Tokens Linked to Defunct Terra Shoots 70% on Bitcoin Linking, Burn Program
These tokens have been among the strongest performers among the top hundred tokens by market capitalization in the past week.
Financial
Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
Having created trading pairs on Archax between bitcoin and tokens showing ownership of an abrdn money-market fund, the firms talk for the first time about using this institutional-grade token as collateral elsewhere.
Duo Behind $9M Platypus Exploit Acquitted by Paris Court: Report
Charges were dropped after one of the accused argued he was an “ethical hacker,” according to French news publication Le Monde.
UK Lawmakers Urge Lower Digital Pound Holding Limits
They also want the government to tweak plans to make müddet the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.
TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers
Bitcoin, ether and tether withdrawals will open on Poloniex in the coming weeks.
Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator
The release will be the second core product in the Mantle ecosystem, and comes just 6 months after the Mantle Network went live.
Coinbase, MicroStrategy Jump in Premarket Trading as Bitcoin Rallies
Bitcoin is trading at levels previously seen in April 2022, shrugging off a tough year marked by several implosions and regulatory clampdowns.
Institutional Traders Split Between Bitcoin, Ether: Bybit Research
Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived “safe” assets.
Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say
The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.