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Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar

European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible…

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JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps

JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate…

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Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield

Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access…

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Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility

This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in…

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