Author Archives: pdgweb

Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025. Read More at https://cointelegraph.com/news/ubyx-raises-10m-to-standardize-stablecoin-redemption-and-drive-mass-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity. Read More at https://cointelegraph.com/news/xrpfi-defi-adoption-fxrp-flare-liquid-staking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term. Read More at https://cointelegraph.com/news/ethereum-staked-supply-hits-record?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks. Read More at https://cointelegraph.com/explained/this-crypto-trader-just-lost-100m-but-hes-still-not-done?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk. Read More at https://cointelegraph.com/news/tron-wall-street-implode-trx-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below. Read More at https://cointelegraph.com/news/watch-bitcoin-price-levels-ahead-of-fed-chair-powell-speech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say. Read More at https://cointelegraph.com/news/raw-backing-how-issuers-ensure-1-1-peg-tokenized-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029. Read More at https://cointelegraph.com/news/thailand-tax-exemption-crypto-income-five-years?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange. Read More at https://cointelegraph.com/news/gemini-accuses-cftc-enforcers-lawfare-civil-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Joey Bertschler, a former OpenAI employee, is now building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture. Read More at https://cointelegraph.com/news/former-openai-employee-launches-crypto-wage-startup?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound