Consensys, the Ethereum-focused software firm, has partnered with Aave to integrate a new feature into MetaMask wallets, allowing users to earn yield on stablecoins like USDC, USDT, and DAI. In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give…
The NFT marketplace SuperRare’s RareStakingV1 contract was exploited, allowing attackers to drain 11.9M RARE tokens. Importantly, the vulnerability did not compromise the underlying $RARE token contract or its core functionalities. SuperRare’s exploited RareStakingV1 contract was part of the platform’s staking and curation initiative launched in August 2023. The Rare Protocol was introduced as a solution…
TRON has taken the lead as the dominant network for USDT, overtaking Ethereum in both stablecoin liquidity and user transactions, according to a new report from CryptoQuant. Ethereum lost the stablecoin crown. TRON now leads in USDT supply, fees and daily transfers. Join our Space with @trondao on July 30, 10 AM PT to unpack…
The crypto market is up today, with most of the top 100 coins per market turning green. The cryptocurrency market capitalization has dropped by 2.7% over the past 24 hours, but it still holds above $4 trillion, now standing at $4.03 trillion. At the same time, the total crypto trading volume is at $148 billion,…
Major BTC lender Ledn has announced the launch of its Private Wealth program, “a tiered experience with relationship managers, expedited processing, and preferential rates.” Per the press release shared with Cryptonews, this program is specifically for high-net-worth clients, institutional investors, and corporations that “want to turn long-term Bitcoin holdings into strategic capital.” The new offering…
Perplexity AI predicts that a range of top-tier altcoins could reach unprecedented price levels by late 2025, bolstered by the likelihood of another Bitcoin bull run. Bitcoin surged to an all-time high of $122,838 last Monday, a milestone that analysts suggest could hasten the mainstream adoption of cryptocurrencies if upward trajectory persists, supported by legislation…
The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset…
This week, the crypto regulatory landscape was thrown into sharp relief as U.S. lawmakers and agencies issued new frameworks, reversed approvals, and closed long-running investigations. A clear message emerged: the U.S. is moving quickly to shape the next phase of digital asset oversight, with both Congress and federal agencies playing pivotal roles. GENIUS Act Draws…
Strategy (formerly MicroStrategy) announced Friday that it will sell 28 million shares of its Series A Stretch Preferred Stock at $90 each in its initial public offering. The transaction is expected to close on July 29. Strategy said it estimates net proceeds of approximately $2.474 billion after underwriting discounts and estimated offering expenses. Strategy announces…
William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report,…