Tag: News

Stripe Taps Paradigm’s Matt Huang to Lead New Blockchain Tempo: Fortune

Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture firm Paradigm, as the chief executive officer of its upcoming blockchain Tempo. Huang, who already sits on Stripe’s board, will retain his position at Paradigm. That’s according to Fortune, citing sources familiar with the project. The move...
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Risk-On Rules as CPI Fails to Dent Rally: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) Two years ago, I posted on X that the new normal for U.S. inflation in the post-COVID world is much higher than the Federal Reserve’s 2% target. The market’s reaction to Tuesday’s hotter-than-expected U.S. core CPI report suggests a growing...
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Metaplanet to Launch Preferred Shares, Bitcoin-Backed Yield Curve Plan

Tokyo-based investment firm Metaplanet (3350) has unveiled two major strategic initiatives aimed at deepening its integration of bitcoin (BTC). The announcements came as the company posted strong second-quarter results, with revenue climbing 41% quarter-over-quarter to 1.239 billion yen ($8.4 million) and net income swinging to a 11.1 billion yen...
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Memecoin Launchpad Odin.fun Suffers $7M Liquidity Exploit

Hackers drained 58.2 bitcoin (BTC), worth about $7 million, from memecoin launchpad Odin.fun in a sophisticated liquidity manipulation exploit that is being linked to China-based hacking groups. The attack targeted the Bitcoin-based memecoin launchpad’s automated liquidity market-making system, which co-founder Bob Bodily later described as having a critical vulnerability....
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Bitcoin Depot Shares Recover Slightly In Wednesday Pre-Market: What’s Going On?

Shares of Bitcoin Depot Inc. (NASDAQ:BTM) edged higher in Wednesday’s pre-market trading after the cryptocurrency ATM operator reported nearly a threefold jump in second-quarter profits. BTM is showing upward movement. See if it is worth your attention here. Bitcoin Rally Helps Drive Earnings The company’s net income skyrocketed 183%...
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Tezos to Feature Liquid Staking With stXTZ Launch on Etherlink

A new functionality is being introduced to the Etherlink ecosystem, which is built on top of Tezos’ rollup technology, that aims to expand the use cases. New Capabilities Shared to CryptoPotato via a news release, the creators behind Stacy.fi, a staking platform built on the Tezos blockchain, have introduced stXTZ, a...
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