The Bank of England is considering revising its proposed pound stablecoin regulations following industry feedback. Meanwhile, Tether has minted $1 billion USDT, significantly boosting market liquidity. In the U.S., crypto ATM scams surged 33% to $333 million in 2025, exacerbated by AI deepfakes.
Grayscale Investments is set to launch its Avalanche staking product (GAVA) for trading, while BlackRock has introduced a staked Ether ETF (ETHB), offering investors exposure to ETH and staking rewards. Additionally, the Commodity Futures Trading Commission plans to allow exchanges to self-certify blockchain prediction market contracts.
In other news, Nvidia has partnered with Palantir Technologies to develop a new AI operating system. A $50 million USDT swap on CoW Swap experienced severe slippage, returning only 324 AAVE, prompting Stani Kulechov to announce a $600,000 fee refund. The crypto market saw over $96 million in shorts liquidated within an hour, with the total market cap increasing by $50 billion in just three hours.
Crypto Market Sees Major Developments: Tether Mints $1B USDT, BlackRock Launches Staked Ether ETF
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