Category Crypto

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

Anchorage Digital, a federally chartered digital asset bank in the US, has acquired Mountain Protocol, a Bermuda Monetary Authority-regulated stablecoin issuer. This acquisition integrates Mountain Protocol’s team, technology, and licensing framework into Anchorage’s existing stablecoin offerings. While financial details remain…

US prosecutors recommend 2 years for SEC hacker

The US government seeks a two-year prison sentence for Eric Council Jr., who played a key role in a scheme to manipulate the cryptocurrency market. Council pleaded guilty to participating in a group that gained unauthorized access to the Securities…

DeFi lender Aave reaches $40B in value locked onchain

Aave, a prominent decentralized finance (DeFi) protocol, has achieved a new peak in total value locked (TVL), surpassing $40.3 billion on May 12th, 2025. This record, confirmed by DefiLlama and Aave’s own announcement on X (formerly Twitter), highlights the protocol’s…