David Ripley argues consumers should have freedom to earn yield outside the traditional banking system as tensions grow between crypto and finance leaders Kraken co-CEO David Ripley has pushed back against the American Bankers Association (ABA) after one of its senior executives criticized stablecoin yields as a potential “detriment” to banks’ ability to serve their communities. During the ABA’s annual convention, senior vice president Brooke Ybarra argued that allowing crypto platforms like Kraken or Coinbase to offer yield on payment stablecoins would contradict their purpose as transactional tools rather than investment products. But Ripley dismissed that logic, saying the concern…
Author: Blockto Team
FIL shows a short-term rebound near $1.56 after steep declines, with traders watching for confirmation above the $1.70 zone to signal possible recovery momentum. Filecoin (FIL) experienced a 4% intraday price spike, rebounding from recent lows near $1.50 after weeks of heavy selling pressure. The move comes as buyers cautiously re-enter the market following an extended downtrend, though sentiment remains mixed amid broader market uncertainty. The daily chart reveals FILUSDT attempting to stabilize after a dramatic correction that erased over 50% of its value in October. Price action shows the token trying to recover from a critical support area between…
Hong Kong, India, and Australia curb listings of digital asset treasuries as regulators raise shell company concerns; Japan remains a rare exception Asia’s leading stock exchanges are stepping up restrictions on digital asset treasuries (DATs) — publicly listed firms that hold large crypto reserves — amid mounting regulatory unease over their structure and transparency. According to industry insiders, Hong Kong Exchanges & Clearing Ltd. (HKEX) has rejected multiple applications from companies seeking to rebrand as crypto treasuries. Regulators cited existing policies against “cash companies,” defined as entities that derive value primarily from liquid assets like cryptocurrencies rather than from operational…
Integration of Iron Fish’s zero-knowledge tech aims to boost privacy—though not absolute anonymity Coinbase CEO Brian Armstrong announced that his team is preparing to introduce private stablecoin transactions on Base, the company’s Ethereum layer-2 network — a move he says will mark a “major step” for privacy on public blockchains. While the development could enhance privacy for everyday users and institutions seeking confidentiality in on-chain payments, it has also raised questions about how private these transactions will actually be. Iron Fish’s “Selective Privacy” Model According to Iron Fish’s documentation, the platform employs zero-knowledge proofs (ZK-proofs) to obscure transaction details such…
Growing confidence and clearer rules drive mainstream adoption, led by the U.S. and emerging markets Retail participation in cryptocurrency markets has surged dramatically over the past two years, with global retail crypto transactions rising by more than 125% between January and September 2025, according to a new TRM Labs Crypto Adoption and Stablecoin Usage Report. The findings highlight how regulatory clarity and institutional participation are fueling a new wave of practical crypto use cases — from payments and remittances to preserving value amid inflation and capital restrictions. “The U.S. market’s two consecutive years of double-digit expansion reflect not just enthusiasm,…
MetaMask, Phantom, and SEAL launch real-time “decentralized immune system” to fight crypto drainers In response to a surge in crypto phishing attacks that drained over $400 million from users in the first half of 2025, MetaMask, Phantom, WalletConnect, and Backpack have joined forces with the Security Alliance (SEAL) to launch a new global phishing defense network aimed at protecting users across the digital asset ecosystem. Phishing Becomes Crypto’s Top Threat Phishing scams and crypto “drainers” have become the most common form of crypto theft, according to data from blockchain security firm CertiK, accounting for the majority of security incidents in…
A 2018 Binance charity pledge meant for cancer patients has reignited controversy in Malta, with government leaders split over whether rejecting the crypto gift was an act of integrity or a costly mistake. Malta Finance Minister Defends Charity’s Rejection of Binance Donation Malta’s Finance Minister Clyde Caruana has backed the Malta Community Chest Fund’s decision to reject a 30,644 BNB donation from Binance Charity, citing reputational risks associated with the crypto exchange. Caruana told the Times of Malta that the refusal, though financially painful, was the right decision: “You either give to charity or you don’t — don’t dance around…
The layer-1 blockchain’s founding team is ceasing all business and network maintenance, marking one of the most dramatic collapses in the current bear market. Kadena Calls It Quits After Eight Years The Kadena blockchain, once touted as a high-throughput “blockchain for business,” has announced an immediate shutdown of its operations due to what it called adverse “market conditions.” The news sent the project’s native token, KDA, plunging by 60% within 90 minutes on Tuesday, wiping out millions in market value and sparking panic among holders. Kadena expressed gratitude to its community but admitted it could no longer promote or support…
BTC regains momentum after touching major demand levels, signaling renewed bullish interest near the $104K–$106K range. Bitcoin (BTC) has bounced strongly back to $107,000, recovering from recent lows as buyers stepped in near the critical support zone around $104K. The move marks a sharp shift in short-term sentiment, with technical indicators now suggesting a potential recovery phase after weeks of sideways trading. The daily chart shows Bitcoin reclaiming ground after testing its green demand zone, a level that has repeatedly acted as a strong foundation since early summer. Price action indicates that buyers are actively defending this range, while the…
The world’s largest stablecoin now touches 6.25% of the global population, empowering unbanked users and small businesses worldwide. Tether Hits a Historic Milestone Tether (USDT), the world’s leading US dollar-pegged stablecoin, has surpassed 500 million users, marking a new high point in global crypto adoption. CEO Paolo Ardoino hailed the achievement on X (formerly Twitter) as “likely the biggest financial inclusion achievement in history.” Unlike conventional banking, Tether enables anyone with a mobile device and internet access to send, store, and receive digital dollars securely — no bank account required. The company said the 500 million figure represents individual users,…