Tether has become a major source of financing for Gold.com, giving about $1.5 billion to the US precious-metals dealer. The relationship, as …
Quietly
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DeFi
Why 90% of your DeFi trades are quietly being routed back to Wall Street market makers
by shayaanby shayaanOpen Jupiter, tell it you want to swap $SOL for $USDC, check the price, and press the button. From the user’s point …
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DeFi
How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk
by shayaanby shayaanImagine someone who bought $ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of …
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Scams
Polygon Quietly Patched Security Flaws in Two Hard Forks Before Disclosing Them
by shayaanby shayaanIn brief Polygon Labs disclosed it patched a batch of security vulnerabilities through two hard forks—Austin on its Bor client and Kyoto …
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Regulators from Washington, London, Brussels, and Hong Kong are finalizing a new set of rules that grant them the authority to identify, …
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The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or …
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Mining
Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%
by shayaanby shayaanBitcoin miner Sphere 3D has up to $10.3 million of amended at-the-market stock-sale capacity for working capital, while its standing policy also …
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In brief Microsoft is rolling out a new OneDrive Photos app to some Windows 11 PCs. The app indexes local photo libraries …
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Adoption
Robinhood Chain’s Tokenized Stocks Quietly Hit $500K Daily Volume As RWA Book Jumps Fivefold
by shayaanby shayaanLess than two weeks after trading volumes began to tick higher on Robinhood’s purpose-built chain, the project has crossed a threshold that …
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Markets
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
by shayaanby shayaanWashington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, …