's cycle points to a market bottom in the coming months, urging investors to focus on networks with durable value accrual.…
Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case
Christopher Delgado allegedly used investor funds for a lavish lifestyle, including luxury properties and vehicles, while running a fraudulent scheme from 2023…
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and…
EthLabs launches as Ethereum undergoes its biggest leadership transition in years
In this week's edition of The Protocol Newsletter, we’re diving into the creation of EthLabs, and why it was launched during a period of transition for the…
Europe's MiCA rollout sparks debate over who wins under new crypto rules
As Europe's crypto rulebook takes full effect, industry leaders agree regulation is here to stay, but disagree over whether it protects consumers or favors the…
Europe is closing the door on offshore crypto, but it’s leaving the riskiest window open
MiCA was never meant to address the giant crypto derivatives market. That could pose a serious problem, says Patrick Gruhn, founder and chief executive of…
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
The bank initiated coverage of Morpho with a $60 end2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit…
Ethereum gets a new nonprofit focused on institutional adoption
The launch comes as the Ethereum Foundation narrows its focus to stewarding the core protocol, with independent organizations like EthLabs emerging to take on…
Citi slashes 12-month bitcoin, ether targets as ETF flows dry up
The bank cut its 12month bitcoin and ether price targets after scrapping its ETF inflow forecasts, citing stalled U.S. crypto legislation and weak investor…
Tokenized Google stock inflated 7,700% in rare DeFi lending exploit
An attacker inflated the value of a tokenized Google share used as collateral to about 78 times its real price, then borrowed against it, leaving roughly…