DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody’s Says
The Wall Street ratings agency’s first-ever report about the sector underscores the increased attention towards DePIN apps.
news
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
Brian Armstrong, ETF Experts Shoot Down ‘Paper Bitcoin’ Rumors
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday.
BlackRock’s Bitcoin ETF Monday Posted First Net Inflows in 14 Days
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.
Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin’s market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.
Winklevoss Twins’ Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi
His donation is the first bitcoin gift that the college has received, and will fund new business programs
CoinDesk 20 Performance Update: NEAR Gains 4.8% as Index Rallies
Uniswap, up 3.3%, also lead gainers in overnight trading.
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless Network isn’t focusing on the election. It’s carving out a niche with contracts that expire quickly and user-created markets.
UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform
Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
Another Bitcoin Miner Adopts MicroStrategy’s Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data center instead.