According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA. …
Coinbase
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USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings. Source link
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Coinbase
Kalshi outpaces Polymarket after pair feature in South Park episode
by Deirdre Knoxby Deirdre KnoxKalshi pulled in nearly $1.3M more than Polymarket after both platforms launched trades based on an episode of South Park featuring them. …
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No, the Dutch government isn’t creating a strategic bitcoin reserve
by Deirdre Knoxby Deirdre KnoxNews about a strategic bitcoin reserve in the Netherlands earned thousands of impressions — until a community note ended the excitement. Source …
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Circle rarely freezes stolen funds but wants reversible transactions3
by Deirdre Knoxby Deirdre KnoxCircle’s Arc wouldn’t support reversible transactions directly, but disputes would resolve on another layer “akin to credit card refunds.” Source link
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No crying in the casino: XPL bug hits Aster, Hypervault rug pull suspected
by Deirdre Knoxby Deirdre KnoxAster and Hyperliquid are locked in a duel for perp DEX dominance. Can the former lure traders faster than the latter loses …
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Justin Sun owns more TRX than everyone else combined, report
by Deirdre Knoxby Deirdre KnoxBloomberg has reported that Justin Sun controls approximately 63% of all Tronix (TRX) in the TRON protocol. Source link
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Knots proponent Luke Dashjr called TheRage’s claim that he’s planning a Bitcoin hard fork “completely unfounded lies.” Source link
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Pump Fun streamers are posting fake private jet crashes to drive engagement as metrics on the memecoin platform fall. Source link
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Coinbase
Years of hype but still no deal: SWIFT sidesteps XRP again.
by Deirdre Knoxby Deirdre KnoxFor years, XRP investors have targeted SWIFT but the interbank wire transfer giant just chose an Ethereum layer 2 blockchain instead. Source …
