Somnia taps Frax to launch USDso stablecoin for high-frequency DeFi
Somnia’s new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia’s high-throughput DeFi ecosystem. How USDso is structured on Somnia Somnia, a high-throughput L1 developed with Improbable and the Somnia Foundation, has…...
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Cipher Digital secures $200M credit line to scale AI and HPC footprint
Cipher Digital secures a $200M revolving credit facility to fund its pivot from Bitcoin mining to long-duration, AI and HPC data center revenues anchored by multi-campus leases. New credit facility underpins data center growth Cipher Digital said in its first-quarter…...
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US aircraft carrier USS George H.W. Bush conducts operations in Arabian Sea
The USS George H.W. Bush’s operations highlight sustained US military pressure, impacting maritime traffic and geopolitical stability in the region. The post US aircraft carrier USS George H.W. Bush conducts operations in Arabian Sea appeared first on Crypto Briefing....
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Stock Market Today: Dow, S&P 500, Nasdaq Futures Rise As Traders Monitor US-Iran Ceasefire— Duolingo, Pinterest, AMD In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures rose on Tuesday after Monday’s lower close, following the announcement of “Project Freedom” by President Donald Trump. The U.S. military said on Monday that it destroyed six Iranian small...
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Suspected Multicoin-linked wallets stake $82M in HYPE on HyperCore
HyperCore staking by Arkham-flagged Multicoin wallets locks $82M in HYPE, deepening a concentrated, yield-bearing bet on Hyperliquid’s DeFi-native L1. Arkham flags Multicoin-associated HYPE staking activity According to market monitors citing Arkham’s AI attribution engine, an address predicted to be associated…...
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Iran refuses US meeting as envoys visit Pakistan for talks
Iran’s refusal to meet US officials highlights ongoing diplomatic challenges, potentially delaying direct negotiations and impacting regional stability. The post Iran refuses US meeting as envoys visit Pakistan for talks appeared first on Crypto Briefing....
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Russia launches massive missile, drone assault on Dnipro, injuring 30
The attack highlights ongoing instability in Eastern Europe, reducing ceasefire prospects and maintaining current NATO-Russia conflict perceptions. The post Russia launches massive missile, drone assault on Dnipro, injuring 30 appeared first on Crypto Briefing....
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Coinbase Slashes Jobs by 14% to Become ‘Lean, Fast, AI-Native’
Coinbase will reduce its workforce by about 14% as the company adjusts to current market conditions and changes driven by artificial intelligence. In a post on X, the exchange’s CEO Brian Armstrong explained that two major factors influenced the move. Smaller Teams, Bigger Roles First, he cited the ongoing...
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Crypto Exchange Bullish Strikes $4.2B Deal to Acquire Equiniti
The digital assets exchange Bullish is all set to acquire Equiniti, a global transfer agent, in a deal valued at $4.2 billion. The transaction includes $1.85 billion in assumed debt and about $2.35 billion to be paid in Bullish stock. Bullish said the deal will bring together its blockchain-based...
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Bitcoin Hits $81,000, Analysts Laud Buying Opportunity: What Is Going On?
Bitcoin (CRYPTO: BTC) tapped $81,000 on Tuesday morning as several indicators signal a buying opportunity, according to crypto analyst Michaël van de Poppe. The Q4 2022 Parallel Van de Poppe noted that the current perpetual funding rate remains negative at 5% annualized, meaning shorts are paying longs. This doesn’t...
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