Breaking: sUSD Tanks 32% to $0.68, Triggering SNX Spiral Fears

sUSD Stablecoin has crashed 32% to $0.68, destabilizing the Synthetix DeFi ecosystem. The collapse occurred after SIP-420 reduced collateralization requirements from 750% to 200% and removed debt repayment incentives. Protocols built on Synthetix, including Toros Finance, began withdrawing their products.
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Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast

Pi Network (PI) is up over 3% in the past 24 hours, showing a strong bounce from key support in recent days.Some traders now believe this recovery could mark the start of the next leg higher, as selling pressure begins to ease.Popular crypto trader Xia, followed by over 135K on X, noted that PI recently […]
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MoonPay CEO’s Letter to Congress: Stablecoin Bill Risks Creating National Monopoly

MoonPay co‑founder Ivan Soto‑Wright has urged U.S. lawmakers to amend the STABLE and GENIUS Acts so state‑regulated payment stablecoin issuers stand on the same legal ground as federally chartered rivals, arguing that dual oversight has protected consumers and nurtured crypto innovation for decades.
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Bybit Backs Vietnam’s Crypto Trading Pilot with Tech and Risk Support

Vietnam’s Ministry of Finance is partnering with Bybit to launch a pilot regulated crypto trading platform, aiming to enhance transparency, investor protection, and risk management in one of the world’s most active digital asset markets.
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