The crypto market, US stocks and precious metals tumbled on Tuesday as the dollar index (DXY) rose 0.5% since midnight UTC to its highest level since January 19. The risk-off sentiment comes after the escalation of the conflict in Iran, with Israel launching new attacks on Tehran and Beirut, while the US embassy in Riyadh […]
A federal judge has dismissed a proposed class-action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling that they cannot be held liable for alleged “rug pull” tokens traded on the decentralized exchange’s protocol. In a ruling issued Monday by the U.S. District Court for the Southern District of New York,
US Judge Dismisses Uniswap Scam Token Class Action With Prejudice Read More »
Japan’s Economic Security Minister Sanae Takaichi said she had “absolutely no knowledge” of a Solana-based meme token bearing her name after the cryptocurrency briefly surged to a market cap of around $30 million. “I have heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded to some extent,” Takaichi wrote on
Japanese Prime Minister Sanae Takaichi Dismisses Solana Meme Coin After It Crashes 75% Read More »
Leading stablecoin issuer Tether has secured a sign-off from Deloitte for the first reserves report linked to its new US-regulated stablecoin, after years of struggling in relations with major accounting firms. Deloitte reviewed a report prepared by Anchorage Digital Bank, which issued the company’s new USAT token. In a letter released Monday, the accounting firm
Tether taps Deloitte for first USAT reserve report Read More »
Day four of the Middle East conflict brings renewed volatility to global markets during Tuesday’s pre-market, with a clear shift towards risk-off positioning. Bitcoin is down 3% over the past 24 hours, falling below $67,000 after briefly touching $70,000 on Monday. In equities, the Invesco QQQ ( QQQ ) ETF closed slightly higher to start
Bitcoin falls below $67,000 as US stocks fall and oil rises Read More »
Bitcoin BTC$68,105.70 is on the verge of reaching a major symbolic milestone with the issuance of its 20 millionth coin. According to the Clark Moody Dashboard, 19,996,979 BTC have been mined, leaving only about 3,000 BTC to go before the 20 millionth bitcoin is reached, about seven days away at current issuance rates. Once this
Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest days of inflows despite the ongoing conflict with Iran. The influx suggests that institutional investors are treating bitcoin’s recent volatility stemming from the war as contained rather than systemic.
The NEAR token climbed as much as 17% after the launch of “Confidential Intents,” a new private execution layer designed to shield trades from public view, extending a 40% weekly rally and outperforming both the CoinDesk 20 Index and the broader privacy token sector. The feature was first unveiled last week at NEARCON in San
NEAR Token Jumps 17% After ‘Confidential Intent’ Launch, Outpaces Privacy Token Sector Read More »
ProCap Financial (BRR), the first publicly traded agent finance company, has purchased 450 bitcoin BTC$68,918.83bringing his total holdings to 5,457 BTC. The acquisition makes ProCap the 19th largest publicly traded holder of bitcoin, while the company’s average cost basis per coin is lowered. Chairman and CEO Anthony Pompliano said the company is executing a two-pronged
Anthony Pompliano’s ProCap Financial Buys 450 BTC, Increases Share Buybacks Read More »
Australia is home to just 26 million people, but OKX is betting the country could become one of the most important digital financial markets in the developed world if policymakers move quickly enough. A new report backed by the exchange estimates Australia could unlock A$24 billion ($17 billion) in annual economic gains from tokenized markets,
Australia could unlock A$24 billion in digital finance gains, OKX report finds Read More »
