The Ethereum Foundation allocated $120 million of Ether to decentralized finance (DeFi) protocols, responding to community concerns about the foundation’s reliance on ETH sell-offs for funding. On Feb. 13, the Ethereum Foundation’s multisignature address deposited 4,200 Ether into Compound, 10,000 ETH into Spark and 30,800 ETH into Aave. With ETH hovering at around $2,600, the…

Multinational payment services giant Mastercard reported that it had tokenized 30% of its transactions in 2024; it also recognized stablecoins and other cryptocurrencies’ ability to disrupt traditional financial services. In a filing with the US Securities and Exchange Commission, the company said it achieved significant developments toward its goal of “innovating the payments ecosystem,” including tokenizing transactions,…

US President Donald Trump has officially signed an executive order to place reciprocal tariffs on the country’s trading partners, which included provisions for non-monetary policies and defined value-added taxes (VATs) as meeting the criteria for a reciprocal import tax. President Trump tapped Secretary of Commerce Howard Lutnick, Secretary of State Marco Rubio, and Secretary of…