Author: Kryptonews

Fidelity announced the launch of a stablecoin on the Ethereum mainnet, positioning the token as a compliance-wrapped settlement dollar distributed through the firm’s brokerage, custody, and wealth management channels.The move lands amid what looks like a stablecoin sprawl, as estimates suggest 59 new major stablecoins launched in 2025 alone, per third-party tracker Stablewatch.This looks like overcrowding, but it’s segmentation. Stablecoins that all say “$1” aren’t interchangeable once distribution, compliance perimeter, redemption rails, permitted users, chain portability, and treasury strategy are priced in.Fidelity’s FIDD digital dollarFidelity’s token, the Fidelity Digital Dollar (FIDD), is issued by Fidelity Digital Assets, National Association, a…

Founders Fund and Galaxy Ventures-backed Bitcoin zero-knowledge rollup (ZK-rollup) Citrea launched its mainnet on Tuesday with BTC collateral lending, BTC-structured products and a new US dollar stablecoin, ctUSD. The launch is aimed at turning what Citrea calls “economically idle” Bitcoin (BTC) into base collateral for decentralized finance (DeFi) and payments, while anchoring more of that activity to Bitcoin’s base layer.The team expects active DeFi liquidity to reach $50 million in the first few weeks, with BTC lending, BTC-structured products, and decentralized trading already live from day one.The mainnet debut immediately dropped Citrea into a familiar Bitcoin argument: What should scarce BTC…

Opinion by: Joshua Sum, head of product at Solayer LabsConsider a single, borderless financial market operating around the clock, where a farmer in Nebraska can instantly hedge wheat futures. At the same time, a pension fund in Tokyo trades Tesla shares seamlessly, all without permission, intermediaries or geographic constraints. This isn’t science fiction.It’s the logical endpoint of blockchain technology and asset tokenization, a vision that has captivated everyone from JPMorgan executives to Silicon Valley dreamers.Yet this remains a distant future. Not because we lack ideas, but because we’re trying to build it on a foundation — today’s blockchain infrastructure — that…

Two objects unearthed at an archeological site in southern Greece are the oldest wooden tools yet found, according to a paper published on Monday in the Proceedings of the National Academy of Sciences (PNAS). The objects came from the site Marathousa 1, once a lakeshore during the Middle Pleistocene. Other discoveries at the site, including stone tools and animal bones, go back 430,000 years, giving a probable date for the new finds. The artifacts include a 2.5-foot-long stick likely employed for digging and a handheld piece of poplar or maple that might have been used to shape stone implements. They…

Bitcoin’s (BTC) pre-FOMC rally on Wednesday stalled at $90,000 amid stiff overhead resistance and weak ETF demand. Still, several data points suggested that upward momentum may increase once the BTC/USD pair breaks above $93,000.Key takeaways:BTC bulls must flip the $90,000-$93,000 into new support.Spot ETF outflows are stabilizing, suggesting a reduction in institutional sell pressure.Bitcoin price must reclaim $93,000 as supportThe BTC/USD dropped into a new range between $86,000 and $90,000, where it has been stuck since Jan. 20.“Bitcoin is back to retesting $86,000-$87,000 range,” co-founder of Crypto India Aditya Singh said in a recent post on X, adding that the…

Key NotesThe UAE central bank has approved USDU.USDU is the country’s first fully regulated, dollar-backed stablecoin.USDU is issued by Universal Digital and backed 1:1 by US dollars held at Emirates NBD and Mashreq. The Central Bank of the United Arab Emirates has approved USDU, the country’s first USD-backed stablecoin. The approval came on Thursday under the Payment Token Services Regulation. Notably, the stablecoin is backed one-to-one by the US dollar and operates under direct central bank oversight. This is the first time a dollar-denominated stablecoin has received formal approval from the UAE central bank. The token is now part of…

Crypto payments firm BCB Group has appointed Tim Renew as its new CEO, naming the former deputy CEO to lead the institutional digital asset infrastructure provider through its next phase of growth.Co-founder Oliver Tonkin will move into the role of president, where he will continue to focus on strategy, culture and long-term development, the London-based company said Thursday. “With the recent grant of our Canadian licence to add to our multiple licenses in Tier 1 jurisdictions and another major region to follow this year, we’re taking a meaningful step toward becoming a truly global platform,” Renew said in emailed comments.”“We’re…

Vitalik’s simple multisig check revives the “walkaway test,” exposing fragile Ethereum wallet UX just as spot ETH ETFs deepen flows and raise the cost of bad design. Summary Vitalik Buterin used Etherscan’s “read contract” to inspect his multisig from a phone without the Safe app, calling it a quiet win for open, walkaway‑compliant infrastructure.​ He warns this pattern will “eventually have to break” for privacy, floating viewing keys and client‑side block explorer integrations while conceding that pasting secrets into URLs is risky.​ Experimental tools like swissknifexyz and Microchain’s zk signers emerge just as spot ETH ETFs pull in sustained flows,…

ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control.Ether (ETH) is now more than 14% below its local peak near $3,400, underscoring the sellers’ tenacity above $3,000. A bearish technical setup suggests the pressure may extend into February.Key takeaways:ETH fell back below $3,000, confirming a triangle breakdown that targets $2,250.The bearish scenario can be avoided if ETH breaks above a multimonth moving average resistance. ETH/USD daily chart. Source: TradingViewEther in textbook symmetrical triangle breakdownOn Thursday, ETH fell about 2.85% to around $2,920 after the Federal Reserve held…

South Korea’s National Assembly has approved an overhaul of the country’s crypto licensing regime, tightening entry requirements for virtual asset service providers (VASPs) and expanding scrutiny to include controlling shareholders.On Thursday, lawmakers passed an amendment to the Act on Reporting and Using Specified Financial Transaction Information, a cornerstone of Korea’s Anti-Money Laundering (AML) framework for digital assets. The committee substitute bill was approved at a plenary session and is expected to take effect six months after the law is enacted.The new rules widen background checks for crypto firms applying to operate in South Korea. Regulators will now vet not just…