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Crypto News
Reviewing the Tether Documents
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a…
A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF
Hint: It has to do with making money.
Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
Bitcoin Price Spikes to $138K on Binance.US
The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.
Crypto Sites Are Naming Fake Dispute Resolution Organizations: Canada’s Securities Regulator
Most organizations the regulator mentions have little or no online presence and, with one exception, aren’t working with any major crypto platforms.
FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says
Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said.
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit
The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC