OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims. Author: Jesse Hamilton

The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted. Author: Krisztian Sandor

The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said. Author: Will Canny

Losses on major tokens extended to over 7.4% in the past 24 hours, data shows. Author: Shaurya Malwa

Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K. Author: James Rubin, Glenn Williams