World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks
World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.
Older stories · all sources
World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.
ESMA’s latest MiCA register update includes BingX, YouHodler and Banco Santander’s Openbank, bringing the total to 375 unique CASPs.
France’s National Assembly adopted a crypto tax amendment targeting certain stablecoin swaps, while separate proposals on exit taxes and self-custodial wallet reporting remain under consideration.
Analysts expect Bitcoin to retest $80,000 support again as stock markets attempt to recover last week’s losses.
JPMorgan is expanding its JPM Coin deposit token to Ethereum, allowing institutional clients to make payments and settle tokenized asset transactions.
US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks.
Sam Altman-backed World has rolled out biometric verification badges for Zoom enterprise users, aiming to combat AI deepfake impersonation and fraud.
Finance officials are reportedly set to meet major crypto exchanges on Tuesday, days after a lawmaker introduced legislation that could push the tax’s start date back two years.
Qubic says 87.1% of the stolen funds remain onchain and the rest were frozen at crypto exchange MEXC, as network validators prepare to vote on a recovery plan.
HEX founder Richard Heart detained in early morning raid in Istanbul, Starknet plunges almost 50% as it votes to become an L1, and Bitwise says all signs point to Crypto Spring.
The prediction market industry enables people to bet on US elections and sporting events.
Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.