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Financial News

How Stellar (XLM) became part of DTCC’s plan to bring securities onchain

How Stellar (XLM) became part of DTCC’s plan to bring securities onchain

3 months ago by Crypto InsightsCrypto

DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon. Earlier this week, DTCC said tokenized assets held through its… Read More

XRP Ledger’s design blocks the flash loan attacks costing DeFi hundreds of millions

XRP Ledger’s design blocks the flash loan attacks costing DeFi hundreds of millions

3 months ago by Crypto InsightsCrypto

The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the XRP Ledger. Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum,… Read More

Grayscale says Hyperliquid could become a ‘financial services juggernaut’

Grayscale says Hyperliquid could become a ‘financial services juggernaut’

3 months ago by Crypto InsightsCrypto

Hyperliquid (HYPE), a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly being viewed by Wall Street analysts as a broader financial infrastructure play that could challenge parts of traditional exchanges and derivatives markets. In a… Read More

Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools

Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools

3 months ago by Crypto InsightsCrypto

The S&P 500’s longest weekly winning streak since 2023 and Brent crude settling near $92 on U.S.-Iran ceasefire hopes have failed to pull bitcoin BTC$73,573.09 and ether (ETH) higher, with the two largest cryptocurrencies finishing the week down nearly 3% as cooling spot bitcoin ETF… Read More

JP Morgan’s Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JP Morgan’s Dimon escalates battle over stablecoin rewards in CLARITY Act debate

3 months ago by Crypto InsightsCrypto

JPMorgan Chase CEO Jamie Dimon on Friday yet again sharply criticized Coinbase CEO Brian Armstrong and warned that the latest version of the Clarity Act could ultimately fail if lawmakers do not address concerns from traditional banks over stablecoin regulation. In an interview with Maria… Read More

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

3 months ago by Crypto InsightsCrypto

As global trading trends race toward 24-hour, no-days-off markets, the U.S. Commodity Futures Trading Commission argued that it may be fine for the new blockchain-native players, but that expanded hours might not be appropriate for some of the traditional markets, the derivatives watchdog said in… Read More

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