Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance. The newly launched USP synthetic dollar is fully backed by real-world private credit, Pareto told Cointelegraph on May 15. To mint USP, … Read more
TLDR Pi Coin crashed 33% in price following the launch of a $100 million VC fund Market cap plummeted by nearly $5 billion, dropping out of top 20 cryptocurrencies Pioneer community expressing frustration over lack of functioning DApps Community leaders accuse Core Team of neglecting early supporters Price dropped from $1.5 to around $0.84-0.89 within … Read more
MoonPay has teamed up with Mastercard to launch a new suite of stablecoin payment cards. This is a significant move because it will enable seamless digital asset spending at over 150 million merchants worldwide. Announced on 15 May 2025, this collaboration follows MoonPay’s recent acquisition of Iron’s infrastructure – responsible for building API-first stablecoin infrastructure … Read more
House of Democrats are urging the U.S. Treasury to investigate Donald Trump’s crypto dealings, Elon Musk’s political actions committee (PAC), and the Republican fundraising platforms over possible fraud, bribery, and foreign influence. In a letter sent to Treasury Secretary Scott Bessent, top Democrats from three powerful House committees requested all suspicious activity reports (SARs) related … Read more
Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia. Lawmakers are reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill in its final stages, according to Yaroslav Zhelezniak, a member of parliament who … Read more
A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet Providers in Disarray as Tax Puts Local Players in Checkmate The Argentine crypto industry, … Read more
As Binance Coin (BNB) navigates a volatile short-term range, traders are cautioned to remain vigilant against potential false breakouts that could disrupt market momentum. The recent price behavior suggests a bullish bias in the recent days, but uncertainty remains as consolidation phases continue to play out. “Market participants need to be prepared for possible corrections, … Read more
There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is likely to consolidate between 1.1100 and 1.1290 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is likely … Read more
What is HTTP 402, and why does it matter? The web was not really built with payments in mind, especially not for autonomous agents or machines. But with the rise of AI and decentralized finance (DeFi), the need for seamless, native digital payments has never been more urgent. Coinbase x402 announced a new open protocol … Read more
Publicly-traded firm BTCS Inc. announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy. The Rockville, Maryland-based company announced the deal on May 14, stating that the move will allow it to expand validator node operations and build recurring revenue from Ether (ETH) … Read more