KuCoin Integrates FUSD Into RCMS With FinChain
KuCoin said August 31 that it partnered with FinChain to integrate yield-bearing FUSD into its RWA Collateral Mirroring Solution, or RCMS. The setup lets eligible institutional
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Solana’s Avici Faces Ongoing Exploit With More Than $1 Million Stolen
More than $1 million in user funds was drained from the Solana-based crypto card platform, Avici, following a security exploit on Friday. The attacker stole more
Circle Brings USDC, EURC and CCTP to Plasma’s Stablecoin-Focused Network
Circle announced the deployment of its native stablecoins, USDC and EURC, along with its Cross-Chain Transfer Protocol (CCTP) and Bridge Kit tool, on the Layer 1
UK Police Seize £1M in Crypto Assets Tied to Darknet Markets
Avon and Somerset Police said August 27 that its Financial Investigation Unit seized cryptocurrency and cash worth £1,032,487.86 under the Proceeds of Crime Act. The forfeited
Strategy’s 6,948 BTC Sales Weighed on Bitcoin Sentiment, Bitfinex Says
The two-week pause in Strategy’s Bitcoin sales removed a key headwind in market sentiment after offloading 6,948 BTC between May and August, according to a report
IREN Stock Drops as AI Data Center Conversion Costs Surge
IREN Limited (NASDAQ: IREN) mining company shares fell between 6% and 8% after reporting a net loss of $684 million in its fiscal Q4. The company
Polish Olympic Committee Head Hit With Serious Zondacrypto Charges
The president of the Polish Olympic Committee, Radosław Piesiewicz, was detained and formally charged as part of the investigation into Zondacrypto, the Polish cryptocurrency exchange that collapsed amid a liquidity crisis. Poland’s Minister
Stripe and Advent Walk Away From a Massive $53B PayPal Deal
Stripe and Advent International abandoned their approximately $53 billion bid to acquire PayPal, which would have been the largest acquisition in fintech history.
Solana Launches First Feature Gate and Unlocks Powerful 90% Storage Cut
Solana activated the first of five feature gates that will reduce on-chain storage costs by 90% for token accounts, as confirmed by the Solana Foundation.
Bullish Commits $100M to Advance USD.AI GPU‑Backed Lending
Bullish, the crypto platform and parent company of CoinDesk, extended a $100 million credit line to USD.AI to finance loans backed by graphics processing units (GPUs) and other high-performance computing assets
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