If cryptocurrency was an engine, Tether (USDT) is one of its pistons. Over the past seven years, the maverick stablecoin has evolved into a primary crutch for the ecosystem. It’s a tool for onboarding ...
On Tuesday, Jack Mallers’ Bitcoin-focused payments app Strike responded to a media inquiry about a customer database breach, saying, “There’s no evidence that Strike was breached.” However, within ...
On Wednesday, Polygon experienced a blockchain quirk affecting 157 blocks or approximately five minutes worth of network activity. After blocks appeared to have stopped being produced for several ...
Authorities in France have arrested Pavel Durov, the founder of Telegram and Russia’s largest social network, VK. Last week, he was in Azerbaijan at the same time as Vladimir Putin. Around the world, ...
ProtonMail, a managed email service popular with the crypto community, surrendered a user’s information to Spanish authorities, leading privacy rights advocates to claim it had violated its sworn ...
Crypto trading hamster Mr. Goxx is up nearly 30% since they started buying and selling digital assets — outperforming Bitcoin, the S&P 500, and even Warren Buffett’s Berkshire Hathaway. Mr. Goxx, who ...
Tether (USDT) is the world’s largest stablecoin. Commanding a $72 billion market capitalization, Tether’s peg has mostly remained $1 since its founding in October 2014. Tethers are backed by an ...
The lead plaintiff in a recently filed lawsuit against memecoin platform Pump Fun is reportedly still using the site despite having lost almost $50,000 trading its tokens. In the lawsuit filed ...
According to a recent Bank of International Settlements (BIS) working paper, a bank run on a major stablecoin issuer could cause “potential fire sales” in short-dated Treasuries. Researchers claim ...
Scott Purcell has resigned as chief exec (CEO) of Fortress Trust after its proposed acquisition by Ripple fell apart, Fortune has reported. Rich Hauschild, who was previously chief operating officer ...
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For 28 months, the basic premium of Strategy’s (formerly MicroStrategy) common stock, MSTR, to its bitcoin (BTC) holdings has been declining, and has now fallen below 1x. Since July 2023, it would ...