MoneyGram Launches MGUSD Stablecoin on Stellar Network
MoneyGram has launched MGUSD, a US dollar-pegged stablecoin on the Stellar blockchain. The token is integrated into the MoneyGram app for cross-border payments and digital balances.
Hyperliquid Trader Grows $27,950 to Nearly $3 Million
A Hyperliquid trader increased a $27,950 deposit to nearly $3 million through leveraged long positions on tokenized stock perpetuals, mainly Micron and Intel.
OpenPayd Plans $1.145B Nasdaq Listing via SPAC Merger
OpenPayd plans to go public on Nasdaq through a $1.145 billion merger with Titan Acquisition Corp. The company aims to expand its stablecoin and fiat payment infrastructure.
EU Crypto Tax Plan Targets $23 Billion as Circle Questions Assumptions
The European Commission has outlined crypto tax options that could raise up to $23 billion by 2034. Circle’s EU policy lead warns that user behavior and data gaps may affect projections.
MicroStrategy Reverses BTC Transfer as BitMine Expands ETH Holdings
MicroStrategy withdrew 411.5 BTC from Coinbase Prime after a brief deposit, easing sale concerns. BitMine Immersion Technologies bought 25,000 ETH the same day.
JPMorgan CEO Opposes CLARITY Act Over Stablecoin Rules
JPMorgan CEO Jamie Dimon said US banks will not accept the current CLARITY Act draft. He criticized provisions allowing stablecoin rewards without bank-level regulation.
US Seizes $1 Billion in Iranian Crypto Assets Under Sanctions
US authorities have seized a cumulative $1 billion in Iranian cryptocurrency under Operation Economic Fury. The campaign focuses on stablecoin based sanctions evasion networks.
Polymarket Tightens VPN Controls and Expands KYC Requests
Polymarket is encouraging identity verification and blocking VPN access in restricted jurisdictions. High value trading activity can trigger KYC checks under internal thresholds.
Bybit Warns on HTX Transfers After UK Sanctions Move
Bybit has warned that HTX-linked transfers may face additional compliance checks following UK sanctions on Huobi Global S.A. Experts point to potential USDT freeze risks.
Echo Protocol Incident Results in $816,000 Loss After Admin Key Compromise
Echo Protocol confirmed a compromised admin key allowed minting of 1,000 fake eBTC on Monad. About $816,000 in real value was ultimately extracted.