Tether Reclassifies USDT on Older Networks as “Unsupported”
Tether is making a change to how it handles USDT on some of the older blockchains it once supported. Instead of freezing these tokens, the company is marking them as “unsupported.” This applies to networks like Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Transfers Will Still Work...
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EtherFi Channels $500 Million Into Bitfinex-Backed Plasma
Plasma is gathering serious traction in the DeFi space. Backed by Bitfinex, the stablecoin-focused Layer 2 just landed a major partner. EtherFi, the leading liquid restaking platform, is integrating its $500 million ETH vault directly into Plasma. This positions the network for a strong launch and gives users immediate...
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DeFi vs. CEX? CZ Says the Winner Is Clear – and It’s Not Centralization
At the recent BNBDay event in Tokyo, Binance founder Changpeng “CZ” Zhao said decentralized exchanges (DEXs) will eventually surpass their centralized counterparts (CEXs) in trading volume. CZ noted that while CEXs currently dominate the market due to their liquidity and user-friendly experience, the momentum is shifting toward decentralized finance...
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El Salvador relocates Bitcoin reserve into multiple wallets to reduce exposure to quantum attacks
El Salvador’s move highlights growing concerns over quantum computing’s potential to disrupt cryptographic security in financial systems. The post El Salvador relocates Bitcoin reserve into multiple wallets to reduce exposure to quantum attacks appeared first on Crypto Briefing....
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Are ETFs Taking Over Bitcoin Trading Volume? Data Says No
On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs. US Bitcoin Spot ETFs Still Account For Just 13% Of Trading Volume In a new post on X, on-chain analytics firm CryptoQuant has talked about how...
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Bitcoin To Hit $1 Million? Eric Trump Shares Optimistic Outlook On Cryptocurrency
At the Bitcoin Asia conference in Hong Kong, Eric Trump, the son of President Donald Trump, predicted that the market’s leading cryptocurrency, Bitcoin (BTC) could soar to $1 million within the next few years, which could represent a major 825% increase from current levels. Eric Trump Bullish On Bitcoin...
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ZachXBT Blasts Ripple Holders, Reveals Why He Does Not Assist/Support The XRP Community
The crypto space is talking after blockchain investigator ZachXBT turned his attention to Ripple investors and the XRP community at large. In a series of direct posts, he stated that he does not support Ripple holders and even joked that he would mock anyone who sent him a private...
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Tron Cuts Network Fees By 60% To Strengthen Position In Stablecoin Market
The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem development. Fee Adjustments On Tron The proposal...
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CoinShares Reports $32.4 Million Net Profit in Q2, What’s Behind The Gains?
European crypto asset manager CoinShares has released its second-quarter results, showing a net profit of $32.4 million. The figure, while slightly down 5.3% from the prior quarter, represents a 1.9% increase year-over-year, supported by growing management fees, improved treasury performance, and strong momentum in physically backed products. The company...
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Elon Musk’s lawyer to chair $200M Dogecoin treasury: Report
Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge....
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