The Stablecoin Shake-Up: Fidelity Enters the Arena
Fidelity Investments is advancing its digital asset strategy with a planned US dollar-pegged stablecoin and an Ethereum-based share class.
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Breaking Crypto News
Avit Goes Live: A New Era of Blockchain Banking Begins with Ethereum
Custodia and Vantage Banks have launched the first US bank-issued stablecoin, “Avit,” on Ethereum.
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BitBoy Busted: Ben Armstrong Arrested in Florida Over Emails to Judge
Crypto influencer Ben Armstrong was arrested in Florida over emails sent to a Georgia judge, marking the latest incident in a series of controversies.
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DeFi Meets TradFi: Tokenized US Treasuries Power a $5B Blockchain Revolution
Tokenized US Treasuries have surged past $5 billion in market value, led by BlackRock and new entrants like Fidelity.
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Celo Joins Ethereum Layer-2 Ecosystem, Slashes Fees and Boosts Speed
Celo has successfully transitioned from a standalone layer-1 blockchain to an Ethereum layer-2 using Optimism’s OP Stack and EigenDA.
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Movement Network Recovers $38M, Begins 3-Month MOVE Token Buyback
The Movement Network Foundation has recovered $38 million from a rogue market maker on Binance and is launching a three-month token buyback.
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Leaked Wallets, Shady Profits: Binance Suspends Employee in Token Scandal
Binance has suspended a recently hired staffer over insider trading allegations involving the UUU token, launching an internal investigation.
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Crypto.com Reverses ‘Forever’ Token Burn — Is CRO a Scam?
Crypto.com is facing backlash after reissuing 70 billion previously burned CRO tokens, reigniting concerns over centralization and governance transparency.
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Bitcoin and Ethereum Whales Accumulate as Prices Recover From Recent Lows
Bitcoin and Ethereum whales—including dormant wallets and major institutions like BlackRock—are aggressively accumulating crypto.
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Circle to Launch USDC in Japan on March 26 With Full Regulatory Approval
Circle will officially launch USDC in Japan on March 26, 2025, becoming the first USD-backed stablecoin approved under Japan’s regulatory framework.
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