cryptobriefing
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Tether uses gold to back new synthetic dollar as gold is less volatile than Bitcoin, says Paolo Ardoino
Key Takeaways Tether’s new gold-backed digital asset aims to enhance user confidence with blockchain technology. Tether’s CEO sees the US…
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Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company’s founder maintains a…
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SingularityNET, Fetch.ai, and Ocean Protocol launch FET token on Cardano
Key Takeaways The ASI Alliance has launched the FET token on Cardano to promote a decentralized AI ecosystem. Enhanced tools…
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Stablecoin supply reaches $162 billion amid rising institutional demand and liquidity hunt
Key Takeaways Stablecoin supply grew by 3% in August, reaching $162.1 billion despite crypto market downturn. Tether (USDT) leads the…
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VanEck to liquidate Ethereum futures ETF as its crypto strategy shifts
Key Takeaways VanEck’s EFUT ETF will stop trading on September 16, 2024, and liquidate by September 23. Shareholders to receive…
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Ripple co-founder backs Kamala Harris alongside 87 other executives
Photo by edmund on wallpapers . com Key Takeaways Chris Larsen, Ripple co-founder, signed a letter with 87 corporate leaders…
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Major Japanese banks back stablecoin platform for cross-border settlements
Key Takeaways Project Pax aims to resolve global payment inefficiencies with stablecoins. Japan’s rate hike impacts Bitcoin, highlighting crypto market…
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Russia mined nearly 54,000 Bitcoin in 2023, says industry expert
Key Takeaways Russia mined approximately 54,000 Bitcoins in 2023. New legislation aims to regulate and support the mining sector. Share…
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Telegram updates policy, allows users to report illegal content in private chats
Key Takeaways Telegram has changed its policy to allow users to flag illegal content in private chats. CEO Pavel Durov…
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US Bitcoin ETFs hit 7-day losing streak, outflows surpass $1 billion
Key Takeaways Fidelity’s Wise Origin Bitcoin Fund saw the largest outflow with $374 million leaving in the seven trading days.…
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