Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.
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Bitcoin finds willing dip-buyers after BTC price wicks to key $94K low
BTC price weakness spoils a rebound from local lows as Bitcoin institutions waste no time continuing to increase exposure.

How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine
Some pointed out the regulator's supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star. 520 Total views 6 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States…

Genesis tells clients it needs more time on financial woes after Gemini demands action
Genesis interim CEO Derar Islim has sent a second letter to clients to say the crypto lender is working on its liquidity issues resulting from the FTX collapse, but they’re not there yet. 404 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDerar Islim, interim CEO of crypto market…

Bitcoin nears $40K amid warning BTC price will correct before bull market resumes
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD. BItcoin (BTC) edged closer to $40,000 on June 3 as bulls gathered increasing signals that the bottom is in.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC/USD to $36,000 next?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining…

Cornered by Bear Market, Bitmain Is Facing an Unclear Future
On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and difficulties related to its initial public offering (IPO) during the last…

Binance CEO: Futures Trading Platform to Launch in September
Changpeng Zhao, CEO of top crypto exchange Binance, announced that the platform will launch futures trading in September.Zhao voiced this statement on Twitter during an “ask me anything” session on Aug. 28.According to Cointelegraph Japan, the company also “announced its focus on the staking business.”As Cointelegraph reported on July 2, Zhao revealed the company plans to…

Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s

XRP tops Bitcoin on Upbit with $2.6B of trading volume in 24 hours
Following a partial win in its long-running court battle with the SEC, Ripple’s XRP token surged over 90% on July 13, reaching a new yearly high of $0.91. 435 Total views 1 Total shares Trading volume of XRP (XRP) tokens on the South Korean crypto exchange Upbit has surpassed Bitcoin (BTC) in the past 24…