Monad’s first week on mainnet hasn’t been entirely smooth, with users now reporting spoofed ERC-20 token transfers after mainnet launch. Summary Monad users reported spoofed ERC-20 transfers shortly after MON debut. The fake transfers don’t move funds but are crafted to look legitimate, a common scam tactic on new EVM chains. No assets have been…
Key Takeaways World Liberty Financial repurchased 59 million WLFI tokens worth nearly $10 million in six hours. WLFI rallied on the renewed accumulation. Share this article World Liberty Financial, the crypto project backed by the Trump family, spent approximately $10 million to buy back 59 million WLFI tokens over the past six hours, according to…
Klarna just made a move toward crypto that nobody really saw coming. The Swedish buy-now, pay-later giant announced on Tuesday that it is launching its own stablecoin, called KlarnaUSD, marking a significant shift from its traditional lending business and positioning it squarely in the crypto payments arena. The token runs on a blockchain developed by…
The BTC correction has extended the drawdown from its all-time high to 36%, making it the largest in this cycle, both in percentage and in the scale of long liquidations. Bitcoin (BTC) ended last week with negative returns amid the broader crypto market’s continued decline. Analysts at the crypto exchange Bitfinex revealed in a…
Swedish fintech giant Klarna is dipping its toes — or maybe its entire checkbook — into the crypto pool with the launch of a USD-pegged stablecoin. Summary Klarna’s new stablecoin has a mainnet rollout planned for 2026 and future expansion to merchants and consumers. The objective is to reduce costs and improve efficiency, leveraging Stripe’s…
Key Takeaways Texas acquired $10 million in BTC on Nov. 20 as part of its newly approved Strategic Bitcoin Reserve initiative. The state made the initial purchase through BlackRock’s IBIT ETF, with plans to self-custody in the future. Share this article Texas has become the first U.S. state to purchase Bitcoin for its treasury, acquiring…
Another hard week hit the crypto markets. Hyperliquid price formed a new low, and it begs the question “How much more?”. Are investors scared and confident still? What is liquidity telling us about the current state of the market? Lots and lots of questions to ask. One place to look for answers is the charts….
Bitwise’s Matt Hougan believes that larger DATs gain major advantages in debt markets, lending capacity, derivatives access, and M&A opportunities. Bitwise Chief Investment Officer Matt Hougan outlined a valuation framework for digital asset treasury companies (DATs) and said that analysis of the sector often misunderstands how these firms should be priced relative to the…
BNB is trading at a level that previously marked a breakout in 2024, according to market data. After pulling back from its recent peak, the cryptocurrency is testing a former resistance level now functioning as support. Summary BNB has retraced to the upper boundary of an ascending channel that capped its 2024–2025 rally. BNB Chain’s…
Key Takeaways US Bancorp is piloting its own stablecoin on the Stellar blockchain. Stellar was chosen for its strong compliance-oriented features like asset freezing and transaction management. Share this article US Bancorp, a Minneapolis-based financial institution, is testing its own stablecoin on Stellar, a public blockchain focused on facilitating financial transactions and asset tokenization with…
