Author: John Smith
Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Summary Dollar-linked tokens account for about 98% of the global stablecoin market. USDT and USDC held nearly $150 billion in Treasury bills at the end of 2025. The two issuers bought about $33 billion in Treasury bills during the year. Large redemptions could force reserve sales and add pressure to stressed Treasury markets. Stablecoins could extend the dollar into new markets The Bank of…
In a significant development, North Korea has broadened its long-running remote work infiltration scheme by enlisting freelancers from countries such as Iran and Lebanon to help its operatives sneak into US companies, according to a Friday report from NBC. The tactic is aimed at generating revenue for Pyongyang’s weapons development programs. A joint advisory released in July by the US government and partner agencies described how North Korean IT workers pursue employment contracts specifically to funnel their earnings back to state agencies at home. The advisory also warned that these workers create serious security risks once embedded inside companies, engaging…
An Ethereum MEV bot known as Yoink has front-run an attempted Safe wallet exploit involving 2,900 rsETH, worth about $7.8 million, and paid nearly 19 ETH to secure the first position in the block. Summary Yoink received 2,900 rsETH before the original exploit transaction reverted in the same Ethereum block. The bot transferred 2,882.37 rsETH to a separate address and routed 17.63 rsETH through Uniswap v4. BlockSec traced the exploit to weak authorization checks in an executor contract linked to a Safe module. Blockaid said a public keeper multicall let the attacker route funds through a malicious hook pool. Yoink…
Chainlink price traded near $11.41 after failing to hold its latest rebound, while weak momentum and liquidity below $11.20 raised the risk of another decline. Summary Chainlink price remained below the $11.72 resistance after retreating from its September peak near $13.60. Daily Aroon readings showed fading upward momentum, with Aroon Up falling to 7.14%. 4-hour Bollinger Bands placed immediate support near $11.20 and resistance around $11.68. Liquidation clusters near $11.00 could draw the price lower if the current support range fails. Chainlink price remains under pressure Chainlink (LINK) price was trading around $11.41 at the time of writing, down 0.91%…
Ethereum price fell toward $2,475 after a brief move above $2,600 failed, leaving ETH exposed to weaker momentum and leveraged volatility ahead of two major U.S. events. Summary Ethereum price reversed from above $2,600 and fell about 2% toward $2,475. 4-hour Bollinger Bands place immediate support near $2,469 and resistance near $2,550. Daily MACD has turned bearish, while an ADX reading of 17.73 signals weak trend strength. The Federal Reserve decision and CLARITY Act vote could keep volatility elevated. Ethereum price falls back below $2,500 According to data from crypto.news, Ethereum (ETH) price traded near $2,475 on Sept. 15 after…
Poland has been drawn into a $378 million criminal case over failed Venezuelan oil contracts after new reporting traced part of a $230 million payment through USDT. Summary Poland’s Orlen faces a $378 million criminal case over three failed Venezuelan crude oil contracts. OTS sent $330 million through Dubai intermediaries while contracted Venezuelan crude largely never arrived thereafter. Financial Times reporting says much of Hannon’s $230 million payment was converted into USDT afterward. Three former Orlen managers were indicted in August and could face 25 years imprisonment each. Former OTS chief Samer remains subject to Poland’s extradition request from the…
Aave has recorded $27.4 billion in average total value locked during August as active loans climbed to $11.7 billion and its share of tracked on-chain lending reached 47.8%. Summary Aave’s August TVL rose 13.7% monthly to $27.4 billion, while active loans reached $11.7 billion. Aave held 47.8% of tracked lending loans, extending its market-share recovery for a second month. V4 TVL averaged $442.3 million, rising 53.4%, while active loans increased 62.9% during August overall. GHO market capitalization reached $661.6 million, its fourteenth consecutive monthly increase and record average level. Monthly active users fell 3.8% to 68,900, extending declines for a…
The Bank of Russia has identified cryptocurrency use as a financial market risk, warning that stablecoins and other digital assets could increasingly be used by Russians as substitutes for the national currency. Summary Bank of Russia has warned that stablecoins and other digital assets could increasingly be used as substitutes for the ruble. The regulator said crypto investments carry a risk of complete losses and raised concerns over anonymous and decentralized transactions. Unlicensed crypto operators could face criminal liability, while regulated firms that break market rules could face administrative penalties. Rosfinmonitoring has gained authority to oversee crypto transactions, while clients…
Nigel Farage’s right wing Reform UK party has pulled in a combined £72 million ($97 million) from two wealthy figures in the crypto world, after Christopher Harborne matched an earlier record breaking gift from Ben Delo. Harborne confirmed his £36 million contribution on Saturday, a day after Delo went public with his own donation of the same amount. Combined, the two gifts now stand as the largest political donations ever recorded in British history. This is not Harborne’s first contribution to the party either, having already handed over £9 million back in August 2025. The donations arrive against the backdrop…
Bitcoin price has risen about 3% to $79,143 after touching $79,325, even as conflicting U.S. and Iranian statements have kept the path toward a possible agreement unclear. Summary Bitcoin price climbed from a daily low of $76,388 to an intraday high of $79,325. Trump said Iran wanted an agreement, but Iranian state media rejected his claim. The strongest nearby liquidation cluster sits around $79,900 to $80,000. Oil above $100 and the Federal Reserve decision remain key risks for U.S. investors. Trump’s comments have supported the Bitcoin price rebound Bitcoin’s recovery unfolded as U.S. President Donald Trump suggested Iran wanted to…
