Crypto News

Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil's Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign currencies using stablecoins.The service allows users to convert Brazilian real to U.S. dollars or euros and settle transactions in minutes with stablecoins —a sharp departure from the traditional FX infrastructure, where settlement can take up to three days, according to the press release.Braza, which owns Brazil’s largest FX bank and processed $67 billion in transactions last year, launched its own real-pegged stablecoin BBRL on XRP Ledger earlier this year. Braza will mint BBRL tokens when a payment originates in Brazil. Conduit then swaps the BBRL for dollar- or euro-pegged stablecoins...

Bitcoin traded between $107,029 to $107,290 over the last hour on June 12, 2025, with a market capitalization of $2.13 trillion and a 24-hour trade volume reaching $34.26 billion. The intraday price range stretched from $107,029 to $110,269, signaling a volatile session marked by bearish undertones across short- and mid-term timeframes. Bitcoin The 1-hour chartSource link

Christopher Wong, a former FBI Supervisory Special Agent and a leading figure in the agency’s cryptocurrency investigations, has joined blockchain intelligence firm TRM Labs."Chris is not only one of the most talented and respected investigators in the world, he’s also an inspiring colleague who makes everyone around him better," Ari Redbord, global head of policy at TRM Labs, told CoinDesk. "He’s been a critical part of elite teams throughout his career, and now brings that same excellence to our mission at TRM." During his ten years with the FBI, Wong worked on some of the most high-stakes crypto crime cases to date. He co-led the investigation into the 2016 Bitfinex hack, which resulted in the largest crypto seizure in U.S....

Altcoins including DOGE, SOL and ADA outpaced Bitcoin’s losses Thursday morning, in what experts called a “routine” pullback.Source link

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