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Amid struggles in its EV business, cash-starved Faraday Future is pivoting to crypto and AI. Summary Faraday Future is pivoting to crypto and embodied AI The firm hopes its crypto

The United States Department of the Treasury is seeking public feedback on innovative methods and tools for detecting illicit activity in the digital assets industry. Summary U.S. Treasury has asked

XRP price is maintaining its potential for another leg higher toward $3.60 and possibly $4.19, supported by a robust market structure and rising demand. Summary $2.80 remains the critical high

BitMine Immersion accelerated its Ethereum accumulation, adding 373,000 ETH in seven days. The corporate treasury now stands at $6.6 billion, positioning the firm as the world’s largest ETH holder and

Efforts to launch a won-denominated stablecoin in South Korea are gaining traction as financial regulators prepare to publish a detailed proposal for the assets. Summary The Financial Services Commission (FSC)

Mainland China’s crypto freeze hasn’t stopped its financial giants from wading in where regulators allow. CMB International Securities, a subsidiary of the $1.7 trillion China Merchants Bank, has launched a

Stablecoins still account for 90% of all RWAs, but other segments are growing quickly. Summary RWA assets, excluding stablecoins, doubled on a yearly basis Private credit and tokenized treasuries are

Avalanche network activity continues to show robust growth despite the native token hitting a snag and slipping from highs above $25 as a pullback across the crypto market engulfed most

Trading volume in Bio Protocol crypto rose 720% after a week of significant announcements. Summary Bio Protocol crypto is up 25% daily, reaching $211 million in market cap The protocol

U.S. stocks opened the week on a muted note as momentum from the recent market rally appeared to pause ahead of the Federal Reserve’s Jackson Hole symposium. Summary Stocks opened