Grosscrypto News

Bank of Italy finds no consistent cost advantage for stablecoin remittances

Bank of Italy finds no consistent cost advantage for stablecoin remittances - Latest Cryptocurrency News

Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.

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Pump.fun laid off workers before they received millions in PUMP tokens: Report

Pump.fun laid off workers before they received millions in PUMP tokens: Report - Latest Cryptocurrency News

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly.

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Ex-FTX users report funds being released in $900M distribution round

Ex-FTX users report funds being released in $900M distribution round - Latest Cryptocurrency News

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.

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Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether earns $1.5B in Q2 as US Treasury holdings fuel profits - Latest Cryptocurrency News

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.

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Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral

Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral - Latest Cryptocurrency News

Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products.

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US Treasury yields rise as TIPS challenge the inflation narrative

US Treasury yields rise as TIPS challenge the inflation narrative - Latest Cryptocurrency News

TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin.

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Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound

Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound - Latest Cryptocurrency News

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia.

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ECB says digital euro app will exceed EU accessibility standards

ECB says digital euro app will exceed EU accessibility standards - Latest Cryptocurrency News

The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services.

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AMLBot launches AI Tracer for self-service blockchain investigations

AMLBot launches AI Tracer for self-service blockchain investigations - Latest Cryptocurrency News

Crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are stolen.

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Circle receives New York trust charter for subsidiary

Circle receives New York trust charter for subsidiary - Latest Cryptocurrency News

The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law.

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