Tether’s $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company
Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally
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Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote. […]
Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX
Mastercard’s new global system aims to make stablecoin transactions as seamless as traditional payments.
Coinbase Targeting 4%-8% Returns With New Bitcoin Yield Fund
The Coinbase Bitcoin Yield Fund opens for business on May 1 and promises returns initially from basis trading, with lending and options strategies to be used in the future, according to launch partner Aspen Digital.
Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump
The digital asset platform, which left the U.S. after clashing with regulators, says it’s relaunching with full services for retail and institutional clients.
Trump Token’s 85% Weekly Surge Defies Democrats’ Call for Impeachment, Massive Unlocks
U.S. Peesident Donald Trump’s memecoin has led to calls for impeachment and inflated its circulating supply in major unlocks. It’s still defying gravity.
GameFi Tokens Show Signs of Life After Gala Games, White House Tie-Up
Gala Games’ Easter event at the White House hints at a potential fresh chapter for GameFi, which has shown signs of life in the last few days.
Stripe Tests New Stablecoin Project as $3.7T Market Looms
Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.
DeFi Development Plans to Raise $1 Billion to Buy More Solana
DeFi Development Corp. plans to use proceeds to bolster its Solana-focused treasury strategy and fund corporate initiatives.
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.