Category Archive: Cryptocurrency, No picture
Circle and Sony partner to bring USDC to Soneium
Key Takeaways Circle and Sony have partnered to integrate USDC as a primary token on Soneium. The partnership aims to enhance secure, user-friendly Web3 experiences for creators. Share this article Circle, issuer of the USDC stablecoin, and Sony Block Solutions Labs, the blockchain arm of tech giant Sony, have announced a strategic collaboration to integrate […]
Circle accused of ‘extracting’ from Lazarus Group hacks, faces criticism from ZachXBT
Key Takeaways Circle accused of profiting from transactions linked to North Korea’s Lazarus Group. Lazarus Group allegedly laundered $200 million into stablecoins from 2020 to 2023. Share this article Circle, the company behind the USDC stablecoin, faces criticism from blockchain investigator ZachXBT for its delayed response to blacklisting funds associated with the North Korean hacking […]
US Bitcoin ETFs see largest single-day inflow since late July, Bitcoin climbs past $60,000
Key Takeaways US Bitcoin ETFs experienced the largest inflow since late July with over $263 million in a single day. Bitcoin’s price increase coincides with huge ETF investments, peaking over $60,000. Share this article Inflows into US spot Bitcoin exchange-traded funds surged on Friday, with net buying topping $263 million, the largest single-day inflow since […]
Sam Bankman-Fried appeals fraud conviction, alleges judicial bias
Key Takeaways Sam Bankman-Fried’s appeal criticizes the judge’s conduct during his fraud trial. The appeal argues customers may recover funds, challenging the loss narrative. Share this article Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction and 25-year prison sentence, alleging judicial bias and improper limitations on […]
RWA market surges to $12 billion, traditional firms lead the charge
Key Takeaways Tokenized treasuries grew from $769 million to $2.2 billion in 2024 due to high US interest rates. BlackRock’s BUIDL leads the tokenized Treasury category with over $500 million market cap. Share this article The real-world assets (RWA) market has reached an all-time high of $12 billion tokenized, according to a Binance Research report. […]
Former PayPal executive joins Tether as Head of Government Affairs
Key Takeaways Tether hires Jesse Spiro, an industry leader with over six years of blockchain government relations experience, as Head of Government Affairs. Spiro aims to drive collaboration between the public and private sectors to advance Tether and the digital asset ecosystem. Share this article Tether has appointed Jesse Spiro as its Head of Government […]
Starknet community greenlights staking mechanism for STRK token
Key Takeaways Starknet’s governance vote passes STRK token staking for late 2024. Staking features include a 21-day withdrawal time-lock and a balance between rewards and inflation. Share this article Starknet token holders have ratified a proposal to implement staking on the Layer 2 network, marking a significant milestone in the platform’s development and governance.The proposal, […]
Marathon Digital adds over 5,000 Bitcoin in a month, holdings now worth $1.5 billion
Key Takeaways Marathon Digital added over 5,000 BTC to its holdings in the last month. MARA’s total Bitcoin assets are now valued at around $1.5 billion. Share this article Marathon Digital Holdings (MARA), a key player in the Bitcoin mining sector, has added over 5,000 Bitcoin (BTC) over the past month, bringing its total Bitcoin […]
Trump to launch DeFi protocol next Monday
Key Takeaways Trump’s World Liberty Financial DeFi project launches on September 16. The launch event will be live-streamed on Twitter Spaces. Share this article Former President Donald Trump announced plans to launch “World Liberty Financial,” a decentralized finance (DeFi) protocol, next Monday, September 16, at 8 pm via Twitter Spaces. .@WorldLibertyFi pic.twitter.com/rHEGQXl4jL — Donald J. […]
US demands Nigeria to release Binance executive as health worsens
Key Takeaways Mr. Gambaryan, detained since February, suffers from severe health issues including malaria. US-Nigeria talks have occurred, focusing on the humanitarian release of the Binance employee. Share this article The US government is urging Nigeria to release an employee of the world’s largest crypto exchange Binance who was arrested in February and has faced […]
