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USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37


On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100 million vanishing into the ether. USDX Springs a Leak After the Stream...

Robinhood Hits $1.27 Billion in Q3 Revenue, Crypto Trading Surges 300%


Robinhood reported record third-quarter results, with revenues doubling to $1.27 billion and net income surging 271% year-over-year. Strong crypto trading, new business lines, and rapid user growth helped the company cement its position as one of fintech’s most diversified platforms. Q3 Profits...

Crypto Lags Despite Liquidity Surge and Market Tailwinds


Despite rate cuts, the end of quantitative tightening, and record-high equities, crypto continues to underperform. Liquidity is expanding globally, but it’s not flowing into digital assets, with exchange-traded fund (ETF) inflows stalled and digital asset treasury (DAT) activity fading. Strong...

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