Coinbase is relaunching its Stablecoin Bootstrap Fund first introduced in 2019 to boost the liquidity of the stablecoin USDC in a range of popular and emerging decentralized finance protocols. Coinbase said on Tuesday its first placements will provide USDC (USDC) liquidity into Ethereum-based lenders Aave and Morpho, and Solana-based trading platforms Kamino and Jupiter. “As…
The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high. Public Bitcoin (BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering…
Shares in Nasdaq-listed drinks maker Safety Shot tanked 50% after announcing a plan to buy $25 million worth of the Bonk memecoin as part of a new treasury strategy. The firm announced a strategic alliance with the Bonk founding contributors on Monday to deeply integrate the company with the memecoin ecosystem. The firm stated that…
Key points: Bitcoin will beat its prior cycle’s gains for the first time if it makes it to $340,000 this bull market. While a “very big ask,” such a feat would make BTC the world’s second most valuable asset by market cap. BTC is already an outperformer among macro assets over the past five years….
S&P Global Ratings has assigned a B- issuer credit rating to Sky Protocol, formerly known as Maker Protocol, marking the first time a major credit rating agency has issued a rating for a decentralized finance (DeFi) platform. The rating is part of S&P’s ongoing assessment of stablecoin issuers, which began in 2023 to evaluate their…
World Mobile is launching a blockchain-enabled 5G network using drones to beam connectivity directly to users worldwide. The company partnered with Indonesian telecom firm Protelindo to create World Mobile Stratospheric, an initiative designed to bridge gaps left by traditional communication infrastructure worldwide. The project uses hydrogen-powered drones, flying at 60,000 feet in the stratosphere, to…
A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States, with targets including hospitals and pharmaceutical networks, according to blockchain intelligence firm…
Bo Hines, the executive director of US president Donald Trump’s White House Crypto Council, announced he is stepping down on Saturday. Hines, who was appointed by the president to lead the advisory group in December 2024, said he is stepping down to rejoin the private sector and thanked the crypto community for its “unwavering” support….
Key points: Ether is on track to reach $20,000 as a lifelong price channel stays relevant, says a popular trader. ETH may even break beyond the channel for the first time in history. Against Bitcoin, Ether bulls still have a lot of work to do to match all-time highs from 2021. Ether (ETH) has a…
Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is…
