Crypto majors took another hit. BTC lost $90K — down 2% to $89,900. ETH dropped 3% to $3,100. SOL fell 3% to $134. XRP took the worst hit, down 7% to $2.08.
LIT, WLFI, and XMR were the only green shoots, each up 3%.
ZEC cratered 19%. The developer team resigned after a dispute with the board. They say they’ll form a new company and keep going. Unclear how that shakes out.
JPMorgan plans to launch its JPM Coin on the Canton Network. Barclays invested in Ubyx, a US stablecoin settlement startup — infrastructure for regulated institutions to move digital money across issuers and wallets.
The Senate Banking Committee is under pressure ahead of a key vote on crypto market structure legislation next week.
Wyoming launched its first state-issued stablecoin, the Frontier Stable Token. It’s available to the public now.
World Liberty Financial’s subsidiary applied for a national trust bank charter. They want to issue and custody their USD1 stablecoin under federal regulation.
Starknet suffered a multi-hour outage because of a block production bug. The network paused and rolled back before resuming.
