Category: Uncategorized

SEC Affirms Fiat-Backed Stablecoins Are Not Securities

Stablecoins backed one-to-one by U.S. dollars in fully reserved holdings do not count as securities under federal law, according to an April 4 statement by the Securities and Exchange Commission (SEC). This announcement offers the clearest guidance yet on how regulators view “Covered Stablecoins,” potentially easing the legal uncertainty around their issuance and trading. Covered […]

PayPal, Venmo Expand Crypto Offerings to Solana and Chainlink

Global payments provider PayPal has unveiled plans to support Chainlink (LINK) and Solana (SOL) within its cryptocurrency services. This expansion grants U.S. users the ability to buy, sell, and transfer both tokens and will also extend to Venmo, a mobile payments platform owned by PayPal. The rollout is scheduled for the coming weeks, further diversifying […]

Alchemy Pay Adds Fiat On-Ramp for Hedera

1. Alchemy Pay Enables Fiat On-Ramp for HBAR and USDC on Hedera Singapore-based payments provider Alchemy Pay has integrated Hedera’s HBAR and USDC (on the Hedera blockchain) into its fiat-to-crypto on-ramp. The newly added functionality allows users to buy these assets seamlessly with credit cards, bank transfers, and local payment solutions, significantly boosting accessibility. Key […]

TRUMP Memecoin Slumps 10% on New Tariff Announcement

The TRUMP memecoin, launched by U.S. President Donald Trump on the Solana network, has fallen by 10.36% in the past 24 hours, echoing sharp macro-driven volatility. Markets reacted negatively to Washington’s newly unveiled blanket tariffs on imports—an event that spiked recession odds in the U.S. from 42% to 52% overnight, according to Polymarket. Price Action […]

Anti-CBDC Bill Advances in Congress

U.S. lawmakers have advanced a bill that would prohibit federal banks from issuing or using a central bank digital currency (CBDC), pushing it one step closer to a vote on the House floor. In an April 2 markup session, the House Financial Services Committee voted 27-22 in favor of the CBDC Anti-Surveillance State Act, sponsored […]

Compound Considers Dedicated Foundation

In a move to streamline operations and bolster its long-term development, Compound Labs—the team behind the decentralized lending protocol Compound Finance—has announced plans to explore the creation of a dedicated foundation. This proposal follows a trend among major DeFi ecosystems and has drawn parallels with Uniswap’s own foundation structure. Why a Compound Foundation? Compound Finance, […]

RLUSD Ripple Integration Sees Stablecoin’s Monthly Growth

RLUSD has become the latest addition to Ripple Payments, marking a significant step in bridging stablecoin technology with enterprise-level transactions. The stablecoin’s market cap soared by an impressive 118% over the past month, reaching $200 million by March’s end, according to Artemis data. Monthly transfer volume also rose from $466 million to $720 million, highlighting […]

Pump.fun Rebounds After PumpSwap Launch

Pump.fun, a leading meme coin creation platform, has seen a dramatic resurgence after unveiling PumpSwap, a new decentralized exchange (DEX) on Solana. Despite facing market hurdles earlier this year, Pump.fun’s latest expansion is catapulting the protocol back to the top of the industry—by fees, revenue, and trade volume. A Return to Form Before PumpSwap went […]