Ethereum Yield Versus Defi and Stablecoins

Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining market share. Most competing yield products are built on Ethereum, meaning rising adoption can still strengthen the network’s value over time. Fixed income isn’t just…

NY Authorities Freeze $300K Linked To Crypto Scammers

New York officials reported an investigation resulting in the recovery of ​​$140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using fake ads on social media. In a Wednesday notice, authorities with the Brooklyn District Attorney’s office, the New York State Attorney’s office and the New York State Department of…

Ethereum Yield Versus Defi and Stablecoins

Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining market share. Most competing yield products are built on Ethereum, meaning rising adoption can still strengthen the network’s value over time. Fixed income isn’t just…

Crypto Platforms Integrate BlackRock’s BUIDL As Collateral

Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock’s tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility, yield-bearing digital instrument as collateral for their accounts, lowering the margin requirements for leveraged trading, according to Forbes. Coinbase, one of the…

Bitcoin, Altcoins Fall Ahead of Fed Interest Rate Decision

Key points: Bitcoin has held above $104,000, but sustained selling could sink the price to $100,000. Most major altcoins remain range-bound, but a few are threatening to break below the support levels. Bitcoin (BTC) is witnessing a tough battle between the bulls and the bears near the 50-day simple moving average ($104,269). The bulls are…

Standard Chartered (STAN) Sees New Growth Frontiers in Non-Stablecoin Tokenization

Stablecoins dominate the tokenization of real-world assets (RWA), but Standard Chartered (STAN) said it sees signs of a broader shift underway. With just $23 billion currently in non-stablecoin RWAs, around 10% the size of the stablecoin market, the investment bank anticipates significant growth as regulatory clarity improves and the focus shifts to assets that benefit…

Polygon Co-Founder Spins Off ZisK zkEVM Project

Polygon co-founder Jordi Baylina has spun off a new zero-knowledge project called ZisK — an independent initiative aimed at supporting multiple programming languages and accelerating the adoption of decentralized technologies. ZisK is a fully open-source zero-knowledge virtual machine (zkEVM) stack initially developed at Polygon, the new company said in a Wednesday social media post. Baylina…

Iranian Crypto Exchange Nobitex Exploited for $81M

Update, June 18, 8:01 am UTC: This article has been updated to include a section on Gonjeshke Darande. Update June 18, 8:49 am UTC: This article has been updated to include the latest figures and quotes from Cyvers. Update June 18, 12:26 pm UTC: This article has been updated to include data on Nobitex wallet…

What Happened In Crypto Today

Today in crypto, Iranian crypto exchange Nobitex was hacked by an Israeli-linked group, multiple public companies raised hundreds of millions of dollars to buy crypto, and the US Senate passed the GENIUS Act stablecoin bill. Iranian exchange Nobitex hacked for over $81 million by Israel-linked hackers Iran-based cryptocurrency exchange Nobitex has been hacked for more…

XRP Is Consolidating For 200 Days Already — Analysts Weigh Where Price Is Heading Next

Key takeaways: XRP has consolidated for nearly 200 days between $1.90 and $2.90, with analysts split on the next move. A 2017 chart fractal suggests a target between $3.70 and $10, with some even eyeing $25. A bearish chart pattern could invalidate bullish setups, targeting a drop to $1.33. XRP (XRP) is nearing 200 days…