Crypto

The Trump administration is reportedly considering a public-private campaign to expand dollar-backed stablecoins overseas, reinforcing the dollar’s reserve-currency status and creating demand for US debt.

Treasury data put the 10-year yield at 5.11% at Wednesday’s close, 15 basis points higher in a day.

Mark Uyeda, the former acting chair of the US Securities and Exchange Commission, said the agency dropped several cryptocurrency cases in early 2025 because continuing them could have damaged its credibility in court.

StarkWare says an experimental quantum-resistant way to prepare Bitcoin transactions now costs an estimated $66 to $67, a roughly 79% reduction from the first mainnet attempt.

Blockchain security firm SlowMist has linked a malicious iOS application called FomoPeek to the theft of nearly $580,000 in cryptocurrency, warning that the app bypassed Apple's sandbox protections using kernel exploits to access sensitive wallet data from other apps installed on victims' devices.