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News
Can the 21-bank stablecoin rival USDT and USDC?
19+ min ago (1557+ words) A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the…...
Robinhood Chain suffers 14-minute network outage
3+ hour, 1+ min ago (1124+ words) Robinhood Chain has stopped producing blocks for more than 14 minutes, preventing the Ethereum layer-2 network from confirming token transfers and smart contract transactions. Robinhood Chain block explorer data showed that the network stopped adding blocks at around 12:57 p.m. UTC on Sept....
Pendle launches on Robinhood Chain with sNET market
3+ hour, 34+ min ago (1338+ words) Pendle has launched its first yield-trading market on Robinhood Chain, giving sNET holders access to fixed and variable yield positions until the market matures on Sept. 17, 2026. Pendle said in a Sep. 4 announcement that its protocol is now live on Robinhood…...
Polygon co-founder launches Nepal crypto relief drive
3+ hour, 52+ min ago (1115+ words) Polygon co-founder Sandeep Nailwal has launched a stablecoin donation channel for Nepal’s official disaster fund, with Blockchain for Impact pledging $100,000 to the campaign. Sandeep Nailwal said in a Sep. 4 X post that he had opened a cryptocurrency donation route for…...
Bitcoin price stalls near $82K as key resistance holds
6+ hour, 36+ min ago (1060+ words) Bitcoin price pulled back after briefly breaking above $82,000 on Sept. 4, as traders took profits following a short squeeze driven by softer Federal Reserve expectations and renewed demand for US spot Bitcoin ETFs. According to data from crypto.news, Bitcoin (BTC)…...
Ethereum price retests $2,550 as RSI nears 67
7+ hour, 36+ min ago (1069+ words) Ethereum price rebounded nearly 6% from its 24-hour low to trade near $2,524 on Sept. 4, but the recovery has brought ETH back to a resistance zone that has rejected several breakout attempts. According to data from crypto.news, Ethereum (ETH) price was…...
FinCEN flags $12.7B tied to Southeast Asia crypto investment scams
7+ hour, 58+ min ago (1193+ words) The U.S. Treasury’s Financial Crimes Enforcement Network has linked approximately $12.7 billion in suspicious financial activity to digital asset investment scams largely run from overseas scam compounds, based on nearly 34,000 reports filed over more than two years. The Financial Crimes Enforcement Network…...
U.S. Bitcoin ETFs draw $731 million in biggest inflow since January
10+ hour, 9+ min ago (1018+ words) U.S. spot Bitcoin ETFs have recorded $730.9 million in net inflows in their strongest single trading session since mid-January, led by more than $450 million entering BlackRock’s iShares Bitcoin Trust. According to SoSoValue data for Sept. 3, the group posted its largest daily inflow…...
Bitcoin wallet in $293B lawsuit moves $3.1M in BTC
10+ hour, 22+ min ago (919+ words) A Bitcoin address named in a New York lawsuit involving 39,069 allegedly abandoned addresses transferred 40 BTC on Sept. 3 after remaining inactive since Nov. 5, 2011. The transaction was confirmed in Bitcoin block 965,330. Galaxy Research valued the transfer at approximately $3.1 million and identified the…...
XMR to BTC: How to Move Monero Back Into Bitcoin
11+ hour, 14+ min ago (698+ words) Most coverage of Monero focuses on getting into it. The reverse direction gets less attention and is arguably more practical, because at some point most holders want to convert privacy assets back into something more liquid. Moving XMR back into…...