Tether CEO Dismisses Suggestions Company Sold Bitcoin to Buy Gold
Tether CEO Paolo Ardoino has dismissed suggestions that the stablecoin company has been offloading its bitcoin holdings in order to buy gold. Ardoino said Tether, issuer of the world’s largest stablecoin USDT, “didn’t sell any bitcoin,” in a post on X on Sunday. The Tether CEO was responding to...
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NASDAQ Seeks Nod From U.S. SEC to Tokenize Stocks
NASDAQ, the U.S. exchange where the tech sector’s biggest names list their stocks, is seeking to put stocks on the blockchain, asking the U.S. Securities and Exchange Commission on Monday to bless its effort even as others in the securities world are sprinting toward the same tokenization goal. If...
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Crypto Markets Today: ENA, DOGE Rally as Bitcoin Downside Concerns Linger
Most cryptocurrencies are in the green, with tokens like Ethena’s ENA and dogecoin (DOGE) looking to better their already impressive double-digit 24-hour price gains. The CoinDesk 20 Index (CD20), a measure of the broad market, is 2% higher with 16 members advancing. Still, Alex Kuptsikevich, the chief market analyst...
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Forward Industries raises $1.65b to fuel Solana treasury push
Galaxy, Jump Crypto, and Multicoin are among the companies that backed Forward Industries’ pivot to Solana. Altcoins are increasingly capturing interest among Wall Street investors. On Monday, September 8, Nasdaq-listed Forward Industries announced that it raised $1.65 billion through a…...
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Massive Whale Buys Push HYPE to New All-Time High
TL;DR Whales accumulated $24M in HYPE within hours, fueling momentum as the price closes in on ATH. Technical charts show a strong support trend line, with $52 resistance key for the next bullish breakout. Hyperliquid governance vote on USDH ticker may redirect $5.5B and yield $220M annually. Whales Accumulate...
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Galaxy, Jump, Multicoin lead Forward Industry’s $1.65B Solana treasury raise
Forward Industry’s $1.6 billion SOL corporate treasury would be nearly triple the size of the largest existing Solana reserve....
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Sui-based Nemo Protocol exploited for $2.4m
Nemo Protocol, a DeFi yield platform built on the Sui blockchain, has been hit by an exploit that drained millions in stablecoins. PeckShieldAlert first flagged the breach on September 8, posting on X that roughly $2.4 million in USDC had…...
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HashKey to launch Asia’s largest multi-currency DAT fund, targeting $500M+
HashKey Group is launching a $500 million perpetual fund focused on institutional investment in digital asset treasury projects. HashKey Group, one of Asia’s leading digital asset financial services firms, has announced the launch of a new Digital Asset Treasury fund,…...
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Nasdaq files with SEC to allow trading of tokenized securities on its platform
Nasdaq’s move could revolutionize securities trading, potentially increasing market efficiency and accessibility while posing regulatory challenges. The post Nasdaq files with SEC to allow trading of tokenized securities on its platform appeared first on Crypto Briefing....
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Grayscale files to convert Chainlink trust into ETF
Grayscale’s ETF conversion could enhance Chainlink’s market presence, potentially influencing broader crypto ETF adoption and regulatory frameworks. The post Grayscale files to convert Chainlink trust into ETF appeared first on Crypto Briefing....
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