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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East


Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion....

Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms


Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of CEO Ben Gagnon to the board and the resignation...

The Coming Financialization of Hashrate Markets


Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada

Blackrock’s Bitcoin and Ethereum Funds Dominate Tuesday’s ETF Inflows


On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups...

The Anatomy of a Meltdown (and Just BTFD)


GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years

Exodus Expands Wallet Capabilities With Blockchain.com On-Ramp Integration


Exodus Movement, Inc. has announced a new partnership with Blockchain.com to integrate Passkeys Wallet with Blockchain.com’s fiat on-ramp services. The integration aims to streamline the process of creating and funding cryptocurrency wallets, potentially expanding access to digital assets....

Wazirx Moves Funds to New Wallets After $230M Crypto Theft


Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $230 million. Wazirx claims that while its own systems remain secure, the custodian’s interface...

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