A joint effort by the Bank for International Settlements and the Bank of England has shown it can deliver near real-time data on stablecoins’ liabilities and the assets backing them. Dubbed Pyxtrial, the initiative could also extend to monitoring other tokenized products backed by real-world ...

The crypto market witnessed a revival late Tuesday evening, regaining some ground lost during the U.S.'s 4th of July celebrations. Bitcoin rose 5%, reaching as high as $59,300 before retracing slightly. The asset is trading at $59,000, CoinGecko data shows. Market participants continue to ...

The Chamber of Progress, a tech industry coalition, has called on President Joe Biden to support comprehensive crypto regulation, framing it as a crucial step in his administration's bid to engage young voters ahead of the upcoming U.S. presidential election. In a letter on Tuesday, the ...

The Mt. Gox bankruptcy estate has transferred billions of dollars worth of Bitcoin (BTC) to an unidentified wallet, further exacerbating concerns on declining crypto prices. Data from blockchain analytics firm Arkham Intelligence shows a cold storage wallet belonging to Mt. Gox has transferred ...

Punters on the decentralized blockchain betting site Polymarket have upped the odds President Joe Biden will drop out of the race before the U.S. presidential election in November. Traders now estimate a 46% chance Biden will withdraw his nomination, up from 19% on Thursday, following last ...