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Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

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Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow.

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Coin Market

Belgian police arrest suspected phishing gang leader tied to $572K theft

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Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency.

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Coin Market

EU crypto rulebook faces enforcement challenge as MiCA transition ends

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Lawyers and industry executives expect EU regulators to enforce MiCA differently as unauthorized crypto companies are required to wind down operations.

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Coin Market

Upbit says it only expressed interest in future OUSD participation

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Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative.

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