Bitcoin extended its week-long decline, sliding to its lowest level since July as renewed US–China trade tensions and heavy fund outflows forced another wave of liquidations across crypto markets. According to CryptoSlate data, Bitcoin …
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DeFi Market
Net Asset Values (NAVs) in digital asset treasuries (DATs) have collapsed, but this is not as bad as it sounds and can be viewed as an opportunity for savvy investors, according to 10x Research. …
- DeFi Market
Paxos’ $300tn stablecoin blunder sparks confusion amid firm’s trust charter bid – DL News
by adminby adminPaxos accidentally minted $300 trillion of PayPal’s stablecoin. It’s not clear how the firm made such a colossal mistake. The firm applied for a banking charter in August. Paxos’ erroneous creation of trillions worth …
CoreWeave (CRWV) announced its commitment to acquiring artificial intelligence (AI) miner Core Scientific (CORZ) under an all-stock deal that was originally agreed on July 7. In an open letter, CoreWeave called the offer “best …
Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the …
- DeFi Market
Judge to rule next month if Nigeria can sue Binance for $81bn after email blunder – DL News
by adminby adminBinance is accused of $81 billion in economic distortion. The exchange is also facing two other criminal cases in Nigeria. Nigeria has been prosecuting Binance since 2024. Six months after accusing Binance of inflicting …
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to …
DeFi Market
Bitcoin Slides Below $107,000 as Crypto Market Hits Four-Day Losing Streak
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BTC and ETH fell again on Friday amid global tensions and macroeconomic uncertainty. The cryptocurrency market fell again on Friday, extending a four-day losing streak as investors grappled with rising geopolitical tensions, trade uncertainties, …
Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced Friday that he’s joining Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm. Feist said he will …
The deal values the upcoming payments-focused blockchain at $5 billion. Tempo, a payments-focused blockchain developed by Stripe and Paradigm, has raised $500 million in a Series A round led by Joshua Kushner’s Thrive Capital …
