The DeFi firm warns that key details about tokenized settlement remain undisclosed, raising questions about market fairness. Ondo Finance has published an open letter to the U.S. Securities and Exchange Commission (SEC) asking it …
DeFi Market
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 …
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
Bitcoin Slides Below $107,000 as Crypto Market Hits Four-Day Losing Streak
by adminby adminBTC 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, …
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 …
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 …
- 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 …
Paxos’ $300tn stablecoin blunder sparks confusion amid firm’s trust charter bid – DL News
Paxos 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 …
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 …
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 …