Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.
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BlackRock’s Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source
Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.
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Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
Stand With Crypto, the campaign that’s meant to bombard lawmakers with crypto supporters in their own backyards, says it’s off to a fast start (with a lot of help from Coinbase).
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LIVE: Sam Bankman-Fried Retakes Stand After Rough Cross-Ex in FTX Fraud Trial
The defendant has tried to present an alternative explanation of his exchange’s collapse, but prosecutors quickly punctured that narrative.
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Celestia Mainnet Goes Live as 580,000 Users Receive Airdrop
Celestia has released its mainnet beta after issuing tokens to 580,000 users.
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Sam Bankman-Fried Needs Better Answers on the Stand
Bankman-Fried was charming in front of reporters before FTX collapsed. Now he’s just defensive.
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Blockchain Startup Etherfuse Rolls Out Tokenized Bonds in Mexico Targeting Retail Investors
The company is targeting the second-largest and most liquid bond market in LatAm.
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Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Existing stablecoins aren’t fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
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First Mover Americas: Solana’s SOL Gains 50% in October
The latest price moves in crypto markets in context for Oct. 31, 2023.
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Daniel Shin Blames Terraform Collapse on Do Kwon’s Management: Report
Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.