The Bank of England’s stablecoin limits received fresh criticism. Restricting stablecoin use sends ‘terrible signal’ …
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news
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DeFi Ecosystem
Paxos’ $300tn stablecoin blunder sparks confusion amid firm’s trust charter bid – DL News
by adminPaxos accidentally minted $300 trillion of PayPal’s stablecoin. It’s not clear how the firm made …
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DeFi Ecosystem
Bain Capital, Apollo pile in as crypto companies raise $2.5bn in October – DL News
by adminWeekly Raise Total investment into crypto firms has already blown past $19 billion this year. …
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Ripple has acquired GTreasury for $1 billion. The company provides treasury management services. In the …
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DeFi Ecosystem
Tether froze $44m in crypto for the Bulgarian police. A Texas firm is suing to get it back – DL News
by adminA Texas company is suing Tether for freezing $44 million USDT “improperly and unreasonably.” Tether …
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DeFi Ecosystem
Ethereum researcher heralds ‘extraordinary’ progress for network’s next 100x scaling opportunity – DL News
by adminReal-time proving is gaining steam. The technique will help scale Ethereum. The network has long …
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DeFi Ecosystem
How Bitcoin’s ‘quick reset’ after $19bn flash crash sets stage for new highs this year – DL News
by adminAnalysts say structural demand remains strong even as geopolitical and macro risks loom. ETFs see …
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DeFi Ecosystem
Traders are still betting Bitcoin price will blow past $130,000 this year even as risks persist – DL News
by adminBitcoin traders remain bullish despite a record-breaking wipeout last week. Analysts warn that traders are …
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DeFi Ecosystem
Bittensor’s TAO jumps 32% as investors eye institutional adoption and first halving – DL News
by adminBittensor’s TAO token is up 32% this week. That’s despite crypto markets experiencing their biggest …
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DeFi Ecosystem
Bitcoin ‘still qualifies’ for debasement trade as gold towers to fresh record, analysts say – DL News
by adminGold surged to a fresh price record of $4,210 on Wednesday. Bitcoin hasn’t been able …