USDT Issuer Tether Eliminates Share of Commercial Paper in Stablecoin Collateral
Tether Limited has completely removed commercial paper from the asset’s collateral and has replaced them with US Treasury bills.
BlockTower Attracts $150M for its Web3-Focused Venture Fund
The cryptocurrency company has secretly launched a $150 million venture capital fund for the Web3 industry.
Stepn Denies it Will Fire 100 Employees
A STEPN spokesman has said that allegations of staff cuts are “baseless” and “factually inaccurate.”
China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
Binance Pool Unveils a $500M Fund to Support Crypto Miners
Binance Pool has recently announced that it has created a $500 million fund to provide debt financing to struggling crypto miners.
BNB Chain Will Activate a Hard Fork After Recent $100M Hacker Attack
The BNB Chain team is implementing a network upgrade as a “hot fix” following a $100 million BSC Token Hub cross-chain bridge hack.
Arcane Research: Volatility in the Crypto Market Could Increase
Arcane Research analysts believe that against the backdrop of the current consolidation, this may be a harbinger of a sharp increase in volatility.
