Cap Cuts Its 'Stabledrop' Airdrop to $4.2M from $12M as Backlash Mounts
The founder of Cap, a Franklin Templeton-backed stablecoin protocol, apologized for cutting a promised user reward to $4.2 million from the roughly $12 million the project had committed to in February, and denied accusat...
Archive context
Fresh in the current trading session.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on The DefiantRelated market context
UNISWAP To Activate UNI Crypto Buybacks And Burns as Protocol Fees Go Live, Founder Hayden Adams Confirmed
Uniswap’s fee switch is finally live, and Hayden Adams said the protocol is generating about $5.2 million in daily fees, putting i...
Stablecoins are moving more money while crypto’s cash pile gets smaller
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from M...
Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm
The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into...
Bank of Thailand Flags Suspicious Stablecoin Trades in Collaboration With SEC
Thailand’s central bank is targeting crypto transactions as part of a broader crackdown on illicit finance. Bank of Thailand Gover...
Kraken Adds Arbitrum Stablecoins As Exchanges Keep Chasing Cheaper Settlement Rails
Stablecoin listings can look routine until you pay attention to the chain. Kraken adding USDT0 and USDC.e support on Arbitrum is r...
OPEC cuts 2026 global oil demand growth forecast by 190,000 bpd, and Bitcoin miners are paying attention
OPEC's demand forecast cut may lower energy costs, boosting Bitcoin miners' margins and potentially attracting renewed institution...