Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.
Bitcoin recovers from Strategy’s BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned.
BonkDAO reports $20M theft from ‘malicious governance proposal’
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.”
Ripple secures full MiCA license for crypto services across Europe
The Luxembourg approval completes the company’s MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area.
UN agency moves Stellar blockchain payment initiative beyond pilot stage
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs.
Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine’s big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.
TeraWulf shares rise after $19B Anthropic AI lease, JV sale
The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy’s 3,600 BTC sell-off, but analysis eyed a potential buy announcement in the coming days.
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000.
Crypto hacks fell 47% in H1 but ecosystem is no safer: CertiK
Crypto exploits rose 59% quarter-on-quarter to $807.5 million in Q2, due partly to the KelpDAO and Drift Protocol exploits, which came at the hands of North Korean hackers.