Author: admin
The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to support stablecoin payments for insurance premiums. Aon plc says that it successfully demonstrated a proof of concept for insurance premium payment using dollar-backed stablecoins. The firm says it worked with Coinbase and Paxos to settle premium payments for their respective insurance programs. The transactions were executed across several blockchain networks including USDC on Ethereum and PYUSD on Solana. Aon’s financial services group CEO Tim Fletcher says the insurance giant is the first mover in accepting stablecoins to settle…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Most harm done to consumers in the crypto space has come not from the tokens themselves, but from the platforms handling them — the exchanges, custodians, lenders, and yield services. That finding sits at the center of a new paper delivered this week by Rhys Bollen, the head of fintech at the Australian Securities and Investments Commission, who argues Australia should stop treating digital assets as something categorically new and start applying the financial laws already on the books. Regulating What It Does, Not What It’s Called…
After retreating back to the $69,000 area during early U.S. morning hours Wednesday, bitcoin BTC$69,593.87 has quickly spiked to nearly $71,000.Other crypto assets, including ether (ETH), solana (SOL) and XRP, saw the same sharp moves higher.The gains appeared to come as crude oil quickly reversed most of its session’s large gains, dropping $3 per barrel in a matter of minutes. At press time, WTI crude futures for April were at $85, up 2% for the day.Crude’s drop also benefited stocks, with the Nasdaq moving from a small decline to a gain of 0.5% in early U.S. trade.Crypto-related shares were mixed,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Goldman Sachs was the largest disclosed institutional holder of spot XRP ETFs as of Dec. 31, 2025, according to Bloomberg Intelligence data shared by ETF analyst James Seyffart, offering one of the clearest snapshots yet of who was buying into the products during their first months on the market. The filing data also underscores a more surprising point: XRP ETF demand appears to have stayed intact even as the token suffered a sharp post-launch decline. “The XRP ETFs have actually held up pretty well despite the massive…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1980.55, down 0.6% (-12.31) since 4 p.m. ET on Tuesday.Eight of 20 assets are trading higher.Leaders: ICP (+11.9%) and DOT (+2.2%).Laggards: HBAR (-1.8%) and XLM (-1.6%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.#Hedera #HBAR #drops #leading #index
US authorities are determined to convict Tornado Cash founder Roman Storm on two serious charges following a jury deadlock in his four-week trial last year. The 12-member jury found Storm guilty of conspiracy to operate unlicensed money transmitting business, but was unable to reach a verdict on the charges for conspiracy to commit money laundering and conspiracy to violate sanctions. In a letter to U.S. District Court for the Southern District of New York Judge Katherine Polk Failla dated March 9th, federal prosecutors say the government wants a second chance to convict Storm. They are requesting the court to set…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Democratic U.S. Senator from California is introducing new legislation targeting crypto‑driven prediction markets An Act Against Death On March 10, Democrat U.S. Senator Adam Schiff (California) and Representative Mike Levin (CA-49) introduced the DEATH BETS Act, a bill aimed explicitly at banning prediction market contracts tied to terrorism, assassination, war or an individual’s death on any platform registered in the Commodity Futures Trading Commission (CTFC). This includes regulated venues like Kalshi or Polymarket’s newly U.S. licensed arm, plus other designated contract markets (DCM) that list event…
Binance said it filed a defamation lawsuit against Dow Jones, the publisher of The Wall Street Journal, on the same day the newspaper published a report claiming the U.S. Justice Department is investigating whether Iran used the world’s largest crypto exchange to move funds in violation of American sanctions.In the complaint filed in the U.S. District Court for the Southern District of New York, the company said the newspaper published “false and defamatory statements” about its compliance practices and handling of Iranian-linked transactions in an article published on Feb. 23.In Wednesday’s story, the Journal reported that DOJ officials contacted individuals…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has reclaimed the $2,000 level after several weeks of volatile price action, offering the market a brief period of relief following sustained selling pressure across the broader crypto sector. The recovery comes as derivatives activity begins to normalize, suggesting that leverage levels may be stabilizing after months of structural shifts in the Ethereum futures market. A recent report from CryptoQuant analyst Arab Chain highlights notable developments in Ethereum’s derivatives positioning. Data from the ETH Open Interest Z-Score (30-day rolling) on Binance shows meaningful changes in market…
By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin BTC$69,587.38 slipped back below $70,000 as war in the Middle East and U.S. inflation data due later today keep investors cautious.The latest failure to build momentum above $70,000 followed reports that Iran was laying mines along the already disrupted Strait of Hormuz, a major global oil chokepoint. Bullish momentum weakened late Tuesday after U.S. Energy Secretary Chris Wright said in a now-deleted social media post that the U.S. escorted an oil tanker through the strait.As usual, the disappointment quickly spread from bitcoin to the broader crypto market. Major cryptocurrencies such as…