Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
The plaintiffs allege that Tether acted in response to an informal U.S. lawenforcement request more than three months before a seizure warrant was issued.…
Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by…
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source：CoinDesk
Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days
The bitcoin funds took $217 million Monday, one session after an outflow ended their nineday run. Ether ETFs have not posted a red day since midAugust.…
Bitmine makes largest ether purchase since June as Tom Lee points to crypto's strong Q3
Company Chairman Lee said crypto’s recent outperformance could draw more institutional investors. Source：CoinDesk
Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report
The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges. Source：CoinDesk
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects realworld asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.…
Live updates: Bitcoin ETF inflows hit eight straight days as August tops $3 billion
U.S. spot bitcoin funds have taken in $2.8 billion since the run began, and ether ETFs are matching it day for day. Three sessions are left to make August…
Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally
The privacy coin's spot ETF began NYSE trading Tuesday, which was one of the catalysts behind its surge to an eightyear high. Now traders are selling the news,…
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead. Source：CoinDesk
Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole…
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and…