1d ago
India to Launch Rupee-Backed ARC Stablecoin with Polygon Labs and Anq in Q1 2026
India is developing the Asset Reserve Certificate (ARC), a rupee-pegged stablecoin, in partnership with Polygon Labs and Bengaluru-based fintech Anq for launch in Q1 2026. The stablecoin will be fully collateralized with cash, government securities, or fixed deposits and will operate alongside the Reserve Bank of India's central bank digital currency. Issuance will be restricted to business accounts under Liberalised Remittance Scheme rules, with transactions limited to whitelisted addresses.
POL
POL-2.66%
1d ago
11-15
Hyperliquid absorbs $5M loss from POPCAT market manipulation, HYPE trades under pressure
Hyperliquid's liquidity provider system absorbed approximately $5 million in losses following coordinated POPCAT token manipulation on November 12. The attack involved leveraged positions across multiple wallets that artificially inflated prices before triggering mass liquidations. HYPE token currently trades at $38.09, below key moving averages, while futures Open Interest has declined to $1.56 billion.
11-15
11-6
Official Trump Coin Surges 11.8% After President Declares US Bitcoin Superpower Goal
The Official Trump coin jumped 11.8% to $7.88 after President Donald Trump announced plans to make the United States the Bitcoin superpower and crypto capital of the world. The token outperformed the broader crypto market, which fell 1.3%, with daily trading volume surpassing $1 billion on major exchanges. Technical analysts identified a breakout from a falling wedge pattern, while on-chain data showed whale wallets accumulated $91 million in net inflows over three days.
11-6
10-31
Revolut Launches Zero-Fee 1:1 USD-to-Stablecoin Swaps for 65 Million Users
Revolut has introduced a zero-fee stablecoin conversion service allowing its 65 million users to exchange US dollars for USDT or USDC at exact 1:1 parity. The platform supports six blockchain networks including Ethereum and Solana, with conversion limits of up to $578,000 per rolling 30-day period. Revolut's crypto division generated £506 million in revenue during 2024, marking a 298% year-over-year increase.
10-31