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Stablecoin less preferable form of tokenized money, BIS paper finds

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Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that implies, a BIS working paper says.

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Coin Market

US DOJ strike force ‘restrains’ $701M in crypto in ongoing scam crackdown

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Besides freezing crypto, the strike force also seized a Telegram channel used to recruit unsuspecting job seekers and took down 503 fake crypto investment websites.

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White House confirms Trump to address memecoin gala on Saturday

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US President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule.

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Jane Street asks US court to toss Terraform’s insider trading suit

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Jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated.

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