Casper Labs, IBM launch Prove AI auditing solution on watsonx platform
Blockchain-based Casper Labs will integrate with “wastonx.governance” to provide enhanced security, access and versioning.
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US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

Rising $219B stablecoin supply signals mid-bull cycle, not market top
The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts. The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top. Source: IntoTheBlock Historically, stablecoin

Grayscale submits SEC filing to convert Ethereum Trust to spot ETF
Crypto asset manager Grayscale has filed an application with the U.S. SEC to convert its Ethereum Trust to a spot Ethereum ETF. 572 Total views 14 Total shares Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum Trust to a spot Ether exchange-traded

Ripple to Invest Up to $50M in MoneyGram Following New Partnership
Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17.As part of the two-year agreement, the two firms will become partners in cross-border payments and foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able to…

XRP price rebounds after worst month since June 2021 — major recovery ahead?
The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022. 691 Total views 53 Total shares XRP opened May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend…

Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of the DAI will be backed by several types of collateral in contrast to the existing Single-Collateral Dai (SCD), which will now be called Sai (SAI). While Maker previously announced the new protocol…

Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.

Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
The growth of stablecoin's market cap and circulating supply has been one of the best indicators for attaining a general pulse on how participants in the market are feeling during bullish and bearish times.Monitoring the Tether (USDT) treasury for large issuances was a common tactic used by analysts and traders to position themselves for a…