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The governance token of a high-profile stablecoin protocol backed by a Tether co-founder has collapsed more than 80% from its peak, triggering insider trading allegations and raising uncomfortable questions about coordinated sell-offs that netted millions in profits for mysterious wallet addresses.

China's financial regulators have ordered the country's largest technology companies to abandon plans to launch stablecoins in Hong Kong, dealing a significant blow to the city's ambitions to become a global digital asset hub and underscoring Beijing's determination to maintain absolute control over

Japan is preparing for a landmark transformation in cryptocurrency regulation, with the Financial Services Agency set to permit domestic banks to acquire and hold digital assets including Bitcoin for the first time — a move that could position the world's third-largest economy as a global leader in

Ethereum has surged back above the psychologically significant $4,000 level, reigniting bullish sentiment across the cryptocurrency market as technical analysts identify formation patterns that historically precede major price rallies. The world's second-largest cryptocurrency by market capitalizati

The cryptocurrency market posted modest gains over the weekend following a week of declines, with total market capitalization rising 1.1% in 24 hours. Large investors moved aggressively across derivatives and spot markets, deploying hundreds of millions in leveraged bets and accumulating digital ass