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TrueUSD stablecoin depegs as holders dump $330M in TUSD

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TUSD tumbled as low as $0.984 on Jan. 15, amid reports that holders are cashing out for USDT and reported difficulties posting real-time attestations of its reserves.

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Coin Market

Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

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As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.

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MiCA has made euro stablecoins safe but weak, new report argues

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A new Blockchain for Europe report says MiCA has made euro stablecoins safer but less competitive, and urges targeted reforms to reserves and remuneration.

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Ethereum’s EEZ could pull other blockchains into its orbit

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The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst.

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