Issuer of USDC, the second-largest stablecoin. Operates Arc, its own settlement chain, and increasingly mints USDC natively across L2s.https://news.cryptogrind.com/en-ushttps://news.cryptogrind.com/blog/2026-05-21-weekly-roundup/https://news.cryptogrind.com/blog/2026-05-21-weekly-roundup/Crypto chaos: Web3 salaries plummet 75%, $657M vanished in a tweet, 9,000 ATMs dark.Thu, 21 May 2026 10:00:00 GMTweekly-roundupWeb3crypto-jobshackersregulationhttps://news.cryptogrind.com/blog/binance-spacex-pre-ipo-perpetual-futures/https://news.cryptogrind.com/blog/binance-spacex-pre-ipo-perpetual-futures/Binance just launched Pre-IPO Perpetual Contracts, letting anyone on earth speculate on SpaceX's valuation before it goes public. Wall Street just got disintermediated.Thu, 21 May 2026 00:00:00 GMTbreaking-newsbinancespacexderivativesdefiipoperpetual-futureshttps://news.cryptogrind.com/blog/genius-act-senate-passes-stablecoin-law/https://news.cryptogrind.com/blog/genius-act-senate-passes-stablecoin-law/The US Senate passed the GENIUS Act 68-30, creating America's first federal stablecoin regulatory framework. 68 senators just decided the future of USDC, Tether, and every dollar-pegged token in crypto.Thu, 21 May 2026 00:00:00 GMTbreaking-newsregulationstablecoindefipolicyhttps://news.cryptogrind.com/blog/warren-occ-illegal-crypto-bank-charters-coinbase-ripple/https://news.cryptogrind.com/blog/warren-occ-illegal-crypto-bank-charters-coinbase-ripple/Senator Elizabeth Warren is accusing the OCC of illegally granting national trust bank charters to nine crypto giants including Coinbase, Ripple, Circle, and Paxos — and demanding all communications between OCC officials and the Trump family by June 1.Tue, 19 May 2026 00:00:00 GMTregulationcoinbaserippleoccbreaking-newspolicystablecoinshttps://news.cryptogrind.com/blog/cme-ice-hyperliquid-cftc-wall-street-lobby/https://news.cryptogrind.com/blog/cme-ice-hyperliquid-cftc-wall-street-lobby/CME Group and ICE — the corporate parents of the world's biggest futures and stock exchanges — just told the CFTC to regulate Hyperliquid out of existence. HYPE dropped 9%. Arthur Hayes said to get bent.Sun, 17 May 2026 00:00:00 GMThyperliquiddefiregulationcftcbreaking-newshttps://news.cryptogrind.com/blog/thorchain-10m-exploit-four-chains-rune-halted/https://news.cryptogrind.com/blog/thorchain-10m-exploit-four-chains-rune-halted/THORChain was drained across Bitcoin, Ethereum, BNB Chain, and Base simultaneously on May 15. RUNE dropped 12%, all trading and signing was halted, and the team still hasn't explained the attack vector.Fri, 15 May 2026 00:00:00 GMTdefiexploitsecuritythorchainhackbreaking-newshttps://news.cryptogrind.com/blog/hyperliquid-kills-usdh-coinbase-usdc-5-billion-treasury/https://news.cryptogrind.com/blog/hyperliquid-kills-usdh-coinbase-usdc-5-billion-treasury/Less than a year after launching USDH, Hyperliquid is sunsetting its native stablecoin and making Coinbase the official treasury deployer for $5 billion in USDC. The hottest DeFi exchange just went full centralized on its settlement layer.Thu, 14 May 2026 00:00:00 GMTdefistablecoinshyperliquidcoinbaseusdcbreaking-newshttps://news.cryptogrind.com/blog/ethereum-clear-signing-erc-7730-blind-signing-bybit/https://news.cryptogrind.com/blog/ethereum-clear-signing-erc-7730-blind-signing-bybit/The Ethereum Foundation, Ledger, MetaMask, Trezor, Fireblocks and WalletConnect just launched Clear Signing — an open standard that replaces the hex garbage users blindly approve with human-readable transaction descriptions. Bybit's $1.5B hack started with a blind signing. So did most of yours.Tue, 12 May 2026 00:00:00 GMTethereumsecuritydefibreaking-newswalletserc-7730https://news.cryptogrind.com/blog/circle-arc-222m-blackrock-usdc-gas-blockchain/https://news.cryptogrind.com/blog/circle-arc-222m-blackrock-usdc-gas-blockchain/Circle raised $222M from BlackRock, a16z, and Apollo for Arc, a Layer 1 where USDC is the native gas token. $3B valuation, 100+ institution testnet, and a direct shot at Ethereum's institutional market.Mon, 11 May 2026 00:00:00 GMTfundraisingstablecoinslayer-1institutionalcircleusdcblackrockbreaking-newshttps://news.cryptogrind.com/blog/blackrock-stablecoin-yield-tokenized-funds-clarity-loophole/https://news.cryptogrind.com/blog/blackrock-stablecoin-yield-tokenized-funds-clarity-loophole/The world's largest asset manager quietly filed SEC paperwork for two tokenized money-market funds specifically designed to let stablecoin holders earn Treasury yield — the same yield that Congress just voted to ban stablecoins from paying. The loophole is elegant. The implications are massive.Sun, 10 May 2026 00:00:00 GMTbreaking-newsblackrockstablecoinrwaethereumtokenizationregulationdefiinstitutionalhttps://news.cryptogrind.com/blog/kraken-600m-reap-occ-charter-banking-empire/https://news.cryptogrind.com/blog/kraken-600m-reap-occ-charter-banking-empire/Kraken parent Payward acquired Hong Kong stablecoin firm Reap for $600M on May 7, then filed for a federal OCC trust charter on May 8. That's $2.65 billion in acquisitions and a banking license application in a single year. Here's the empire they're building.Sat, 09 May 2026 00:00:00 GMTbreaking-newskrakenregulationstablecoininstitutionalhiringcrypto-careershttps://news.cryptogrind.com/blog/grok-morse-code-200k-ai-agent-hack/https://news.cryptogrind.com/blog/grok-morse-code-200k-ai-agent-hack/A single obfuscated tweet tricked xAI's Grok into executing a $175K on-chain transfer — no private keys stolen, no smart contract exploit. Just a chatbot doing what it was told.Thu, 07 May 2026 00:00:00 GMTbreaking-newssecurityai-agentsdefiweb3hackshttps://news.cryptogrind.com/blog/bullish-equiniti-4-billion-tokenized-securities/https://news.cryptogrind.com/blog/bullish-equiniti-4-billion-tokenized-securities/Bullish, the Peter Thiel-backed crypto exchange, is acquiring Equiniti — the transfer agent behind 20 million shareholders and $500 billion in annual payments — in one of the largest crypto deals ever. Wall Street's plumbing is going on-chain.Tue, 05 May 2026 12:00:00 GMTbreaking-newstokenizationinstitutionaldefiwall-streetacquisitionshttps://news.cryptogrind.com/blog/consensus-miami-wall-street-bitcoin-81k/https://news.cryptogrind.com/blog/consensus-miami-wall-street-bitcoin-81k/Consensus Miami 2026 opened with a jaw-dropper: Wall Street didn't just attend — they sponsored. Institutional attendance doubled to 35% of the crowd, representing $10 trillion in AUM. Bitcoin noticed.Tue, 05 May 2026 10:00:00 GMTbreaking-newsconsensusbitcoininstitutionalwall-streethiringjobshttps://news.cryptogrind.com/blog/coinbase-clarity-act-stablecoin-yield-ban/https://news.cryptogrind.com/blog/coinbase-clarity-act-stablecoin-yield-ban/The CLARITY Act stablecoin yield compromise bans 'hold and earn' stablecoin rewards in the US. Coinbase backed the deal anyway. Here's the multi-billion dollar calculation behind that decision.Sun, 03 May 2026 08:00:00 GMTbreaking-newsregulationstablecoinscoinbaseclarity-actlegislationusdchttps://news.cryptogrind.com/blog/visa-7-billion-stablecoin-settlement-nine-blockchains/https://news.cryptogrind.com/blog/visa-7-billion-stablecoin-settlement-nine-blockchains/Visa's stablecoin settlement pilot hit a $7B annualized run rate — up 50% in a single quarter — and just expanded to 9 blockchains including Base, Polygon, and Stripe's Tempo. TradFi isn't coming to crypto. It's already here.Fri, 01 May 2026 12:00:00 GMTbreaking-newsstablecoinvisapaymentsinstitutionalbasepolygonhttps://news.cryptogrind.com/blog/2026-04-27-weekly-roundup/https://news.cryptogrind.com/blog/2026-04-27-weekly-roundup/DeFi hacks hit $606M in 18 days, while Kalshi and Polymarket battle for the U.S. crypto derivatives market.Mon, 27 Apr 2026 10:00:00 GMTweekly-roundupDeFicrypto-derivativesstablecoinsAIhttps://news.cryptogrind.com/blog/morgan-stanley-stablecoin-reserve-bank/https://news.cryptogrind.com/blog/morgan-stanley-stablecoin-reserve-bank/Morgan Stanley's new MSNXX Stablecoin Reserves Portfolio quietly makes the $200B wealth manager the preferred reserve custodian for the entire stablecoin industry under the GENIUS Act.Sun, 26 Apr 2026 08:00:00 GMTbreaking-newsstablecoinsinstitutionalregulationtradfigenius-acthttps://news.cryptogrind.com/blog/coinbase-x402-ai-agents-crypto-payments/https://news.cryptogrind.com/blog/coinbase-x402-ai-agents-crypto-payments/Coinbase's x402 protocol just launched an app store where AI agents autonomously buy Bloomberg data, AWS compute, and trading APIs with USDC — no human approval required. 165 million transactions have already settled.Sat, 25 Apr 2026 14:00:00 GMTbreaking-newscoinbaseaidefiinfrastructurebasestablecoinshttps://news.cryptogrind.com/blog/green-beret-polymarket-insider-trading-maduro/https://news.cryptogrind.com/blog/green-beret-polymarket-insider-trading-maduro/U.S. Army Master Sergeant Gannon Van Dyke is the first person charged with using classified military intelligence to insider-trade on a crypto prediction market. The DOJ and CFTC both came for him.Fri, 24 Apr 2026 00:00:00 GMTbreaking-newspolymarketdefiregulationprediction-marketsdojcftclegalhttps://news.cryptogrind.com/blog/nft-l2-graveyard-mint-myria-shutdown/https://news.cryptogrind.com/blog/nft-l2-graveyard-mint-myria-shutdown/Mint Blockchain shut down April 17. Myria is pulling the plug on its L2 with an April 27 asset-bridging deadline. They're not alone — 20+ crypto projects went dark in Q1 2026. The NFT-era infrastructure bubble is officially over.Sun, 19 Apr 2026 10:00:00 GMTbreaking-newsdefinftethereumlayer2jobsmarkethttps://news.cryptogrind.com/blog/drift-tether-148m-rescue-usdc-dethroned/https://news.cryptogrind.com/blog/drift-tether-148m-rescue-usdc-dethroned/Tether is bailing out Drift Protocol with $148M after North Korea's $285M heist — but the real play is quietly replacing Circle's USDC as Solana DeFi's settlement currency.Thu, 16 Apr 2026 00:00:00 GMTbreaking-newsdefisolanatetherusdtusdccirclenorth-koreahacksstablecoinshttps://news.cryptogrind.com/blog/fake-ledger-apple-app-store-9-million-theft/https://news.cryptogrind.com/blog/fake-ledger-apple-app-store-9-million-theft/A fraudulent Ledger Live app slipped through Apple's review process, stayed live for roughly two weeks, and drained $9.5 million from 50+ victims before ZachXBT blew the whistle.Wed, 15 Apr 2026 00:00:00 GMTbreaking-newssecurityhackappleledgerwalletzachxbthttps://news.cryptogrind.com/blog/parity-act-bitcoin-tax-stablecoin-exemption/https://news.cryptogrind.com/blog/parity-act-bitcoin-tax-stablecoin-exemption/The PARITY Act gives stablecoins a federal de minimis tax exemption while explicitly leaving Bitcoin behind. Bitcoin Policy Institute calls it a bill that 'picks winners and losers.' Coinbase earned $1.35B in stablecoin revenue last year — make of that what you will.Tue, 14 Apr 2026 00:00:00 GMTregulationbitcoinstablecoinstaxbreaking-newspolicyhttps://news.cryptogrind.com/blog/hsbc-stanchart-hong-kong-stablecoin-license/https://news.cryptogrind.com/blog/hsbc-stanchart-hong-kong-stablecoin-license/Hong Kong granted its first two stablecoin licenses to HSBC and a Standard Chartered–Animoca joint venture — picking just 2 from 36 applicants. The era of bank-issued stablecoins is here.Sun, 12 Apr 2026 00:00:00 GMTstablecoinsregulationhong-konghsbcstandard-charteredbreaking-newsjobshttps://news.cryptogrind.com/blog/wlfi-trump-75m-insider-loan-dolomite-scandal/https://news.cryptogrind.com/blog/wlfi-trump-75m-insider-loan-dolomite-scandal/World Liberty Financial used nearly 5 billion WLFI tokens as collateral to borrow $75M from Dolomite, a platform co-founded by WLFI's own CTO. The token is now at an all-time low, down 82% from peak.Sat, 11 Apr 2026 00:00:00 GMTbreaking-newsdefiregulationtrumpwlfiinsider-tradingstablecoinshttps://news.cryptogrind.com/blog/genius-act-stablecoin-aml-compliance-jobs/https://news.cryptogrind.com/blog/genius-act-stablecoin-aml-compliance-jobs/Treasury and FinCEN dropped a joint proposed rule under the GENIUS Act that forces stablecoin issuers to implement full AML programs, freeze bad transactions, and hire compliance officers — by January 2027.Thu, 09 Apr 2026 00:00:00 GMTregulationstablecoinscompliancegenius-actbreaking-newshttps://news.cryptogrind.com/blog/better-money-company-a16z-stablecoin-clearinghouse/https://news.cryptogrind.com/blog/better-money-company-a16z-stablecoin-clearinghouse/You can't swap USDT for USDC at face value without slippage. A former a16z partner just raised $10M to build the clearinghouse that makes stablecoins actually fungible — and Stripe, MetaMask, and Phantom are already signed up.Mon, 06 Apr 2026 09:00:00 GMTbreaking-newsstablecoinsa16zdefiinfrastructurehiringfundraisinghttps://news.cryptogrind.com/blog/drift-north-korea-six-month-infiltration/https://news.cryptogrind.com/blog/drift-north-korea-six-month-infiltration/Drift Protocol confirmed today that the April 1 exploit wasn't opportunistic — DPRK-linked hackers spent six months attending crypto conferences, building real relationships, and depositing real money before draining $270M.Sun, 05 Apr 2026 00:00:00 GMTbreaking-newsdefisecuritynorth-koreadprksolanahacksjobshttps://news.cryptogrind.com/blog/charles-schwab-crypto-spot-bitcoin-ethereum/https://news.cryptogrind.com/blog/charles-schwab-crypto-spot-bitcoin-ethereum/Charles Schwab — the brokerage that manages $12 trillion in client assets — just announced direct spot Bitcoin and Ethereum trading. This isn't Fidelity or a crypto-native firm. This is the brokerage where America's retirees keep their 401(k)s.Sat, 04 Apr 2026 09:00:00 GMTbreaking-newsinstitutionalbitcoinethereumhiringtradfihttps://news.cryptogrind.com/blog/circle-usdc-freeze-zachxbt-drift-hack/https://news.cryptogrind.com/blog/circle-usdc-freeze-zachxbt-drift-hack/ZachXBT just published a damning thread showing Circle had the power to freeze $232M in stolen Drift Protocol funds — during business hours, over 6 hours — and chose not to. It's part of a pattern spanning $420M across 15 cases since 2022.Sat, 04 Apr 2026 00:00:00 GMTbreaking-newsdefisecurityregulationstablecoinssolanahttps://news.cryptogrind.com/blog/coinbase-occ-national-trust-charter/https://news.cryptogrind.com/blog/coinbase-occ-national-trust-charter/Coinbase received conditional OCC approval for a national trust charter — making America's biggest crypto exchange a federally regulated custodian. This is the regulatory milestone the industry has chased for a decade.Thu, 02 Apr 2026 08:00:00 GMTbreaking-newsregulationcoinbaseinstitutionalstablecoinhiringhttps://news.cryptogrind.com/blog/drift-protocol-solana-exploit-270m/https://news.cryptogrind.com/blog/drift-protocol-solana-exploit-270m/Drift Protocol, Solana's leading perpetuals DEX, was drained of up to $285M in a still-unconfirmed exploit on April 1 — and the attacker is still moving funds right now.Wed, 01 Apr 2026 00:00:00 GMTbreaking-newsdefisecuritysolanaexploithacksjobs