Business
The USDT issuer, which announced plans to wind down lending last year, showed an increase in lending in a quarterly report.
Bitcoin
The Trustee for the defunct crypto exchange had delayed the deadline for repayments by one year.
DeFi
The foundation behind the Layer 2 blockchain said the sale of 116 million OP tokens was for “treasury management purposes.”
Regulation
As Sam Bankman-Fried prepares to have his day in court, a new suit filed Monday suggests that his parents encouraged – and even actively organized – fraudulent activity at FTX.
The startup, which creates a decentralized market for information, will use the capital to further the development of its protocol.
Crypto market observers had widely expected the U.S. central bank not to raise the interest rate and that digital asset prices would not move much.
The US dollar-pegged stablecoin PayPal USD, launched last month, is now listed and available for spot trading on the Dubai-based exchange.
The crypto startup belongs to the Hub71 ecosystem, which launched a $2 billion initiative earlier this year to back Web3 and blockchain projects in the region.
The Bitcoin Ordinals creator believes that the effort to keep inscriptions numbers stable has led to ugly code and stalled development.
The university plans to return the entirety of funds it received from the bankrupt crypto exchange.