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Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...
RFK Jr. Defends Bitcoin, Denounces Climate Concerns as 'Smokescreen' to Limit Freedom
1.8.2023
Presidential Candidate Robert F. Kennedy (RFK) Jr. defends Bitcoin against environmental impact criticisms, asserting that opponents use it as a smokescreen to limit financial freedom.
On July 31, RFK responded to Sangha Systems director Daniel Feldman's recent Twitter thread discussing...
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
1.8.2023
Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
1.8.2023
The software firm reported its second-quarter earnings after the close on Tuesday
GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'
1.8.2023
Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
1.8.2023
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
1.8.2023
Prior uneventful periods preceded major eruptions in volatility for BTC’s price, crypto analytics firm K33 Research noted
Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law
Crypto Whale Invests 460 ETH ($840,000) into New Coin Wall Street Memes – Best Crypto to Buy Now?
1.8.2023
A crypto whale just made a huge investment into one of 2023’s hottest meme coin presales.
Over the course of about five minutes, five different wallets piled 460 ETH (worth nearly $850,000) into the Wall Street Meme’s $WSM token presale.
The coordinated nature of the purchases suggests...
Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case
1.8.2023
A US Judge has denied Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC).
On Monday, US District Judge Jed Rakoff rejected Terraform Labs' arguments that the SEC lacked jurisdiction and that its TerraUSD stablecoin did...
Analyzing Mark Zuckerberg's Metaverse Investment: $21 Billion in Losses So Far
1.8.2023
Facebook boss Mark Zuckerberg’s metaverse push has so far cost his company $21 billion, with little to show for in terms of real results, according to a recent Bloomberg opinion piece.
For the massive amount of money spent on developing a metaverse, Zuckerberg and Facebook-owner Meta have only...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
Galaxy Digital CEO Mike Novogratz: Larry Fink's Bitcoin Support Is Game-Changing
1.8.2023
BlackRock CEO Larry Fink’s recent endorsement of Bitcoin is the number one reason to be bullish on the asset right now, according to Galaxy Digital CEO Mike Novogratz.
“The most important thing that happened this year in Bitcoin is Larry Fink,” Novogratz said in an interview with Bloomberg last...
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
1.8.2023
The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter
Borroe ($ROE) set to pump like PEPE after launch
1.8.2023
Analysts have predicted Borroe Finance’s $ROE token will soar like the popular meme coin, PEPE, which experienced a massive surge days after its launch. However, unlike PEPE, $ROE is bursting with utility and is tagged by experts as one of the pioneers of the upcoming crypto summer. Pepe...
Dubai’s VARA Approves Operational License to Nomura’s Crypto Subsidiary
1.8.2023
Dubai's Virtual Asset Regulatory Authority (VARA) has granted an operating license to Laser Digital, the crypto division of the Japanese financial services giant Nomura.
The license allows Laser Digital to provide crypto asset broker-dealer services and management and investment services to...
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
1.8.2023
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed
Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says
1.8.2023
The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar
Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become Invincible, Driving DeFi's Supremacy over TradFi
1.8.2023
BitMex co-founder and former CEO, Arthur Hayes, has set his sights on a futuristic concept that could revolutionize the decentralized finance (DeFi) industry: self-sovereign AI DAOs (Decentralized Autonomous Organizations). ...
Read More: Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become...
Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses
1.8.2023
They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position