Crypto

Resolv’s USR dollar stablecoin is trading at just $0.24 after an attacker minted 80 million unbacked tokens, forcing a full protocol pause and reopening fears over stablecoin risk. Resolv Labs has temporarily paused its protocol after an exploit on Sunday in which an attacker minted 80 million unbacked tokens, knocking the dollar stablecoin sharply off its peg and briefly plunging the token to $0.14. The Resolv Foundation team announced on X on Monday evening that all protocol functions, including the app, were temporarily halted “to contain the impact of the exploit,” freezing Season 4 airdrop claims as well as staking and unstaking of RESOLV tokens. Resolv previously said the collateral pool remained intact with no loss of underlying assets, despite onchain analysis showing that the attacker had successfully converted most of the minted USR into Ether (ETH) and sold around $25 million. USR is currently trading near $0.24, far below its intended dollar peg. Read more

Major financial players are building via the Solana Developer Platform, which is meant to streamline enterprise development on the network.

Kalshi is facing off with state regulators around the US, who claim that prediction markets are a form of gambling and recognize that they are a significant source of potential revenue. Momentum is building across US states to regulate or restrict prediction markets, with multiple legal actions targeting platforms such as Kalshi. On March 20, Carson City District Court Judge Jason Woodbury in Nevada made his state the first to issue a temporary ban on prediction market Kalshi from operating. Gaming officials said that the platform violated state gambling laws. Nearly a dozen other states have also issued various forms of legal proceedings. Most have filed cease-and-desist letters, while Arizona has even brought criminal charges against Kalshi. Other states are considering new legislation for prediction markets. Read more

Circle Pushes EU to Lower Crypto Thresholds Under MiCA The post Circle Urges EU to Ease Crypto Thresholds in Proposed Markets Framework appeared first on Cryptonews.

In some of the previous occasions, the price gains were by up to 2,700% in months. Can history repeat?

Arbitrum Sepolia Testnet Halts Block Production The post Arbitrum Sepolia Testnet Halts Block Production in Partial Outage appeared first on Cryptonews.

Ripple (XRP), down 1.3% since Monday, was also among the underperformers.

The audit aims to address long-standing questions over USDT reserves and push new disclosure standards.

Implied volatility indicators DVOL and BVIV suggest peak fear has passed, with crypto leading traditional markets in pricing risk.

Securitize will become NYSE’s first digital transfer agent to mint blockchain-based shares of stocks and develop standards for compliant tokenized stock issuance. The New York Stock Exchange (NYSE) has signed a memorandum of understanding (MoU) with tokenization platform Securitize, as part of a broader effort to develop blockchain-based stock trading infrastructure for Wall Street. Securitize will become the first digital transfer agent, enabling it to mint blockchain-based shares for stocks and exchange-traded funds (ETFs) on the upcoming tokenized securities platform, the Digital Trading Platform, according to a Tuesday announcement from Intercontinental Exchange (ICE), parent company of the NYSE. Under the MoU, the companies plan to develop a digital transfer agent program and standards for digital transfer agents and tokenization agents, with a focus on regulatory, operational and technology requirements for tokenized securities infrastructure. Read more

TAO soared to a four-month peak and flipped WLFI.

Solana is aiming to attract enterprises and financial institutions to its ecosystem through a new unified developer platform, which is focused on tokenization and stablecoins. The Solana Foundation has revealed it has secured Mastercard, Worldpay, and Western Union as early users of its newly launched developer platform, as part of ongoing efforts to attract enterprises to build on its blockchain.  The Solana Developer Platform (SDP) was announced on Tuesday to enable enterprise developers to build on the blockchain using a unified interface.  Much of the focus is on real-world asset tokenization, including stablecoins, which is currently a $328 billion market, according to rwa.xyz. More than half of the total value is held on Ethereum; however, with Solana holding 6.3% share of the tokenized real-world asset market. Read more

The platform is a toolkit that lets enterprises create and scale financial applications on Solana without deep crypto infrastructure expertise.

Mastercard’s planned BVNK acquisition highlights a shift toward infrastructure over token issuance, reflecting how major payment firms are approaching stablecoins. Mastercard’s deal to acquire BVNK for up to $1.8 billion goes beyond simply entering the crypto space. It reflects a well-thought-out strategic redirection. Rather than introducing its own stablecoin, Mastercard has opted to gain control of the underlying infrastructure that links conventional finance to blockchain-enabled payments. This approach prompts an important question: Why would a major player in payments decide against creating its own digital currency and instead invest in the systems that facilitate its movement? Read more

Bubblemaps said the likely insider had a near-perfect accuracy using 7 accounts.

Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.

The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand.

AI altcoins notched double-digit gains amid conflict-related volatility, buoyed by last week's Nvidia GTC conference.

Omnes and Apex plan to issue a tokenized Bitcoin mining debt note on Base, giving eligible non-US investors exposure to hashrate-linked returns. Financial technology company Omnes and financial services provider Apex Group said on Tuesday that they plan to issue a tokenized secured debt note backed by Bitcoin hashrate on Base. The two companies announced that they would tokenize the Omnes Mining Note (OMN), an institutional-grade structured note backed by the Bitcoin (BTC) hashrate. The companies said it will be issued and managed on the Base blockchain, Coinbase’s Ethereum layer-2 network. Apex said the note is designed to give institutional investors “direct economic exposure to new Bitcoin production measured in hashrate” without the operational burden of managing mining hardware, energy procurement and facilities. Read more

The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.