Sat, May 9

Western Union Officially Launches USDPT Stablecoin on Solana

Launching its USDPT stablecoin on Solana, Western Union has taken its first step toward blockchain-based payments and onchain settlement for its worldwide remittance network. While Western Union has stated its intention to spread the stablecoin to over 40 countries in 2026, one of the crypto infrastructure platforms participating in the

May 5, 2026 2 mins read

JPMorgan Questions Stablecoin Growth Narrative Despite Surge

Proof of significant global adoption is the +673% rise in stablecoin active addresses in the last five years. Nevertheless, the analysts at JPMorgan are challenging the notion that an increase in consumption would always lead to a rise in market capitalization. According to JPMorgan’s estimations, stablecoin transactions have reached an accelerated

May 4, 2026 2 mins read

Ethereum Foundation Sells Another 10K ETH to BitMine for $22.9M

In its third round of over-the-counter (OTC) sales to BitMine Immersion Technologies, the Ethereum Foundation has sold 10,000 ETH for an additional $22.9 million, or an average price of $2,292 per coin. In a post on X published on Friday, the Ethereum Foundation said that the proceeds from this sale

May 2, 2026 2 mins read

Western Union Targets May Launch for USDPT Stablecoin

As part of its crypto strategy, which also include its digital asset network and US dollar stable card, financial services behemoth Western Union is aiming to launch its new stablecoin in May. Western Union president and CEO Devin McGranahan stated: “Over the last few months, we’ve crossed an important threshold.

April 27, 2026 2 mins read

Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies

Senate Banking Chair Tim Scott is allegedly under pressure from a US senator who wants the crypto market structure bill markup postponed until May so that banks and crypto advocates may work out their differences on stablecoin yield requirements. Senate Banking Committee markup of the CLARITY Act is not expected to

April 21, 2026 2 mins read

Flare Token Surges Ahead of Key Governance Vote on Major Economic Overhaul

Ahead of a critical governance vote that might drastically alter the network’s economic model, Flare’s native token, $FLR, is seeing a surge in momentum. Flare unveiled a new governance proposal this week that would drastically alter its network architecture, provide a revenue system at the protocol level, and lower token inflation.

April 17, 2026 3 mins read

Ethereum Foundation Key Researcher Josh Stark Departs After Five Years

It was announced on Thursday that Josh Stark, a prominent researcher and project manager at the Ethereum Foundation, would be leaving the organization after five years. The foundation is a non-profit that oversees the development of the Ethereum ecosystem. In a post on X, Stark said that he had no

April 17, 2026 1 min read

Circle Sued Over $280M Drift Hack, Accused of Failing to Freeze Stolen USDC

The class action complaint against Circle Internet Group was initiated by an investor in the Drift Protocol. The investor claims that Circle failed to seize the $280 million in funds that were taken in the April 1 hack of the protocol. In a US district court in Massachusetts on Wednesday, Drift

April 17, 2026 2 mins read

XRP Eyes Breakout as $1.40 Resistance Faces Renewed Pressure

The crucial $1.4 resistance level has been challenged twice by XRP throughout the last two weeks. Time and again, sellers were able to halt market rallies by holding the price down. Still, it seems like price action is eager to give it another go. An further effort to transform $1.4

April 15, 2026 2 mins read

Ethereum Price Gains Traction as ETF Flows Shift and Network Activity Surges

With money flowing out of bitcoin ETFs and into ether funds and rising prices, ether (ETH) is clearly gaining ground on bitcoin. According to statistics, Ethereum has surpassed bitcoin by a significant margin, with an 8% increase over the last 24 hours compared to a 5% gain for bitcoin. This outperformance

April 14, 2026 2 mins read
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