In part, this reflects the broader crypto boom—but stablecoins are increasingly used for real-world purposes, too. Migrants send remittances with them, replacing a correspondent-banking system beset by high fees and delays.
Big Day for Crypto Goes South in a Hurry After a Giant Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
Woman Accused Of Stealing $800K Worth Of Trump Crypto Token From Ex
The woman is in ICE custody, but a private investigator on the case worries she'll still have access to her ex's crypto if she's deported.
Ripple Price Prediction: Will XRP 10X After Bank of Japan Adoption of Ripple?
XRP’s path to a 10x surge depends on Japan’s adoption, with 80% of its banks expected to integrate Ripple’s technology by the end of 2025.
Trump’s Crypto Love Affair Is Blossoming as Musk’s DOGE Reins In Regulators
Lawsuits are being dropped in the friendlier regulatory environment, while officials investigating Musk’s companies are getting DOGE’d.
‘It Begins’—Bitcoin And Crypto Brace For $80 Trillion U.S. Price Bombshell
Saylor predicted Trump and U.S. lawmakers could buy between 4 million and 6 million bitcoin in as little as 12 months, claiming it would deliver benefits of “$50 trillion to $80 trillion” for U.S.
Security News This Week: $1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.
Exclusive: Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
Weekly crypto recap: $1.4B Bybit hack, Solana memecoin drama, and Microstrategy’s plan to raise $2B
Bybit suffers a record $1.4B hack, Bitcoin plunges, and fears of contagion grow. Meanwhile, Trump boosts XRP sentiment, Brazil approves the first spot XRP ETF, and MicroStrategy plans a $2B Bitcoin ...
Pig butchering scams surge 40% as crypto sanctions evasion hits $15.8 billion
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.
‘Demolish the Ministry of Finance!’ protest erupts in Tokyo, angry attendees say ‘we are not your ATM’
Angry residents of Japan fed up with the country’s monetary recklessness gathered outside the Ministry of Finance in Tokyo on Friday evening. Shouting “dismantle the finance ministry!” attendees ...
Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply
Japan's first and only publicly listed Bitcoin (BTC) treasury company now owns one in every 10,000 of the king coin’s capped supply.
Bybit crypto exchange hit with record $1.4 billion Ethereum hack
The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of ethereum and staked ether.
Crypto party: The SEC dropping a major lawsuit could open the floodgates for more deregulation
"This is not about how the litigation was going, this is about the Trump administration not wanting to go after crypto," a source told BI.
Crypto stocks plunge despite SEC dropping suit against Coinbase
CNBC's MacKenzie Sigalos joins 'Closing Bell' to report on the sell-off in the crypto market and fintech stocks.