Defaults on credit card loans are skyrocketing in the US. Lenders are now witnessing a 14-year high in credit card defaults, reports …
Billions
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Smart Contracts
Why MicroStrategy Shares Have Tanked 45% Despite Billions in Bitcoin Buys
by shayaanby shayaanOne of the most popular Bitcoin transactions in 2024 is heading into the new year. As of Thursday, MicroStrategy’s stock price had …
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Markets
Coinbase CEO, Other Crypto Insiders Billions Richer After Seeking to Steer Elections
by shayaanby shayaanThis is the third in a series of stories examining the crypto industry’s high-stakes 2024 foray into politics and campaigning. The first …
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Markets
Gitfo's Founders Mint Billions of GFT After Binance Delists Web3 Wallet's Token
by shayaanby shayaanThe founders of web3 wallet Gifto minted 1.2 billion GFT tokens after Binance announced that it was delisting the asset on Tuesday. …
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Ethena Labs integrates sUSDe into Aave, enabling billions in stablecoin borrowing and 30% APY exposure. Ethena proposes Solana and staking derivatives as …
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Adoption
Trump could put billions into US Bitcoin reserve without Congress approval
by shayaanby shayaanBitcoin Magazine CEO David Bailey has suggested that President-elect Donald Trump could elevate Bitcoin to the status of a “strategic reserve asset” …
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Regulation
Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris Victory Will Cost Crypto ‘Billions’
by shayaanby shayaanBillionaire Cameron Winklevoss is warning that a Kamala Harris election victory could end up being very costly for the crypto industry. According …
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As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, …