crypto3 months ago
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.
Cointelegraph
crypto
The latest crypto headlines, updated continuously. · Page 171
crypto3 months ago
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.
CoinDesk
crypto3 months ago
The good and the bad of perps, according to crypto traders
Both retail and institutional traders worry about the funding rate.
CoinDesk
crypto3 months ago
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.
CoinDesk
crypto3 months ago
Ex-FTX users report funds being released in $900M distribution round
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.
Cointelegraph
crypto3 months ago
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.
Cointelegraph
crypto3 months ago
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products.
Cointelegraph
crypto3 months ago
US Treasury yields rise as TIPS challenge the inflation narrative
TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin.
Cointelegraph
crypto3 months ago
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia.
Cointelegraph
crypto3 months ago
Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.
CoinDesk
crypto3 months ago
Crypto faces 3 barriers to next bull run, STS Digital CEO says
Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler.
CoinDesk
crypto3 months ago
ECB says digital euro app will exceed EU accessibility standards
The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services.
Cointelegraph
crypto3 months ago
AMLBot launches AI Tracer for self-service blockchain investigations
Crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are stolen.
Cointelegraph
crypto3 months ago
Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.
CoinDesk
crypto3 months ago
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law.
Cointelegraph
crypto3 months ago
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover.
CoinDesk
crypto3 months ago
BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention.
Cointelegraph
crypto3 months ago
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs.
CoinDesk