Grove Launches $1B Facility for Instant Redemptions
TL;DR: Grove launched Basin, offering up to $1 billion in committed daily stablecoin liquidity for approved exits from tokenized real-world assets. BlackRock and Janus Henderson are
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
Prediction Markets Gain Room Under CFTC Letter
TL;DR: CFTC staff issued no-action relief for fully collateralized event contracts, easing selected swap data reporting and recordkeeping duties for regulated venues. The process covers DCMs,
USDT0 Links BTC to Tokenized Gold Swaps on BOB
USDT0 Blog said that, starting today, Bitcoin holders can swap BTC directly into tokenized gold through BOB Gateway. According to the announcement, the integration enables BTC-to-XAUt0
Safe Foundation and Velvet Seal Five-Year Token Swap
TL;DR: Safe Foundation and Velvet Capital entered a five-year token swap connecting Safe smart accounts with Velvet’s self-custodial DeFi trading, vault and portfolio infrastructure. The deal
Blockchain.com Launches Global Crypto-backed Loans
Blockchain.com announced the global launch of Crypto-Backed Loans, a lending product that lets crypto holders borrow against digital assets without selling them. According to the release,
UK Central Bank Signals Easing of Stablecoin Rules
TL;DR: The Bank of England is reviewing draft stablecoin rules after Sarah Breeden acknowledged the initial proposal may have been too conservative. Proposed caps would limit
Alchemy Chain Roadmap Targets Stablecoin Payments
Alchemy Pay said in its Alchemy Chain roadmap that the project is building a dual-compliant global stablecoin payment network. According to the company, Alchemy Chain is
Bitcoin Slides Below $79K After $81K Rejection
TL;DR: Bitcoin was rejected at $81,000, fell by more than $2,000 and slipped below $79,000, marking its weakest level in 10 days. Leveraged longs unwound as
Cardano Whale Wallets Expand ADA Holdings During Selloff
Cardano wallets holding at least 1M ADA now control 25.09B tokens. According to Santiment, these large wallets now hold 67.47% of ADA’s existing supply, even as
Hoskinson Blasts Clarity Act Shift Over Developer Risk
TL;DR: Charles Hoskinson attacked efforts to remove Section 604 from the Clarity Act, saying open-source developers could face unfair liability for third-party misuse. The National Fraternal
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