The incident highlights vulnerabilities in stablecoin reserve management, emphasizing the need for stricter oversight and transparency in the sector. The post Justin Sun quietly rescues TUSD after $456 million reserves become illiquid appeared first on Crypto Briefing....

More than 80% of institutional investors plan to buy more crypto throughout 2025. This is just one of the many key takeaways from a recent report that comes from Coinbase (one of the largest crypto exchanges in the world) and EY-Parthenon, the strategy consulting arm of EY (formerly Earnst...

Alabama lawmakers have introduced legislation to allow the state to invest public funds in Bitcoin.  The latest proposal, Senate Bill 283, was filed this week by Sen. April Weaver as a companion to House Bill 482, which was introduced in…...

Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuer said in Hong Kong court documents. After acquiring TrueUSD from TrueCoin in December 2020, Techteryx appointed First Digital Trust (FDT),...

Metaplanet has purchased an additional 160 Bitcoin worth $13.39 million, pushing its total holdings to 4,206 BTC, according to Metaplanet CEO Simon Gerovich. The Japanese company paid about 12.49 million yen ($80,063) per Bitcoin in this latest acquisition, according to a statement released April 2. The Asian Bitcoin Champion The...

Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia.  Celestia is a modular blockchain designed to scale decentralized applications. The new product, listed in an investor-preferred wrapper will allow institutional and retail…...

Seamless’s migration to Morpho’s DeFi infrastructure could enhance innovation and efficiency, potentially reshaping the DeFi lending landscape. The post Seamless Protocol migrates lending infrastructure to DeFi protocol Morpho appeared first on Crypto Briefing....

Bitcoin price held steady above $80,000 as crypto and stock investors remained cautious ahead of Donald Trump’s Liberation Day tariff speech. Bitcoin (BTC) was trading at $84,500, up 10% from its March low. Meanwhile, U.S. stock market futures pointed lower,…...

Bitfarms (BITF) announced an initial agreement for a private debt facility of up to $300 million with Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets. The funding will support Bitfarms’ initial development of its high-performance computing (HPC) data center at Panther Creek, Pennsylvania—expected to...

Crypto asset manager Grayscale has listed two new exchange-traded funds (ETFs) that offer investors a differentiated source of income through bitcoin’s (BTC) characteristic volatility. The two New York Stock Exchange-listed funds will start trading on Wednesday. The Bitcoin Covered Call ETF (BTCC) and Bitcoin Premium Income ETF (BPI) offer...