HYPE Jumps 28% in a Week as Capital Rotates Into On-Chain Infrastructure; LiquidChain Nears $1M in Presale
Hyperliquid’s native token HYPE climbed 28% over the past seven days, briefly surpassing Solana on a fully diluted valuation basis as capital rotated out of larger crypto assets and into higher-growth on-chain infrastructure plays. That shift has…
Bitcoin Slips to $77.2K as Macro Pressure Builds, While LiquidChain Presale Nears $780K
Bitcoin has dropped from its May 6 high just below $83,000 to around $77,200 as risk assets come under renewed pressure from rising bond yields, sticky inflation concerns and geopolitical uncertainty. The total cryptocurrency market capitalization now…
Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market
Recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s choppiness during this period, driven by Bitcoin’s price movements.…
A lawsuit demanding Tether to Pay over $344 million in frozen Iranian funds
Attorney Charles Gerstein filed a claim in Manhattan federal court Thursday seeking to force Tether to transfer 344,149,759 USDT, roughly $344 million, frozen at two Tron wallet addresses designated by OFAC as belonging to Iran’s Islamic Revolutionary…
Hyperliquid Jumps 17% as Senate Committee Advances Crypto Market Structure Bill
Hyperliquid’s HYPE token jumped over 17% in the last 24 hours to about $46 after the U.S. Senate Banking Committee passed the Digital Asset Market Clarity Act in a 15-9 bipartisan vote, a move many traders see as a big step toward clearer federal…
Iran’s Hidden Crypto Trails Exposed As Arkham Publishes Public Wallet Map
Blockchain analytics firm Arkham has built a public, searchable map of crypto wallets that links to Iran’s central bank.
Tether’s Definitive Pivot: Audit, Regulation, and the Pursuit of Institutional Trust
Tether gets an comprehensive financial audit by KPMG.
Kraken Resumes Crypto Staking for U.S. Customers
Cryptocurrency exchange Kraken has officially resumed its staking services for the U.S. customers, marking a significant comeback after a regulatory battle with the Securities and Exchange Commission (SEC), forced it to shut down staking in 2023. On…
Tether Adds USDT to the Aptos Blockchain
Tether Operations Limited, the company behind the world’s largest stablecoin, has announced the launch of its U.S. dollar-pegged token, USDT, on the Aptos blockchain. This strategic move marks a significant milestone in the digital assets industry,…
Tether Reports Record-Breaking $1.3 Billion Net Profit for Q2 2024
Tether Holdings Limited, the issuer of the world’s largest stablecoin, has announced a net profit of $1.3 billion for the second quarter of 2024. This milestone marks Tether’s highest quarterly profit to date, contributing to a record-breaking $5.2…