Tether, issuer of the world’s largest stablecoin USDT, has significantly expanded its US Treasury bill holdings, surpassing Germany in the process. As of Q1 2025, Tether’s Treasury bill holdings exceed $120 billion, making it the 19th largest holder globally, a…
Revolut, a European neobank with integrated crypto services, is significantly expanding its presence in France. The company announced a planned investment exceeding €1 billion ($1.1 billion) and the application for a French banking license during the Choose France summit on…
Crypto drainers are malicious scripts stealing cryptocurrency by tricking users into connecting their wallets and authorizing unauthorized transactions. Unlike phishing for login credentials, drainers exploit wallet connections to directly access funds. Often disguised as legitimate Web3 projects, they are spread…
Bitcoin’s recent price action saw a dramatic surge to near $107,000, followed by a swift 4% correction. This “liquidity grab” temporarily squeezed out short sellers and trapped late long positions, creating a classic market pattern. While the May 18th daily…
Tether, the issuer of the world’s largest stablecoin, USDT, has significantly expanded its US Treasury bill holdings, surpassing Germany’s $111.4 billion in investments. This strategic move reflects Tether’s commitment to a diversified reserve strategy designed to mitigate cryptocurrency market volatility.…
Dubai’s Virtual Assets Regulatory Authority (VARA) has mandated that all licensed digital asset companies must comply with updated Rulebooks by June 19, 2025. These updated Rulebooks, Version 2.0, aim to bolster market integrity and strengthen risk oversight within the burgeoning…
The “DeFi Mullet”—a combination of user-friendly fintech front-ends and efficient DeFi back-ends—represents a significant shift in the financial landscape. Fintech companies, while offering excellent user experiences, are hampered by the limitations of traditional financial infrastructure: it’s siloed, slow, expensive, and…
Bitcoin experienced a significant downturn on May 19th, shedding over 4.5% of its value and dropping to approximately $102,000. This marked its most substantial daily decline in over a month, fueled by broader risk-off sentiment in the market. Moody’s downgrade…
Bybit, a cryptocurrency exchange, addressed a glitch impacting a single user’s Apple-based KYC system. The issue, reported on May 18th via an X post by the Bybit China Team, involved withdrawal restrictions stemming from a KYC verification anomaly when logging…
Bitcoin Liquidation Maps: A Guide for Smarter Trading Bitcoin’s volatility necessitates understanding liquidation maps, visual tools showing potential price shifts due to large order liquidations. Liquidation occurs when an exchange closes a leveraged position due to insufficient margin, triggered by…
