Taurus Launches Privacy-Focused Stablecoin Contract on Aztec Network

Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity. Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance features of existing stablecoins, the company disclosed on Thursday. The new contract can increase adoption of stable assets for payrolls, intracompany payments and…

Fragmented liquidity is DeFi’s central scalability risk.

Opinion by: Hart Lambur, co-founder of Risk Labs. Decentralized finance, or DeFi, is built on composability, but composability is breaking. As new chains proliferate, liquidity fragments and incentives weaken. What was once a single shared environment has splintered into dozens of siloed markets. DeFi isn’t dead, but without the infrastructure that connects these environments, it…

FBI Busts Alleged BreachForums Admin in $250 Bitcoin Sting

A British man accused of operating under the alias “IntelBroker” on cybercrime forums has been indicted for allegedly selling stolen data in a case that caused more than $25 million in damage. The US Southern District of New York Attorney’s Office announced Kai West’s indictment on Wednesday. West allegedly operated on online black markets under…

Wall Street Buys Over $1b in Bitcoin Amid Dollar’s ‘Do or Die’ Moment

Key takeaways: Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar. Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022. Analysts warn July could trigger a major dollar breakdown, fueling Bitcoin’s rise toward new…

EC’s Soft Tone On Foreign Stablecoins Sparks Optimism

The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism. In response to ECB concerns on potential bank run risks stemming from stablecoin multi-issuance in Europe and third countries, the European Commission (EC) said such risks are “highly unlikely.”…

Indian Politician Calls for Bitcoin Reserve Pilot as US, Bhutan Adopt Crypto Strategies

The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience.  In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic Bitcoin (BTC) reserve and Bhutan’s state-led mining operations signal…

How to Understand a Stablecoin Attestation Report (Step-by-Step Guide)

Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations…

BTC’s Illiquid Supply Climbs to 72% of Total Circulating Supply, Reflects Strong HODL Trend

Bitcoin’s illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data. With bitcoin’s current circulating supply standing at approximately 19.8 million, this means over 72 percent of all mined BTC is now classified as illiquid. Illiquid supply refers to the portion of BTC…

Bit Digital Pivot to Ethereum from Bitcoin

Shares in Bit Digital fell by nearly 4% on Wednesday after the crypto mining firm announced it would wind down or sell its Bitcoin mining infrastructure and use the proceeds to buy more Ether. In a statement, the company said it would gradually convert its entire Bitcoin (BTC) stack to Ether (ETH), but it did…

Hong Kong Puts Stablecoins and Tokenization at Core of New Crypto Policy

Hong Kong’s latest digital asset blueprint places stablecoin regulation and asset tokenization at the heart of its strategy to become a global crypto and fintech hub. The policy statement, issued on Thursday, introduces a framework known as “LEAP,” targeting legal clarity, ecosystem expansion, real-world applications and talent development. It builds on the foundation laid by…