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Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White

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Speaking at the SXSW conference in Austin, Molly White compared crypto companies’ current predicament to that in 2017 and 2018, when they had “trouble accessing banking”.

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Coin Market

US authorities freeze $344M in crypto linked to Iran

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The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement.

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Bitcoin developer Paul Sztorc announces BTC hard fork called eCash

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The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc’s announcement.

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Aurelion allocates $48M in tokenized gold to newly launched yield protocol

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The XAUE protocol lets holders earn yield on tokenized gold through lending and trading strategies while maintaining exposure to the underlying asset.

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