Tether has expanded the use of its $23 billion gold reserves by bringing its tokenized product Tether Gold (XAUT) to crypto lender Ledn. Ledn said it was adding support for XAUT, alongside Bitcoin BTC$60,747.39 and Tether’s USDT stablecoin, with borrowing against XAUT expected later this year. Tether is attempting to monetize what has become one […]
Tether Mines $23 Billion Gold Stockpile Read More »
“If you are looking for a regulated platform built for the long term, we are excited to welcome you to OKX,” he said. “To celebrate this new chapter, we are offering one of our largest welcome campaigns to eligible EEA users, including welcome bonuses and a deposit match of up to 8%.” Binance sent an
Coinbase and OKX attempt to attract Binance users after failing to obtain MiCA license Read More »
Also on Thursday, Specter Analyst, another blockchain intelligence platform, said Thursday: “It appears there may be a phishing attack targeting Polymarket users, with losses estimated so far at $2.94 million.” One of the hack victims, Ash, on X wrote that his wallet was hacked and he didn’t know why at the time. Ash also shared
Polymarket hack exposed at $3.1 million days after platform promised users full refund Read More »
CZ acknowledged that there is a gambling component to prediction markets, but he said this is also true in other financial markets. “With any financial instrument, there are always speculators,” he said. “The speculators actually provide the liquidity, so it’s good that you have that speculation.” Future Policies Potential U.S. crypto policy legislation – the
For years, investors valued the company well above its bitcoin holdings, giving Strategy enormous flexibility to raise capital as needed – a situation that Michael Saylor and his team took full advantage of.
The strategy’s valuation fell below the value of its bitcoin holdings Read More »
Flights have become more expensive since the start of the war in Iran. But by how much? Data from flight search engine Skiplagged shows that ticket prices for popular domestic routes rose 35 percent this summer compared to last year, reversing three years of falling prices. Fares on popular international routes have increased by around
How much have airfares increased with high jet fuel costs? Read More »
Ripple CEO Brad Garlinghouse said he remained bullish on Bitcoin but that Michael Saylor’s approach to financing Bitcoin purchases had damaged the broader crypto market, in an interview with CNBC on Friday, as the preferred shares at the center of the strategy model fell to a record low. “Financial engineering does not generate long-term value,”
Ripple CEO remains bullish on Bitcoin but says Saylor strategy hurt crypto Read More »
Dogecoin and Hyperliquid’s HYPE led the week’s crypto losses, falling nearly 10%, as money continued to flow into stocks linked to the artificial intelligence boom and away from major tokens. Dogecoin slipped 9.6% over seven days to around $0.076 and HYPE lost 9.9%, the steepest decline among the majors. Ether fell 8.4% to around $1,581
Majors fall 9% for the week as AI stocks attract buyers Read More »
Latest developments: Teng says Virtuals has expanded beyond gaming-focused AI agents and is now building the infrastructure for what he calls an “agent company.” The company started by creating autonomous agents for games before expanding into crypto-influencers, trading agents, and other autonomous software systems. Virtuals now focuses on five pillars: creating digital agents, creating physical
Virtuals’ Jansen Teng says AI agents are evolving into autonomous economic actors Read More »
Bitcoin BTC$59,576.28 found a place around $60,000 on Friday after this week’s sell-off, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was Aave’s native token. AAVE$94.23the largest DeFi lending protocol, which surged 19% in the last 24 hours. CoinDesk reported on Thursday that crypto exchange Kraken is
Aave and Solana lead crypto price gains as bitcoin (BTC) stabilizes near $60,000 Read More »
