US credit card delinquencies hit highest level since 2011 at 13.1%
Rising credit card delinquencies signal worsening household financial health, potentially reducing consumer spending and impacting economic growth. The post US credit card delinquencies hit highest level since 2011 at 13.1% appeared first on Crypto Briefing....
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FTX recovery trust targets July 31 for next round of creditor payments
The extended timeline for creditor payments may impact stakeholders’ financial planning and trust in FTX’s restructuring process. The post FTX recovery trust targets July 31 for next round of creditor payments appeared first on Crypto Briefing....
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Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics
Warsh’s communication reforms may increase market volatility, as less frequent updates could amplify the impact of each Fed statement. The post Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics appeared first on Crypto Briefing....
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UK Targets HTX, Russia-Linked Crypto Firms Amid Crackdown On Sanction Evasion
UK authorities are ramping up their pressure on Russia with a fresh sanctions package targeting over a dozen individuals, crypto networks, and firms used to bypass the country’s sanctions. Russia-Linked Crypto Firms Hit With New Sanctions On Tuesday, the UK’s Foreign, Commonwealth & Development Office (FCDO) announced a new...
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QuickSwap proposes governance vote to shift perpetuals to Orbs Network
QuickSwap’s shift to Orbs Network could enhance its competitive edge in DeFi perpetuals, but it also introduces dependency risks. The post QuickSwap proposes governance vote to shift perpetuals to Orbs Network appeared first on Crypto Briefing....
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Bitwise HYPE ETF becomes world’s largest after $19M inflow, CEO says
Bitwise’s BHYP sees record $19M inflow as HYPE ETFs lead altcoin demand, outpacing Bitcoin and Ether by market-cap-adjusted demand today....
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Bitcoin Japan buys stake in Elon Musk’s SpaceX via secondary market
Bitcoin Japan’s investment in SpaceX highlights a strategic shift towards digital assets and AI, signaling broader tech sector integration. The post Bitcoin Japan buys stake in Elon Musk’s SpaceX via secondary market appeared first on Crypto Briefing....
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SoFi brings bank-issued stablecoin to 15 million users in crypto push
The fintech platform says its dollar-backed stablecoin will let members trade, transfer and eventually earn yield through its banking app....
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Bitcoin clings to $75,000 support as bear market signals resurface
Bitcoin hovered below Tom Lee’s $76,000 bull-market threshold while hyperliquid and monero bucked broader crypto weakness....
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6,000 Investors Lost Everything On A 1,001x Solana Meme Coin — South Korea Just Made Its Move
South Korean prosecutors have indicted five individuals in the country’s first-ever criminal prosecution of a decentralized exchange rug pull — and the first case in which fraudulent trading charges under South Korea’s Virtual Asset User Protection Act have been applied, setting a landmark legal precedent for how the country’s...
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