GateToken (GT) Burns 1,542,910.7518074 Tokens in Q1 2025, Steadily Reinforcing Long-Term Value
[PRESS RELEASE – Panama City, Panama, May 14th, 2025] GateToken (GT) has announced the successful completion of the on-chain burn of GateToken (GT) for the first quarter of 2025. A total of 1,542,910.7518074 GT has been transferred to the burn address, with its value exceeding $33.84 million. View transaction...
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Standard Chartered Will Provide Banking Services for FalconX to Enhance Cross-Border Settlement
Standard Chartered (STAN) is now providing banking services for institutional prime broker FalconX. The San Mateo, California-headquartered broker will access a range of currency pairs, helping to enhance the speed and reliability of its cross-border settlement, FalconX said in an announcement on Wednesday. Prime brokers are an important cog...
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Synthetix Considers Purchase of Options Platform Derive in $27M Token-Swap Deal
Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the protocol that gave it birth. The proposal, SIP-415 on Synthetix and DIP on Derive, needs to be approved by both communities...
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Synthetix wants to acquire Derive through a $27m token swap
Synthetix contributors have released a proposal to acquire options protocol Derive through a token swap deal involving 29.3 million SNX with a lock-up and vesting period, valued at approximately $27 million. On May 14, the DeFi protocol declared its intention…...
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All 12 Bitcoin ETFs See $96M Outflow as Market Pulls Back
On Tuesday, all 12 spot Bitcoin ETFs faced a combined net outflow of $96.14 million. Not a single fund recorded an inflow. This marks the largest daily outflow since April 16. The drop came as Bitcoin dipped to an intraday […] The post All 12 Bitcoin ETFs See $96M...
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Stablecoin legislation gets renewed bipartisan support in Senate: report
Lawmakers from both parties appear to be working to revive stablecoin legislation, after a failed vote linked to controversy over Donald Trump’s crypto ventures. Lawmakers in both parties are trying to quickly bring back the GENIUS Act, a stablecoin bill…...
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Curve Finance confirms migration to new domain after DNS hijack
Decentralized finance protocol Curve Finance has moved its official web domain from Curve.fi to Curve.finance following a DNS hijack that exposed users to phishing risks. In a statement to crypto.news, a Curve Finance spokesperson said the new domain Curve.finance is…...
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FalconX partners with Standard Chartered to expand institutional crypto offerings
FalconX has entered a strategic partnership with global banking group Standard Chartered to expand its institutional crypto offerings. This is the prime broker’s first partnership with a major traditional bank. The move demonstrates the growing demand from large investors looking…...
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Semler Scientific outpaces Bitcoin giants with 22.2% YTD BTC yield despite Q1 loss
Semler Scientific posted a 22.2% year-to-date Bitcoin yield in the first quarter of this year, outperforming major corporate BTC holders like Strategy and Riot Platforms. In its Q1 2025 earnings report released May 13, Semler Scientific, a publicly traded medical…...
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LINK price eyes a 20% surge as multiple bullish patterns emerge
The LINK price looks set for a potential 20% breakout as momentum builds from both technical patterns and growing adoption across the ecosystem. According to data from crypto.news, Chainlink (LINK) was up roughly 6% trading at $17.27 on May 14…...
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