Author: John Smith
South Africa isn’t the only country rethinking its central bank digital currency (CBDC) plans. Summary South Africa’s Reserve Bank is postponing a retail CBDCs, prioritizing payment system modernization and wholesale digital currency projects instead. Efforts target faster, more affordable digital services and connectivity improvements between financial institutions. The central bank warned of risks posed by cryptocurrencies and stablecoins, emphasizing regulatory measures and licensing for crypto service providers to maintain financial stability. In a significant shift for the global financial landscape, the rollout of CBDCs has hit a series of roadblocks in 2025, as several countries press pause or slow their…
RLUSD recently surpassed $1 billion in supply on Ethereum, as the token gains regulatory approval in Abu Dhabi. Summary Ripple’s RLUSD stablecoin surpassed $1 billion on Ethereum The token grew to this level in less year since launch RLUSD recently secured regulatory approval in Abu Dhabi While the rest of the crypto markets are seeing increasing volatility, stablecoin adoption is growing consistently. On Friday, November 28, the supply of Ripple’s RLUSD stablecoin surpassed $1.026 billion on the Ethereum blockchain, making it one of the fastest-growing stablecoins. The total supply of RLUSD, on both Ethereum (ETH) and XRPL, reached $1.261 billion…
Quant crypto price popped to its highest point since October 10 as the supply in exchanges plunged and demand in the futures market increased. Summary Quant token jumped to the highest point in over a month. The surge happened as the futures open interest soared. It also occurred as the supply in exchanges plunge. Quant (QNT) token retested the important resistance level at $100 and was one of the best-performing coins today, Nov. 28. The surge happened as demand for the coin rose. Data compiled by Nansen shows that the supply in exchanges dived suddenly this month, a sign of…
Solana price held steady this week as sentiment in the crypto industry improved and as investors bought the dip. Summary Solana price has formed a highly bullish falling wedge pattern. Spot Solana ETF inflows have jumped to $613 million. The number of transactions and active users has soared. Solana (SOL) token rose to $145 today, Nov. 28, up by 18% from its lowest point this month. Here are some of the top reasons why SOL token may be on the cusp of a roughly 80% surge. Solana price falling wedge points to a rebound The daily timeframe chart shows that…
XRP gained more than 14% over the past week as large holders transferred 460 million coins, according to blockchain data and market analysts. Summary The cryptocurrency jumped over 12% in the past week as major holders transferred 460 million coins, signaling profit-taking and portfolio reshuffling. XRP ETFs from Canary Capital, Bitwise, Grayscale, and Franklin Templeton recorded strong net inflows, outperforming Bitcoin and Solana ETFs on Nov. 26. Analysts caution that XRP needs to convert current resistance into support to sustain upward momentum, with whale transactions and institutional flows closely watched for market signals. The cryptocurrency’s price increase followed a previous…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Security failures have shaped the crypto industry for more than a decade, making reliable crypto custody solutions essential for businesses managing large digital asset holdings. Summary Crypto custody providers help safeguard corporate digital assets, and choosing the right one requires evaluating security models, audits, regulation, integration options, liquidity access, and operational costs. ChangeNOW, Fireblocks, Coinbase Prime, BitGo, Anchorage Digital, Ledger Enterprise, and Gemini Custody stand out for strong security frameworks, compliance standards, and enterprise-grade tools. As hacks rise and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The AWS outage is a reminder of how fragile modern digital systems have become when so much depends on a single provider. A fault in a domain name system (DNS) record triggered cascading failures across Amazon Web Services infrastructure, taking down over 14,000 websites and causing more than $1 billion in losses within just two hours, including Coinbase, MetaMask, and Robinhood among the casualties. When the functions came back online, data synchronisation caused a domino effect of…
Arthur Hayes predicts equity price discovery will migrate to 24/7 crypto perpetuals, pressuring traditional exchanges as regulation turns more crypto-friendly. Summary Hayes argues BitMEX-style perpetual swaps concentrate liquidity, offer high leverage and limited legal recourse, making them superior to dated futures. He cites Hyperliquid’s HIP-3 and a Nasdaq 100 perpetual as early proof that equity perps can gain real volume on permissionless crypto platforms. Hayes links the shift to a friendlier U.S. regulatory stance under Trump and expects S&P 500 and Nasdaq 100 perpetuals to lead by late 2020s. BitMEX co-founder Arthur Hayes has predicted that crypto-style perpetual futures will displace…
South Africa does not have a “strong immediate need” for a central bank digital currency (CBDC) for the time being, according to the country’s central bank. Summary South Africa’s central bank has concluded there is no strong immediate need for a retail CBDC. The central bank remains open to exploring retail CBDC use cases in the future. Stablecoins and cryptocurrencies pose major risks to the country, according to the central bank. The South African Reserve Bank has published a position paper on the viability of a retail CBDC after several years of research, experimentation, and stakeholder consultations, and has concluded…
Everdawn labs’ tether-pegged omnichain stablecoin usdt0 has surpassed $50b in transfers across 15 networks, with over one-fifth of volume occurring in the last month. Summary Usdt0, launched in January 2025 via layerzero’s omnichain fungible token standard, extends tether exposure to chains where usdt is not native. The token has processed more than 415,000 transactions across networks such as ethereum, arbitrum, ink, sei, bitcoin layers, conflux, plasma, hyperliquid, and solana. Positioned as “monetary mesh infrastructure,” usdt0 underpins payments, remittances, and institutional settlement in everdawn labs’ wider omnichain strategy. Everdawn Labs’ omnichain stablecoin USDT0 has surpassed $50 billion in cumulative transfers since…