“Binance.US has one CEO, Binance.com has two co-CEOs,” he said. “They almost never talk to each other. In fact, I don’t think they ever talk to each other. So, yeah, two independent teams. Binance.US licenses the product and technology from Binance Global, but they have a licensing agreement.” CZ doesn’t see himself running the U.S. […]
Binance founder CZ wants to clear up ‘misunderstandings’ about who he is Read More »
Stablecoins are no longer a fringe market. Their total supply exceeded $300 billion, and USDT₮, the largest stablecoin, briefly overtook Ethereum in market capitalization to become the second-largest digital asset behind Bitcoin. Banks are right to pay attention to this. But paying attention is not the same as pressuring Congress to slow the market. Stablecoins
The banking lobby is wrong about stablecoins and community banks Read More »
Kalshi is seeking to raise new capital at a valuation of around $40 billion, almost double the $22 billion valuation it targeted in its previous funding round, according to a Financial Times report citing people familiar with the matter. The market prediction platform could close fundraising as early as the third quarter of this year,
Kalshi seeks funding valued at $40 billion, widening lead over rival Polymarket Read More »
Yakovenko’s comments stand out because they come from one of Ethereum’s most prominent competitors. While debates between Ethereum and Solana proponents have often been contentious, Yakovenko’s reaction reflects a view shared by many currently at the top of the industry: that leaner organizations can sometimes make better decisions than larger, more bureaucratic ones. The emergence
Shake-up at the foundation has some of the biggest names in crypto feeling optimistic Read More »
Bitcoin peaked at $126,000 in October without reaching the upper red bands of the Rainbow Chart. Now, with BTC near $62,500, the price has fallen below the chart floor. The divergence comes as other widely followed Bitcoin valuation models have also struggled. The Stock-to-Flow model, which links Bitcoin’s price to its scheduled supply reductions, predicts
Bitcoin has just crossed the floor of its famous Rainbow Chart in the “BTC is dead” zone Read More »
If congressional Republicans shift to continuing work on election-focused legislation, it could reduce their room to maneuver for other legislation. Republican lawmakers were already pushing for Senate action on Trump’s preferred bill on Wednesday. “There is no path for the SAVE Act to become law,” Jaret Seiberg, a policy analyst at TD Cowen, said in
Trump refuses to sign law banning US CBDCs, demands approval of election bill Read More »
SecondFi, the Cardano wallet formerly known as Yoroi, claims to have fixed a major exploit that drained approximately 16 million ADA, worth approximately $2.4 million, from 374 user wallets in three separate attacks. The root cause was a flaw in SecondFi’s proprietary wallet generation software. The vulnerability is at the address level, meaning that simply
Bitcoin Hits Session Low Below $59,283
Bitcoin Hits Session Low Below $59,283 Read More »
Binance has withdrawn its application for a Crypto Asset Markets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange announced via several X publications on Wednesday. Although Binance did not immediately respond to CoinDesk’s request for comment, Gillian Lynch, head of Europe and the United Kingdom, told Reuters
Binance withdraws Greek MiCA offer but vows to stay in EU Read More »
This trend becomes even more relevant as real-world assets enter the digital landscape. Stablecoins have already demonstrated the power of traditional blockchain-based representations of value, becoming the most successful digital asset use case to date. Tokenized deposits, bonds, funds and other real-world assets are poised to follow, expanding the range of opportunities available to businesses
Dominant currency in digital assets: infrastructure Read More »
