Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to …
Reserves
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Markets
FTX Estate To Begin Paying Major Creditors With $11,400,000,000 in Cash Reserves: Report
by shayaanby shayaanThe bankrupt crypto exchange FTX is reportedly primed to begin paying its main group of creditors at the end of May. Business …
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According to Bo Hines, a senior Whitehouse advisor on crypto who spoke on the Crypto in America Podcast, the US could cash …
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After a long legal tug-of-war under Biden’s leadership, Ripple is finally catching a break. Reports suggest that President Donald Trump’s team is …
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Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE …
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Adoption
Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves
by shayaanby shayaanMéliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media …
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Finance
Farcaster’s Dan Romero predicts US crypto reserves will only retain seized assets, no new purchases
by shayaanby shayaanDecentralized social media platform Farcaster’s co-founder Dan Romero does not see the US government buying any more crypto tokens to add to …
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Analysis
Head of Swiss Central Bank Opposes Holding Bitcoin Reserves, Citing Volatility, Liquidity and Security Weaknesses: Report
by shayaanby shayaanThe head of the Central Bank of Switzerland is reportedly skeptical about holding Bitcoin (BTC) as a reserve asset. According to a …
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Smart Contracts
This Week in Bitcoin: Crashing Under $80K, Worst ETF Day Ever, and States Reject Reserves
by shayaanby shayaanAs we have seen time and time again, Bitcoin shattered expectations this week. Apart from this time, the orange currency did not …
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The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed …