StablR Exploit Drains $2.8M as Euro Stablecoin Depegs

An ongoing exploit is impacting StablR, resulting in the depeg of its Euro and USD stablecoins, while a compromised private key has been blamed, adding to a lengthening list of hacks and exploits this month. Blockchain security firm Blockaid reported on Sunday that its exploit detection system has identified an ongoing exploit on the StablR … Read more

New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst

Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market analyst Lawrence Lepard. Lepard said that comments from other US officials, including Kevin Hassett, the director … Read more

Bitcoin Could Revisit $60,000 Level in 2026 — Analyst

The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe. Bitcoin fell below the support zone on Friday, van de Poppe said, adding that market corrections occurring on Fridays “flip back bullish quite often.” … Read more

SEC Approves Nasdaq Bitcoin Index Options

The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange. The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF Bitcoin Real Time Index, which updates with data from major cryptocurrency exchanges every 200 … Read more

Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions

Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps. In a Friday post on X, Teng called the reporting “fundamentally inaccurate,” saying that Binance never permitted transactions … Read more

ECB Rejects Euro Stablecoin Push, Warning of Risks to Banks and Monetary Policy

The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters. The pushback came in response to a policy paper prepared by Brussels-based think tank Bruegel, whose authors presented their proposals at the two-day … Read more

Bitcoin ETF Outflows Are a ‘Contrarian’ Buy Signal: Santiment

The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment. “Santiment’s analysts read these flows as a counter-indicator, since ETFs disproportionately reflect retail conviction rather than smart money positioning,” … Read more