Crypto News
Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley...
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe LonsdaleSource link
Scammer Posed as Trump-Vance Official to Steal $250K in Crypto, DOJ Says
The FBI has traced some of the stolen crypto through blockchain analytics and recovered over $40,000 with help from Tether.Source link
A Major Currency Outpaces Bitcoin With More Possible Momentum Ahead: Macro Markets
Welcome to CoinDesk's weekly macro column, where analyst Omkar Godbole writes about his macro observations and analysis in the broader markets. The views expressed in this column aren't investment advice.A major currency pair, which is barely considered volatile, is now rivaling notoriously explosive bitcoin's price performance—unimaginable, right?Not anymore.In June, EUR/USD, the most liquid FX pair in the world, rose nearly 4% to 1.1786, outperforming bitcoin's (BTC) 2.4% gain. Remarkably, both assets are nearly neck and neck in year-to-date performance, each up over 13%.Some observers believe EUR/USD still has room to run higher, a positive sign for EUR-pegged stablecoins, which have already benefited from the single currency's surge."EUR/USD could face resistance probably in the 1.22/1.23 area," Marc Ostwald, chief economist and...
US and EU Talks Signal Acceleration Toward Global Crypto Policy Alignment
U.S. and EU regulators ramped up digital asset coordination, signaling alignment on crypto rules, stablecoins, and central bank digital currencies with global market-shaping implications. Joint US-EU Talks Highlight Urgency to Build Cohesive Crypto Infrastructure Cross-border crypto oversight gained stronger momentum as U.S. and EU regulators doubled down on cooperation over digital asset rules, stablecoins, andSource link
Ripple Boosts RLUSD Adoption With Embedded Finance and Payment Features
Ripple is scaling RLUSD-powered stablecoin payments globally, fusing blockchain precision with embedded fiat access to transform enterprise finance across high-impact markets. Ripple and Openpayd Join Forces to Power Global Stablecoin Payments Surging enterprise demand for seamless blockchain-to-banking integration is accelerating partnerships focused on compliant stablecoin solutions for high-volume global payments and treasury operations. Financial infrastructureSource link