stUSDT partners with ChainSecurity for a security audit, revealing no critical vulnerabilities. The audit report and whitepaper are now available. stUSDT has $269M TVL and a 4.66% APY, enhancing trust in DeFi. #Update #CryptoSecurity
FOMC’s July interest rate decision could significantly impact crypto prices. Bitcoin is now at $66,300, down from $70,000 earlier this week. Economists predict rates will stay between 5.50% and 5.25%. #Bitcoin #Update
Note: The hashtag #Update is added to ensure the post is tagged appropriately.
“Peter Brandt warns of potential disaster for $USDT, citing transparency issues, while Willy Woo highlights Tether’s resilience and shift to over-collateralized assets. Future remains uncertain amid illegal activity allegations. #Crypto #Update”
Elon Musk’s switch to Dogecoin’s logo on Twitter, now X, is evidence in a lawsuit. This change boosted $DOGE value and highlights Musk’s influence. It could reshape social media marketing and crypto integration. #CryptoNews
BlackRock’s Samara Cohen explains the firm’s cautious stance on a Solana ETF despite market enthusiasm. Only $BTC and $ETH meet their ETF criteria due to strong infrastructure and regulatory support. Solana lacks CME futures and institutional backing. #Update
“Ripple CEO Brad Garlinghouse slams SEC’s inconsistent crypto regulations amid Binance case delays, joined by Trump and Cuban. Ripple’s legal battle nears conclusion, potentially reshaping U.S. crypto rules. #CryptoRegulation $XRP #Update”
Cardano ($ADA) thwarted a DDoS attack on June 25, with the attacker losing funds instead of gaining. Despite targeting 194 smart contracts, the network remained stable. Users can deregister attacker’s stake credentials for 2 ADA each. #crypto #Update
British fintech Unlimit integrates with World App to enable $WLD to fiat conversions in Colombia, Mexico, and Europe. This move boosts crypto-wallet-to-bank transfers and enhances financial access. #CryptoNews #Update
S&P Global Ratings assessed stablecoins, rating @circle’s $USDC highest with a score of 2 for strong reliability. Tether’s $USDT received a 4 due to transparency issues. This highlights the need for solid regulatory frameworks. #Crypto #Update
“Congress to discuss tokenization of real-world assets on June 5, 2024. Key focus: efficiency, risk reduction, and market growth. Notable: 782% rise in tokenized treasury products. Led by Patrick McHenry. #DigitalAssets $RWA #Update”
Icebreaker, founded by ex-Coinbase and Google alumni, raised $5M led by CoinFund to build a blockchain-based LinkedIn rival. Valued at $21M, it aims to secure and verify professional identities, tackling AI-driven noise. #Blockchain #Update
“Binance to delist $ADA, AEVO, AST, and MANTA trading pairs on Aug 2 due to low liquidity. Users advised to trade via other pairs to avoid losses. #CryptoUpdate”
DeFi Technologies, led by CEO Olivier Roussy Newton, boosts its Bitcoin holdings to 204.34 BTC and adds 12,775 SOL to its treasury. Staking over $100M in BTC led to a 200% share increase YTD. #Update #CryptoNews $SOL $BTC
? The crypto community is outraged as ZKX founder Eduard Jubany Toh announces the project’s closure and refunds after alleged rug pull. Token value drops 75% in a week, raising concerns about transparency in crypto investments. #CryptoNews
