The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of
Read moreBitgo, Kraken Partner With FTX for Jan. 3 Payment Distribution
FTX Trading Ltd. (FTX) and its affiliated debtors have locked in Jan. 3, 2025, as the kickoff day for their court-endorsed Chapter 11 Reorganization Plan.
Read moreEthena Labs Launches Stablecoin Backed by Blackrock’s BUIDL Fund
Ethena Labs has introduced USDtb, a stablecoin that’s got the backing of Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin
Read moreKraken chosen as distribution partner by the FTX Debtors
We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to retail
Read moreWith BTC Firmly Above $100K, Forgotten Sleeping Bitcoin Wallets Spring to Life
With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing
Read moreOver the past year alone, more than $21 billion has flowed out of the Grayscale Bitcoin Trust ETF
Key Takeaways: The Grayscale Bitcoin Trust has experienced massive outflows, well beyond that of other Bitcoin ETFs. The most successful Bitcoin ETF happens to be
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