El Salvador Launches a $2 Remittance App That Settles in Stablecoins
Sivar, built by Coinbase-backed Modveon under a five-year deal with El Salvador's Bitcoin Fund Management Agency, settles transfers from the U.S. in a stablecoin on Base.
Headlines from leading crypto publishers, updated every 15 minutes. Each item shows a short summary from the publisher's own feed and links to the full original story. Our own reporting is in Latest news.
Sivar, built by Coinbase-backed Modveon under a five-year deal with El Salvador's Bitcoin Fund Management Agency, settles transfers from the U.S. in a stablecoin on Base.
The head of the bank's digital-asset team reportedly said that DeFi vaults are a focus of the new lab, calling the technology too nascent to put on its platform untested.
The deal folds Riva's work on hash-based signatures, MPC and hardware signing into Project Eleven, which is building tools to move crypto networks onto quantum-resistant cryptography.
The fund, which trades under the ticker NRR and charges a 0.75% fee, is the first spot NEAR exchange-traded product in the U.S.
Committee Chairman James Comer asked the three platforms for records on identity checks and trade surveillance, citing reports of a Hyperliquid short placed before an October 2025 tariff announcement was public.
The wallet and exchange company, which filed confidentially with the SEC in May, is reportedly telling prospective investors it wants to list this year.
NEAR Intents says attackers tried to move more than $50 million through it and it froze $503,000 mid-trade, days after THORChain refused Bitget's request to cut off the hacker's wallets.
Three days after publishing its crypto FAQ, the SEC's Corporation Finance division added a condition to its buyback answer, a change a16z crypto's Miles Jennings called "great work by the SEC."
The Korean company behind BTOB and Lee Chae Yeon plans to offer eligible users tokenized exposure to revenue from concerts, streaming and music rights.