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DeFi’s $10B bank run contrasts with $1B monthly retail flows – deposit fragility overlooked

Blair Connolly2 months ago7 min read

DeFi bank run exposes fragile deposits after $292M exploit A $292 million exploit at KelpDAO late Saturday triggered roughly $10 billion in withdrawals across DeFi and…

Minnesota banks quietly seek custody as retail’s self-storage share falls

Leo Nomist2 months ago7 min read

Minnesota Banks Win Crypto Custody Powers as Self-Storage Falls Minnesota has moved to let state-chartered banks and credit unions offer cryptocurrency custody services starting Aug. 1,…

Euro stablecoin project Qivalis adds 25 banks ahead of launch

Ethan Glober2 months ago6 min read

Qivalis adds 25 banks to euro stablecoin project Qivalis, the Amsterdam-based euro stablecoin consortium, said on Wednesday it had added 25 new banks, lifting total membership…

Bank stablecoin pivot to repo nets 40% yield as DeFi TVL stagnates

Gapster Innes2 months ago7 min read

Stablecoin yield battle shifts as banks push repo-backed models Banks are moving deeper into the stablecoin yield fight as a growing number of firms and policymakers…

Fed minutes loom while Meta stablecoin deadline passes – regulatory divergence pressures $235M bank crypto allocations

Daniel Lycon2 months ago7 min read

Fed minutes loom as U.S. crypto policy splits widen U.S. crypto markets are heading into a busy policy stretch this week as the Federal Reserve’s latest…

France’s central banker clashes on digital euro plans yet EU crypto transaction fees rise – signals competing visions driving on-chain activity

Ethan Glober2 months ago7 min read

Digital euro debate sharpens as EU stablecoin push grows France’s central bank and its political allies are pressing ahead with the digital euro, even as Europe’s…

Bank of Japan signals rate hike yet Bitcoin OI holds steady – hints at decoupling from traditional monetary policy fears

Nathan Coben2 months ago6 min read

BOJ Signals June Rate Hike as Bitcoin OI Remains Steady The Bank of Japan indicated a potential benchmark rate hike at its June 16 meeting, citing…

Deutsche Bank and Nasdaq back Elliptic in $120M round while exchange balances remain flat – suggests infrastructure buildout over speculative capital

Cora Skindell2 months ago9 min read

Title Deutsche Bank, Nasdaq Back Elliptic in $120M On-Chain Analytics Push Lead Deutsche Bank and Nasdaq have joined a $120 million Series D funding round for…

Binance reports EM users treat crypto like banking apps, yet spot volume lags – reflects adoption gap

Bitro Conwell2 months ago5 min read

Binance: 77% Emerging Market Users Treat Exchanges as Banking Apps Emerging market users now represent 77% of Binance’s user base, up from 49% in 2020, as…

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Bank - Page 2 of 182 - Lolacoin