Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach....
Coins in this story
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says
Western Union is launching USDPT, a U.S. dollar stablecoin on Solana, next month to bypass SWIFT for real-time global settlement with agents. The firm also plans a Digital Asset Network for crypto-to-fiat conversions and a Stable Card for stablecoin spending. This move positions Western Union against fintech rivals in cross-border payments, addressing inflation concerns in emerging markets including India.
Israeli regulators approve shekel-pegged stablecoin
The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain....
Elon Musk’s Fight With Colorado Over AI Law Hits Pause as State Considers Revisions
Elon Musk's legal challenge to Colorado's AI regulation has paused as the state considers revisions. The dispute centered on whether crypto-related AI governance requirements unduly burden innovation. Market-wide crypto prices declined slightly, with Bitcoin down 1.67% and Ethereum off 2.91%. The pause signals potential compromise, though regulatory clarity remains uncertain for Indian investors monitoring global crypto policy developments.