The FDIC has opened a formal rulemaking process to create procedures allowing depository institutions to form and operate stablecoin subsidiaries under the GENIUS Act. The move is the first concrete federal step toward integrating bank-issued stablecoins into the U.S. financial system.

Monero (XMR) climbed 15% over the past week with a sharp 24-hour spike, becoming the most profitable asset among top-20 cryptocurrencies. Trading volume rose 15% to $169.01 million, outpacing Bitcoin and Ethereum.

Solana and Project Eleven completed tests of post-quantum signature schemes, taking a concrete step toward quantum-resistant transaction security. The trial marks an early move to future-proof the network against potential quantum threats.

Ethereum co‑founder Vitalik Buterin sharply criticized Elon Musk’s free‑speech rhetoric, saying the promise has become a hotspot for hate speech and hypocrisy and declaring 'Free speech is doomed.' The remarks heighten debates over moderation and decentralization in crypto communities.

A newly reported React vulnerability is being exploited to install malware and crypto-miners, risking token theft and potential wallet interception on thousands of sites.