MetaMask to Launch mUSD Stablecoin on Ethereum and Linea in 2025

MetaMask, the self-custodial crypto wallet owned by Consensys, said Thursday it will launch a dollar-backed stablecoin called MetaMask USD (mUSD). MetaMask said on Thursday that the stablecoin will be issued by Bridge, an issuance and orchestration platform for stablecoins that was acquired by the payments platform Stripe, and will be powered by the liquidity platform…

US DOJ Official Signals Department Opposes Retrial For Roman Storm

Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following a statement from a Justice Department official. Speaking at a Thursday summit in Wyoming organized by the cryptocurrency advocacy organization American Innovation Project, Matthew Galeotti, the acting assistant attorney general…

State Street, J.P. Morgan Complete $100M Tokenized Debt Deal

State Street, a Boston-based custody bank with $49 trillion in assets under its watch, is pushing deeper into digital assets by joining JPMorgan’s blockchain-based tokenized asset platform Digital Debt Service as the first third-party custodian. The first transaction State Street anchored was a $100 million tokenized commercial paper issuance by the Oversea-Chinese Banking Corporation (OCBC),…

Solana’s Next Stop May Be $260: Here’s Why

Key takeaway: After soaring to a six-month high of $209 last week, Solana (SOL) retraced as much as 16% to a low of $175 on Tuesday. The SOL price has since rebounded to the current level of $180, with multiple indicators suggesting that its uptrend toward $260 remains intact.  Solana charts converge at $260 SOL…

XRP Fractal Points To Q4 Rally As Whales Eye Reaccumulation

Key takeaways: XRP closed below $3, but a fractal pattern suggests a bullish Q4 setup, with a potential rally toward $4.35 to $4.85. Whale flows remain negative, hinting at near-term downside before possible reaccumulation in the $2.65 to $2.33 range. XRP (XRP) closed a daily candle below the $3 psychological level on Aug. 19, extending…

Is Bitcoin’s Bull Market Ending? Onchain Data Says Yes

Key takeaways: BTC’s 700% rally from $15,500 to $124,500 suggests a market top in 2 to 3 months, based on past cycles. Bitcoin supply in profit has been elevated for 273 days, signaling a potential cycle peak soon.  Bitcoin risks dropping into the $90,000-$100,000 range if the psychological support at $110,000 is lost. Bitcoin (BTC)…

Tokenization Adoption May Drive More Investment in LATAM Regions

Update Aug. 21, 2:23 p.m. UTC: This article has been updated to include a paragraph on Latin American stablecoin adoption. Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations…

Tokenization Adoption May Drive More Investment in LATAM Regions

Update Aug. 21, 2:23 p.m. UTC: This article has been updated to include a paragraph on Latin American stablecoin adoption. Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations…

Tether And Circle To Meet Top South Korean Bank CEOs: Report

Leading stablecoin issuers Tether and Circle are expected to meet with top executives from South Korea’s largest banks this week, according to local media. South Korea’s state-funded Yonhap News Agency reported Thursday that representatives from Tether and Circle are scheduled to meet with the top executives of South Korea’s four major financial groups. The executives are…

RWA protocol exploits reach $14.6M in H1 2025, surpassing 2024

Cryptocurrency hackers are targeting real-world asset (RWA) tokenization protocols, posing a security threat to the increasing institutional demand for this emerging blockchain sector. Real-world asset tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities for these assets. Hackers have started targeting RWA protocols, as…