Tether stores $8b worth of gold in a secret vault in Swiss: report
Stablecoin issuer giant Tether reportedly owns almost 80 tons gold that backs its assets. The gold stockpile is kept in a vault in Switzerland in an undisclosed location for security reasons. According to a recent report by Bloomberg, Chief Executive…...
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CRO Price Flies to Monthly High, Bitcoin Stands Close to $109K (Market Watch)
Bitcoin’s rather dull price actions continued in the past 24 hours despite the asset’s brief attempts for a breakout. Several altcoins have posted more impressive gains within the same timeframe, including CRO, which skyrocketed by over 17% at one point, and LINK, which is up by 5%. CRO on...
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A deep dive into no-KYC crypto exchanges and their uses: Review and comparison
As demand for privacy grows in the crypto space, no-KYC exchanges like StealthEX, ChangeHero, and Swapuz offer fast, anonymous swaps, but not without trade-offs. #partnercontent...
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Crypto Trading Firm Galaxy Expands Institutional Staking With Fireblocks
Cryptocurrency trading firm Galaxy Digital (GLXY) is expanding its blockchain staking platform for large institutional customers with help from crypto custody specialists Fireblocks, the companies said Wednesday. With the integration, Galaxy’s staking services are now natively accessible to the more than 2,000 of the world’s largest financial institutions that...
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Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud
Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were not a cash-crunch response. The comany is...
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Anthony Pompliano’s ProCap Appears Better Than Peers Based on the BTC HODLer’s Own Data
Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to...
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The new ‘decentralization theater’: Crypto projects are still controlled by the few | Opinion
Without actual decentralization, the industry will find itself increasingly isolated even from the very communities it claims to empower....
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Polkadot Crypto Breaks Out of Two-Year Downtrend as Momentum Builds
After years stuck in reverse, the Polkadot crypto price just slammed the gearshift. DOT ▲4.26% has broken free from a two-year falling wedge, a textbook reversal pattern for traders who still believe in the long-term potential of this coin. 99Bitcoins analysts observed DOT reclaiming key resistance zones at $3.40...
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US Spot Bitcoin ETFs See Strong Momentum with Over $800M Inflows in Three Days
Institutional money is pouring back into U.S. spot Bitcoin ETFs at record rates. Bitcoin exchange-traded funds kicked off the week with a combined $217 million in net inflows, while Ether ETFs added another $62.11 million, continuing a strong start to July. BTC ▲0.19% volatility may be on summer break,...
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Pakistan Establishes Independent Digital Assets Regulator PVARA
Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset...
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