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Near Foundation sets up $40M fund to bail out USN investors in case of collapse

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The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.

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Coin Market

CFTC hires SEC crypto task force adviser with blockchain forensics chops

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The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act.

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Kraken rolls out perpetual futures for US traders through CFTC-regulated venue

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The offering follows Kraken’s acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore.

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BitMine boosts ETH holdings closer to $10B as bear market accumulation continues

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BitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges.

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