Tether to Perform $2 Billion USDT Chain Swap to Ethereum
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether…
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Trump’s Victory Sparks Massive Politifi Token Meltdown
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in…
Coinbase Involved in Asset Listing Controversy: Sun and Cronje Speak
Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of…
Truth Terminal Creator Faces Devastating Hack — Solana Meme Coin GOAT Plunges
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported…
US Treasury Yield Curve Bear Steepens as 2024 Election Looms, Economic Concerns Mount
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting…
BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep…
Bitcoin White Paper Turns 16: Despite Mainstream Status, Satoshi’s Proposal Is as Valid as Ever
16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as…
Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines
This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring…
Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program
A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly…
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with…