Author Archives: pdgweb

Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow. Read More at https://cointelegraph.com/news/yield-bearing-stablecoins-lose-3-5-billion-q2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis. Read More at https://cointelegraph.com/news/ofac-134-isis-k-crypto-wallets-tether-freezes-131?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Taiko restored bridge transfers after replenishing asset backing and completing security fixes following an 11-day network disruption. Read More at https://cointelegraph.com/news/taiko-reopens-bridge-1-7m-exploit-users-made-whole?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Metaplanet bought 2,823 Bitcoin during the second quarter, reducing its average acquisition cost to $106,500 per BTC, and reported $10.9 million in revenue from its income generation strategy. Read More at https://cointelegraph.com/news/metaplanet-buys-2823-btc-surpasses-43000-bitcoin-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

OpenAI has reportedly discussed giving the US government a 5% equity stake in early Trump administration talks as Washington tightens AI model oversight. Read More at https://cointelegraph.com/news/openai-5-percent-stake-us-government-trump-talks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading. Read More at https://cointelegraph.com/news/robinhood-links-with-dydx-labs-to-launch-new-dex-arcus?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

French Interior Minister Laurent Nuñez promised a “more ambitious” three-part plan to reinforce security measures for the crypto sector. Read More at https://cointelegraph.com/news/french-wrench-attacks-rise-to-77-as-government-promises-more-support?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The June close above realized price but below the 200-week moving average “signals the bear bottom is still ahead per prior cycles,” one analyst said. Read More at https://cointelegraph.com/news/renowned-analyst-predicts-btc-drop-to-52k-after-worst-june-since-2022?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The funding round is Venice AI’s first external capital raise since it launched in May 2024. Read More at https://cointelegraph.com/news/venice-ai-becomes-a-unicorn-as-ai-privacy-concerns-grow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Trump sons’ American Bitcoin hit a low on Wednesday ahead of the company’s reverse stock split, which aims to buoy shares and keep it on the Nasdaq. Read More at https://cointelegraph.com/news/trumps-american-bitcoin-sinks-ahead-of-reverse-stock-split-to-stay-listed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound