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Crypto News
Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13.
Bitcoin’s Crypto Market Dominance Slides by Most in 13 Months as XRP Court Ruling Spurs…
Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets.
Recently Exploited Crypto Bridge Shuts, Says China Detained CEO and His Sister
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."
XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit
The trading volume of XRP against the Korean won was the highest among all other counterparts .
Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg
The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.
Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023.
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum ‘Universal Settlement Layer’
With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one.
Real-World Asset Platform Ondo Finance Expands Tokenized Treasurys to Polygon
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
Celsius Network’s Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC
U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month.