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Scott Melker discusses the SEC easing rules for new token launches for crypto startups, Sony building a dollar stablecoin for PlayStation, the crypto IPO class of 2025 getting wiped out, and other crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's crypto hub to find the latest crypto-related news.

Ondo just launched a perps platform where tokenized stocks can be used to back leveraged positions.

Open USD (OUSD), a new dollar stablecoin backed by more than 140 corporate partners, has launched as a coalition project. The coalition includes financial institutions, crypto firms and at least one major distributor of Circle Internet Group’s USDC (NYSE:CRCL). OUSD is structured so that more interest income from reserves is returned to participants than under the current USDC model. Circle’s CEO has publicly questioned the consortium governance approach used for OUSD, referencing challenges...

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed ERC-20 token now live on Ethereum mainnet, positioning it directly against WBTC’s roughly $9 billion market and approximately 85% market share with a feature its competitors do not offer: real-time on-chain reserve verification with no reliance on third-party attestations. The product ...