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Token Falls 15% After Circle Deal Takes Dev Team, Leaves AXL Behind

Axelar’s AXL token fell as much as 13% on Tuesday, according to CoinDesk market data, after stablecoin giant Circle announced it signed a deal to acquire the team and exclusive intellectual property of Interop Labs, the original and lead developer behind the Axelar network. Loading… The deal explicitly excludes the AXL token and the network

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StraitX to Launch Singapore and US Dollar Stablecoins on Solana for Fast Currency Trading

Solana users could soon exchange Singapore Dollars (SGD) for United States Dollars (USD) instantly online, marking the popular high-speed blockchain’s first access to digital tokens tied to one of Asia’s major currencies. Indeed, crypto infrastructure company StraitX said on Tuesday that it plans to launch its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD

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This new React bug can empty your wallets if undetected

A critical vulnerability in React server components is being actively exploited by several threat groups, putting thousands of websites – including crypto platforms – at immediate risk, with users potentially seeing all their assets depleted if hit. The flaw, tracked as CVE-2025-55182 and dubbed React2Shellallows attackers to execute code remotely on affected servers without authentication.

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ARK comes as crypto stocks extend multi-day sell-off

Cathie Wood’s ARK Invest went bargain hunting on Monday as some of the biggest listed names in the crypto space, including Coinbase (COIN), Bullish (BLSH), and Circle (CRCL), extended a multi-day decline. According to the emailed disclosure, ARK’s crypto stock purchases of approximately $59 million included approximately $16.3 million from Coinbase, approximately $5.2 million from

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Ripple-Linked Token Sees Greater Risk of Pullback

Market participants appeared focused on liquidity conditions and de-risking, with selling pressure intensifying around previously well-defined support levels. News context XRP traded sharply lower over the past session as broader crypto markets faced renewed risk aversion pressure. Despite continued inflows into spot ETFs over the past few weeks, short-term price action has been dominated by

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Dogecoin’s fall below $0.13 attracts institutional attention

Dogecoin lost a critical technical level after a massive sell-off, signaling a change in near-term market structure and forcing traders to reassess near-term risk. News context Dogecoin fell 5.5% over the past 24 hours from $0.1367 to $0.1291 as selling pressure intensified in the broader crypto market. The move came amid lower risk sentiment and

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Why Bitcoin ETFs seem to be falling short, even as their role grows: Asia Morning Briefing

Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. With just two weeks left in the year and

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