Tether Brings USDT To Bitcoin With $7.5M Seed Round Investment
Tether (CRYPTO: USDT) co-led a $7.5 million seed round in Utexo to enable native USDT settlement on Bitcoin (CRYPTO: BTC) and Lightning Network as CEO Paolo Ardoino said “Bitcoin has always been central to Tether’s long-term vision for USDT.” The $7.5M Utexo Investment Tether co-led the round with Big...
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Kalshi faces class action over $54M bet on Iran leader’s departure
Kalshi faces a class action over a $54M prediction market on Iran Supreme Leader Ali Khamenei leaving office. The post Kalshi faces class action over $54M bet on Iran leader’s departure appeared first on Crypto Briefing....
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BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn....
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Kazakhstan Central Bank To Invest $350M In Crypto Starting April
Kazakhstan’s central bank formed a $350 million portfolio from gold and foreign exchange reserves for crypto-related investments starting April, focusing on crypto infrastructure companies and index funds rather than direct Bitcoin (CRYPTO: BTC) allocations. The $350M Allocation Governor Timur Suleimenov announced the investment program at a briefing on interest...
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Tether’s $7.5M bet on Bitcoin payments using USDT
As majors sell off, Tether quietly doubles down on turning Bitcoin into a $-settlement backbone via Lightning-native USDT rails. Tether has taken a calculated step to bind USDT more tightly to Bitcoin’s base layer, co-leading a $7.5M financing round for…...
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Curve Finance accuses PancakeSwap of copying its code without permission
A code dispute has surfaced between Curve Finance and PancakeSwap over the use of StableSwap technology. Curve Finance (CRV) has publicly accused PancakeSwap (CAKE) of copying parts of its code without permission. The allegation was posted on X on March…...
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Curve Finance accuses PancakeSwap of copying stableswap code without permission
This dispute highlights the need for clear licensing in DeFi, potentially impacting collaboration and innovation in the crypto space. The post Curve Finance accuses PancakeSwap of copying stableswap code without permission appeared first on Crypto Briefing....
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How BlockDAG could grow if market makers’ $0.05 target plays out — $1,000 could become $5,000
BlockDAG (BDAG) began trading at $0.01, establishing an early price benchmark that traders are now using to evaluate potential upside. Some market participants see $0.05 as a possible next milestone if liquidity and demand continue to build. When a token…...
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Solana ETFs Are Beating Bitcoin On Relative Flows Despite SOL Crash
Spot Solana ETFs have pulled in roughly $1.45 billion since launching in July even as SOL fell 57% over the same stretch, a combination Bloomberg ETF analyst Eric Balchunas called “about as unlucky timing as you’ll ever see in ETFs.” For crypto markets, the takeaway is not just the...
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Machi doubles down on leveraged ETH longs as market bleeds out
High-profile whale reloads on 25x ETH leverage despite racking up over $29.7 million in realized losses as majors slide and funding turns negative. In the middle of a red day for majors, on-chain data shows Machi (machibigbrother) wiring an additional…...
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