Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
Your look at what’s coming in the week starting Aug. 24
Ether is crushing bitcoin and the ‘golden cross’ says it may not be done yet
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets...
Ray Dalio says investors should own ‘a bit of Bitcoin’ as U.S. debt risks rise
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
Bitcoin and Ether bears get decimated amid ‘squeeze-led’ rally and Musk’s X wants to pay creators in stablecoins: Crypto’s week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology...