DeFi News page 10

The bank is connecting a traditional money market fund to crypto's institutional infrastructure without putting it on a blockchain. Goldman Sachs has reportedly opened access to a $100 billion Treasury fund for crypto companies, according to reporting from Crypto News Australia, Coindoo and UNLOCK Blockchain.

The Trump administration and a key GOP senator say Democratic opposition sank digital asset market structure legislation The White House has publicly blamed Senate Democrats for the failure of the Crypto Clarity Act, according to reports from CryptoBriefing and CoinGape.

The bank will lean on Coinbase's infrastructure to offer corporate customers faster, blockchain-based settlement options. Citi and Coinbase have expanded their partnership to bring stablecoin payment capabilities to Citi's corporate banking customers. The announcement builds on an existing relationship between the two firms, according to reports from BlockchainReporter and Fintech News Singapore.

The request follows Tether's freeze of $550 million in tokens tied to Iran amid a widening sanctions review. A member of the US Senate has formally urged federal authorities to open an investigation into Tether. The request centers on USDT transactions allegedly connected to Iran, a country under extensive US sanctions.

The decentralized protocol says its permissionless design does not allow it to block wallets, reigniting debate over crypto's censorship-resistance principles. Bitget disclosed a security breach that resulted in losses reported at $387.5 million. Following the hack, the exchange asked THORChain to block wallets connected to the attacker's funds. THORChain declined the request.

Regulators tighten oversight of digital asset businesses as the city pushes for tighter market structure standards. Hong Kong regulators have broadened financial reporting oversight to cover licensed cryptocurrency firms, according to reporting from Cointelegraph and CryptoBriefing. The expanded requirements apply to businesses already holding licenses to operate in the city's digital asset sector.

Neville's exit coincides with reports of a Circle CFO departure and a regulatory green light for the trust bank venture Catena. Sean Neville, one of the co-founders of stablecoin issuer Circle, has stepped down from the company's board of directors.

CoinDesk and CryptoBriefing both report RedotPay's completed audit, but disagree on whether the company's US IPO has been pushed to 2027. CoinDesk and CryptoBriefing both report RedotPay's completed audit, but disagree on whether the company's US IPO has been pushed to 2027.

Fraudsters impersonated an Ethereum layer-2 project to lure traders into losing funds, sources report. Scammers have stolen more than $2 million by creating a fraudulent version of GIWA, an Ethereum layer-2 blockchain, according to reports from CryptoBriefing and Bitcoin.com News.

Regulators are examining market maker oversight following a yen-pegged token's sharp deviation from its peg. South Korean regulators are weighing new liquidity standards for stablecoins pegged to the won, according to a report from crypto.news.

The update removes the need to hold native tokens just to cover transaction costs. Binance Wallet has introduced a feature that lets users cover gas fees using USDT instead of each network's native token. The update applies across four major blockchain networks, according to reports from CryptoBriefing, Coinfomania, and crypto.news.

A federal asset forfeiture action targets funds connected to accounts associated with the stablecoin issuer, raising fresh questions about oversight. US federal prosecutors are seeking to seize $84.2 million connected to accounts linked to Tether, the issuer of the world's largest stablecoin, according to Cryptopolitan.

Smith, who currently leads the Solana Policy Institute, will hold both roles as the crypto trade group manages a leadership transition. The Blockchain Association, one of the crypto industry's most prominent Washington-based advocacy groups, has appointed Kristin Smith as its interim chief executive.

Four stories we published show numbers standing still while their interpretation moved, and that gap is the actual news. Four stories we published show numbers standing still while their interpretation moved, and that gap is the actual news.

A new arrangement with Binance is expected to widen USDC's reach in emerging markets, according to industry analysts Circle has entered into a new arrangement with Binance, the world’s largest cryptocurrency exchange by trading volume. Analysts tracking the stablecoin sector say the deal gives USDC a meaningful boost in its ongoing competition with Tether’s USDT.

Four stories carry money mechanisms before the US open, and only one of them has an actual date attached to it. Four stories carry money mechanisms before the US open, and only one of them has an actual date attached to it.

New guidance from agency staff outlines conditions under which certain staking activities may fall outside federal securities law. The Securities and Exchange Commission's staff has released a set of frequently asked questions addressing staking, according to reports from crypto.news and The Cryptonomist.

Stablecoin issuers moved to lock stolen funds as Bitget dangles a 5% bounty for recovery help Bitget, a major cryptocurrency exchange, suffered a security breach that resulted in the theft of digital assets now estimated near $351.6 million, according to crypto.news.