Ethereum has pulled far ahead in the euro-denominated stablecoin race, and the numbers make the gap hard to ignore. According to data highlighted by the analytics account @tokenterminal, Ethereum now hosts $579.6 million worth of the Ethereum euro stablecoin supply, dwarfing rivals Solana and Base and reaffirming its position as the default settlement layer for
Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote on Friday at 10 a.m. ET. It is his first major set-piece speech since taking office in May, and one that has generated plenty of anticipation in the crypto community. “At 10:00 AM ET, Kevin Warsh gives his first-ever Jackson Hole speech. Huge volatility
An Abu Dhabi royal and his co-investors reportedly back the largest stake in the holding company behind World Liberty Financial’s proposed US trust bank. Citing people familiar with the matter, the Wall Street Journal reported that Sheikh Tahnoon bin Zayed Al Nahyan’s group is behind StringZ Holding RSC, which owns 49% of WLTC Holdings. An
HashKey Holdings reported HK$342.5 million in revenue for the first half of 2026, an increase of 20.6% from the same period a year earlier. Its unaudited interim results released on August 27 also show that the company’s non-IFRS adjusted loss narrowed 21% to HK$314.8 million. Trading services produced most revenue Transaction-facilitation revenue rose 38.6% to
Evernorth Holdings announced that the Securities and Exchange Commission (SEC) has made effective its registration statement, bringing the $XRP-focused firm one step closer to its Nasdaq listing as crypto assets come under even more scrutiny in the public investment markets. This development opens up another potential regulated option for people wanting to gain access to
On August 27, 2026, BitGo announced that it has acquired NYDIG’s institutional trading unit, which has enabled one of the largest regulated custodians within the crypto sector to gain a pre-existing derivatives and finance operation amid the ongoing trend of banks and funds consolidating their digital asset activities with fewer infrastructure partners. Following this acquisition,
Bitcoin traded around the $80,000 mark in Asian hours Friday after a nearly 2% gain over 24 hours and an overnight run to $81,280, with traders squaring up before Fed Chair Kevin Warsh’s first Jackson Hole keynote later in the day. Jackson Hole is the Kansas City Fed’s annual symposium in Wyoming, where the chair’s
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied to countries experiencing currency or banking crises. Wallets linked to countries experiencing some form of financial crisis were 1.8% more likely to receive dollar stablecoins during the week a crisis began, researchers Pablo Azar, Maryam Farboodi and
The Wall Street Journal reported that Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser, holds a 49% stake in the banking venture of World Liberty Financial ($WLFI), the crypto project associated with the Trump family. The report identifies Sheikh Tahnoon as a key backer and shareholder of the U.S. bank that $WLFI