With a strong presale and a unique approach to tokenization, Rexas Finance could be a Solana competitor with 20x surge potential. #partnercontent...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Ethereum’s Final Pectra Test Goes Live Hyperliquid Eases Token Transfers for DeFi Celo Migration to Layer-2 Network Is Done Bitcoin DeFi Expansion Faces Fork Dilemma This article...

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Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to…...

GameStop Corp (NYSE:GME) shares are trading lower in Wednesday’s after-hours session after the company announced a proposed private offering. What Happened: After market close on Wednesday, GameStop said it intends to offer $1.3 billion worth of its 0.00% convertible senior notes due 2030 in a private offering to institutional...

U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version of the long-awaited stablecoin legislation currently moving through the Senate, arguing that stringent regulations are necessary to foster innovation and protect investors from bank runs like the...

Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.” On March 26, Hyperliquid, a blockchain network specializing in trading, said it delisted perpetual futures contracts for the JELLY...

President Donald Trump’s support for stablecoins may be less about blockchain innovation and more about financial engineering, according to Mateusz Kara, CEO of European crypto payments giant Ari10. The launch of USD1, a new dollar-pegged stablecoin backed by U.S. President…...

Wyoming state is making steps towards launching a stablecoin later this year, which could be the first fiat-backed and fully reserved token issued by a public entity in the U.S., state officials said at the DC Blockchain Summit on Wednesday. The Wyoming Stable Token (WYST) is currently being tested...

Just 24 hours after adding its name to the roster of companies pursuing a bitcoin (BTC) treasury strategy, GameStop (GME) — led by its CEO Ryan Cohen — is also adding its name to those firms issuing convertible debt to raise funds for BTC acquisition. The $1.3 billion of...