In a significant financial milestone, Tether has disclosed its Q3 attestation report, showcasing an unprecedented 85.7% of its total reserves allocated to cash and cash equivalents. This figure marks the highest percentage of cash reserves in Tether’s history. The majority…
Solana Labs, a leading name in blockchain technology, has rolled out GameShift, an innovative platform that redefines the landscape of blockchain-powered game creation on the Solana network. GameShift introduces a groundbreaking API designed to streamline blockchain complexities, freeing developers to…
On the occasion of Halloween, U.S. SEC Chair Gary Gensler playfully took a jab at Bitcoin’s enigmatic creator, Satoshi Nakamoto. However, beneath the humor lay a serious message directed at cryptocurrency companies: comply with securities laws. Gensler’s assertive regulatory approach…
Jed McCaleb, a co-founder of Ripple and prominent cryptocurrency figure, is at the forefront of a groundbreaking initiative. Voltage Park, a non-profit organization backed by McCaleb, has introduced a formidable cloud computing cluster comprising a staggering 24,000 GPUs. This cutting-edge…
The Chicago Mercantile Exchange (CME), a regulated institution, has achieved a remarkable feat by rising to become the second-largest Bitcoin futures exchange. With a notional open interest now standing at an impressive $3.54 billion, CME’s ascent in the crypto derivatives…
Kasikorn Bank, widely recognized as K-Bank, has made a strategic move in the cryptocurrency space by acquiring a commanding 97% stake in the parent company of the Satang crypto exchange. The deal, valued at 3.705 billion Thai baht ($102.8 million),…
Zodia Custody, the digital asset custodian with strong backing from Standard Chartered, is making significant strides in the cryptocurrency sector by extending its services to Hong Kong. This expansion follows Zodia’s recent forays into the Australian and Singaporean markets. With…
In a surprising turn of events, Brazil has witnessed a surge in USDT transactions, totaling a staggering $271 billion Brazilian reais (~$55 billion) this year. This remarkable milestone has propelled USDT transactions beyond the volume of Bitcoin transactions within the…
Commissioner Hester Peirce of the U.S. Securities and Exchange Commission (SEC) has expressed her concerns about the SEC’s approach to charges against the crypto startup LBRY. Peirce contends that there is currently no clear regulatory pathway for companies like LBRY…
Chainlink’s native token, LINK, is making waves in the crypto market with an impressive 6% surge in the past 24 hours. This surge is particularly noteworthy as Bitcoin and Ethereum prices remain relatively stable. The LINK token’s market capitalization has…
