CRYPTO
Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims
Tether has agreed to pay nearly $300 million to the Celsius Network bankruptcy estate, settling years of litigation tied its 2022 collapse. Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, settling years of litigation tied to the crypto lender’s 2022 collapse. The payment […]
BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets
BlackRock is developing technology to tokenize a wide range of assets and expand its digital investment offerings. BlackRock is developing its own technology to tokenize a broad range of assets, from real estate to equities and bonds. CEO Larry Fink said the global market currently holds more than $4.5 trillion […]
BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock
The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply. What to know: The crypto market experienced its largest liquidation event ever on Friday night U.S. time, forcing out leveraged bullish bets worth $16 billion across bitcoin, ether, XRP, […]
Bitcoin-Friendly Prediction Market Kalshi Raises $300 Million at $5 Billion Valuation, Expands Globally
Kalshi has raised $300 million in new funding at a $5 billion valuation and will soon open access to people in 140 countries. Prediction markets are not a niche crypto subculture anymore. They are mainstream finance. Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced it has raised […]
Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle
Most of the capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury What to know: Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on, the gold-backed tokens of stablecoin giant Tether. The […]
Morgan Stanley Opens Bitcoin And Crypto Fund Access to All Wealth Clients
Morgan Stanley will allow all clients, not just high-net-worth investors, to access crypto funds and ETFs starting on October 15. Morgan Stanley is dropping long-standing restrictions on which of its wealth management clients can invest in crypto funds, broadening access across its $8.2 trillion platform. Starting Oct. 15, financial advisors […]
Monero Releases Privacy Boost Against Sneaky Network Nodes
Monero has released the ‘Fluorine Fermi’ update to enhance user privacy against spy nodes. What to know: Leading privacy blockchain Monero has released an important upgrade that significantly strengthens user protection against spy nodes. The blockchain announced CLI v0.18.4.3 ‘Fluorine Fermi’ on X, calling it a highly recommended release that enhances […]
‘Bitcoin Jesus’ to Settle U.S. Tax, Fraud Charges: NYT
Roger Ver is reportedly close to a settlement with the U.S. Department of Justice over criminal fraud and tax charges filed last year. Early Bitcoin investor and advocate Roger Ver is close to settling tax fraud charges with the U.S. Department of Justice, the New York Times reported Thursday. Often known as “Bitcoin Jesus” […]
Bitcoin’s On-Chain Profitability Has Surged With 97% of Supply Now in Profit: Glassnode
Glassnode says bitcoin’s breakout to record highs came on the back of $2.2 billion in ETF inflows and steady accumulation from smaller holders, not speculative hype. What to know: Bitcoin’s latest breakout is being fueled by institutions and steady on-chain demand rather than speculation, according to new data from Glassnode. […]
Europeans Can Now Live On The Bitcoin Standard With Bringin
Estonian-based Bringin has launched its full Bitcoin financial services platform after successful beta testing. The platform offers eurozone users a comprehensive solution to save, store, send, receive, and spend Bitcoin in one simple app, allowing them to ‘live the standard.’ Bringin, an Estonia-based Bitcoin financial services platform, has announced the […]
