June 2025 – Page 51

Tether Ranks Among Top Buyers of U.S. Treasuries in 2024, Firm Says

Tether, the crypto company behind the largest stablecoin USDT, said it would rank as the seventh largest net buyer of U.S. Treasury securities in 2024 among countries.The firm purchased...

Bitcoin Miners Feel Squeeze as Hashprice Erases Post-Election Gains

Bitcoin miners are facing renewed financial pressure as declining transaction fees and a hashprice drop push operational costs higher, according to TheMinerMag’s February 2025 report. Bitcoin’s hashrate climbed 3.8%...

How Ether.fi Retained TVL as Restaking Lost Its Luster

A year ago, restaking was one of the hottest areas of crypto, and projects like EigenLayer were heralded as the next big thing. Fast forward to mid-2025 and total...

Data Storage Protocol Walrus Raises 0M in Token Sale Ahead of Mainnet Launch

Data Storage Protocol Walrus Raises $140M in Token Sale Ahead of Mainnet Launch

The Walrus protocol, a blockchain-based veri storage platform, said it raised $140 million in a private sale of its native token, WAL, led by Standard Crypto. The mainnet of...

Gotbit Founder Aleksei Andriunin Pleads Guilty to Wire Fraud, Market Manipulation

Gotbit founder Aleksei Andriunin struck a plea deal with U.S. prosecutors on Wednesday that will see him serve no more than 24 months behind bars for his role in...

Biotech’s ATAI Life Sciences Joins Roster of Firms With Bitcoin Treasury Strategies

Another company has elected to add bitcoin (BTC) to its balance sheet. Christian Angermayer, the chairman of Germany-based biopharmaceutical company atai Life Sciences (ATAI) announced today that the firm...

Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says

The chief economist at the European Central Bank (ECB), Philip Lane, said Europe needs a digital euro to counter the foothold that dollar-linked stablecoins and U.S. electronic payments systems...

Inside Pump.fun’s Plan to Dominate Solana DeFi Trading

Solana's most profitable protocol Pump.fun is gunning for an even greater share of the chain's DeFi economy. The massively popular memecoin launchpad on Thursday unveiled a token swaps service...

Bitcoin DeFi Expansion Faces Fork Dilemma as Developers Explore ZK Proofs

Bitcoin developers looking to expand the blockchain's decentralized finance (DeFi) capabilities are likely to be considering zero-knowledge (ZK) proofs, functionality that's not currently available and which require a so-called...

As Congress Talks Up Its Earth-Shaking Crypto Bill, Regulators Are Already at Work

While the crypto sector's eyes are drawn to the policy fireworks in the White House and Congress, the financial agencies have been taking consequential bites out of the Biden...