Business
USDY is a yield-generating tokenized note backed by U.S. Treasuries and bank demand deposits.
Rich Cooper and Sam Enzer dissect the rapid jury decision and the complex road ahead for SBF’s legal battles.
Bitcoin
Coinbase urged users to withdraw all funds in BSV ahead of its plans to officially end support for the asset on Jan. 9, 2024.
Crypto exchange Kraken is reportedly in discussions with blockchain infrastructure firms as it considers who to partner with to launch its own Layer 2 network.
LINK, TON and MATIC were among the biggest gainers as Investors seemed to regain their appetite for riskier assets. ETH remained near $1.9K.
Electric Capital also led the seed round for the startup, which provides a protocol-focused access control and governance platform for smart contracts.
Digital asset investment product inflows total $767 million so far in 2023 versus the $736 million last year, according to new CoinShares data.
The collapsed crypto exchange and its debtors told a bankruptcy court the sale would make it easier and cheaper to repay creditors.
Germany’s DZ Bank AG launched a new platform for digital assets processing and custody.
DeFi
Aave V2 has paused its markets on Ethereum and frozen certain assets on Avalanche, Polygon, Arbitrum and Optimism after reports of an issue with a feature on the protocol.