Western Union Debuts USDPT Stablecoin on Solana

Fannie Mae will now accept cryptocurrency-backed mortgages, allowing buyers to use Bitcoin or USDC as collateral. Borrowers can transfer digital assets to a custody wallet without selling, maintaining ownership and avoiding taxable events.

Bitcoin's price dipped below $70,000 due to reports of Pentagon preparing for potential actions in Iran. The cryptocurrency faces uncertainty as the U.S. military considers various options, impacting its market direction and potential support levels.

Despite Circle's share price drop due to Clarity Act uncertainty, Bitwise's CIO predicts a potential market cap of $75 billion or more in the next four years. Circle's current market cap is $27.6 billion, making it a key player in the stablecoin sector.

Bo Shen, founder of Fenbushi Capital, lost $42 million in crypto in 2022 and is now offering a bounty of up to 20% for information on the theft. With the help of investigators, he has frozen $1.2 million in assets and is seeking collaboration for recovery efforts.

Bitcoin has been trading between $65,000 and $75,000 for nearly 50 days, leading to concerns of a bearish trend. However, the extended consolidation period indicates market indecision rather than a clear bearish structure.

Corporate Bitcoin buying has become highly concentrated, with Michael Saylor's Strategy holding 76% of all BTC held by treasury companies. Other firms have drastically reduced their purchases, with Strategy accumulating 45,000 BTC in the past month alone. This concentration poses a risk to the asset's institutional base.

Hackers are utilizing AI to quickly search for vulnerabilities in DeFi protocols, potentially earning millions. Offensive AI capabilities are outpacing defensive measures, posing a significant threat to the $130 billion DeFi ecosystem.

An attacker spent $1,808 to rush through a governance proposal against Moonwell, threatening to gain control over the lending protocol. The exploit highlights the vulnerability of using low-value tokens in governance schemes.

A federal judge has certified a class of investors who allege that Nvidia and its CEO concealed the extent of gaming GPU revenues tied to crypto mining between 2017 and 2018. The court order highlighted internal emails and statements revealing the impact of crypto mining on Nvidia's business.

A U.S. federal court dismissed a lawsuit by a crypto developer over concerns of violating money transmission laws with a non-custodial donation platform. The court ruled the developer lacked standing to bring the case, leaving the legal question unresolved for the industry.