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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Treasury on Wednesday published a notice of proposed rulemaking (NPRM) that launches the administration’s first formal effort to implement the GENIUS Act, the new federal law governing payment stablecoins that was signed by President Donald Trump last year. The NPRM is the Treasury’s initial regulatory proposal to give effect to the statute’s requirements and solicits public comment on how the department intends to apply the law. GENIUS Act’s Proposed Rules Under the GENIUS Act — formally titled the Guiding and Establishing National Innovation for US…
Drift Protocol halts activity after a suspected $200M exploit, causing major losses, sharp token decline, and urgent user warnings. Drift Protocol paused its platform after unusual trading activity raised serious concerns on Wednesday. During the investigation, the users were advised against depositing money. Furthermore, the team established an active attack and swiftly halted deposits and withdrawals to reduce the extent of damage. Drift Protocol halts services as unusual activity sparks security fears At first, the team failed to present the precise cause and overall losses. It, however, mentioned that it is still investigating with various security companies and partners. Meanwhile,…
OpenEden has introduced HYBOND, the first tokenized product tied to BNY Investments’ Global Short-Dated High-Yield Bond strategy, expanding the scope of institutional-grade investments available onchain.The new token gives qualified investors 1:1 exposure to a managed portfolio of short-dated corporate bonds overseen by BNY Investments, a unit of BNY.The product introduces higher-yield fixed income exposure to a market segment that has so far been dominated by tokenized cash-equivalent and treasury strategies. Data from rwa.xyz shows over $12 billion of the more than $27 billion in the tokenized real-world asset market are U.S. Treasury debt.HYBOND is issued by OpenEden Digital Limited, a…
While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions. Related Reading Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000. As its price closes the month in green, US spot BTC-based ETFs…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink has been struggling. The altcoin market is brutal. And quietly, the largest players in the market appear to have started paying attention to LINK in a way they are not paying attention to everything else. Analyst Darkfost has identified a pattern that stands out against one of the most hostile environments for altcoins in recent memory. While the broader sector continues to deteriorate — more than 40% of altcoins at or near all-time lows, liquidity draining across the board — targeted activity from large players is…
Bithumb delays IPO plans until after 2028, focusing on compliance, stronger controls, and growth strategy amid regulatory challenges. Bithumb has delayed its initial public offering again, now aiming for a listing after 2028. The company affirmed that it would concentrate on preparation work up to 2027. Besides, this is a postponement following the continuous regulatory issues and internal reorganizations during the last 2 years. Bithumb Strengthens Systems as IPO Timeline Moves Further According to Maeil Business News Korea, the company is improving its internal systems and policies. Jeong Sang-gyun, the Chief Financial Officer, stated that tougher accounting controls are underway.…
The Uniswap Foundation held $85.8 million in total assets at the end of 2025, split between $49.9 million in cash and stablecoins, 15.1 million UNI tokens, and 240 ETH, according to unaudited summary financials published Tuesday.The foundation committed $26 million in new grants during 2025 and disbursed $11 million against prior commitments. In Q4 alone, $5.8 million in new grants were committed and $2.1 million disbursed. Operating expenses for the full year came to $9.7 million, excluding employee token awards of 450,000 UNI.On the revenue side, the foundation received 20.3 million UNI, worth roughly $114 million at year-end prices, from…
The Commodity Futures Trading Commission (CFTC) has levied a $500,000 penalty and restrictions against crypto exchange KuCoin’s operator, barring it from allowing US users to trade on its platform without proper registration. The CFTC says a federal court in the Southern District of New York entered a consent order against Peken Global Limited, the entity behind KuCoin. The order finds the company allowed US participants to access its trading platform without registering as a foreign board of trade. The court has imposed a $500,000 civil monetary penalty and permanently enjoined Peken Global from future violations. The order also prohibits the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple announced on Wednesday, April 1, the rollout of two major additions to its Ripple Treasury platform: Digital Asset Accounts and Unified Treasury. The company describes these features as the first native digital-asset capabilities built directly into a treasury management system, designed to let corporate finance teams treat crypto holdings the same way they do cash. Ripple’s New Treasury Features According to Ripple, the newly disclosed update gives finance and treasury teams a single, unified view of liquidity by aggregating balances from bank accounts, custody providers, and…
Google Quantum AI paper places Cardano second in quantum readiness, behind Algorand. Google Cloud joined Midnight as an initial validator and tested staking on Cardano’s preview network. The March 30 paper urges blockchains to move to post-quantum cryptography without delay. Cardano has received a Google-linked nod in the race to prepare blockchains for quantum risks. A March 30, 2026, paper from Google Quantum AI and co-authors placed Cardano second in quantum readiness, behind Algorand. Google Paper Ranks Cardano Near The Top The paper is titled “Securing Elliptic Curve Cryptocurrencies against Quantum Vulnerabilities.” It examines how future quantum computers could weaken…