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Tether, one of the world's largest crypto firms, said Friday it wants to buy the famous Italian football club Juventus.“For me, Juventus has always been part of my life,” Tether CEO Paolo Ardoino said in a statement. “I grew up with this team. As a boy, I learned what commitment, resilience, and res…
Fogo, an experimental Layer 1 blockchain built using the Solana Virtual Machine, is cancelling a previously announced token pre-sale ahead of its mainnet launch in January. Instead, the project now plans to airdrop the tokens rather than sell them.Earlier this week, Fogo announced a $20 million toke…
Bitcoin rewards app Lolli can now support withdrawals on Bitcoin’s Lightning network following an integration with Spark, according to an announcement on Thursday.The move may help address complaints from some Lolli users lodged following its acquisition by Thesis*, a Bitcoin venture and software de…
Terraform Labs founder Do Kwon was sentenced to 15 years in prison for his role in the collapse of the Terra and Luna tokens — an implosion that wiped out $40 billion in 2022. Kwon received the sentencing on Thursday in the Southern District of New York, according to reporting from Inner City Press.…
Senate Banking Committee Chair Tim Scott said "real progress" is being made to pass a massive cryptocurrency bill into law after meeting with top bank CEOs on Thursday.The South Carolina Republican met with Bank of America’s Brian Moynihan, Citi’s Jane Fraser, and Wells Fargo’s Charlie Scharf on Thu…
About six months after launching, x402, the Coinbase-incubated open-source payment protocol built for AI agents, is rolling out a major upgrade. x402 V2 essentially takes the original, simple single-call payments system into a full-fledged, unified payment layer for the internet.“x402 launched in Ma…
Anchorage Digital scored another stablecoin issuance deal and is crediting its unique regulatory standing.On Thursday, the federally chartered crypto bank said Hong Kong-based crypto exchange OSL Group had selected it to issue its U.S. dollar–backed USDGO stablecoin."OSL Group ... will launch USDGO …
Binance, the world's largest cryptocurrency exchange, has elevated the status of the stablecoin issued by World Liberty Financial by allowing users to trade tokens like BNB, ETH, and SOL using USD1 trading pairs.The exchange said on Thursday it is bringing USD1 "into several of the platform's most a…
The CoinFund-backed crypto toolkit startup LI.FI has secured a $29 million extension to its Series A, bringing its total capital raised to $51.7 million, with Multicoin joining as a lead investor."The increased funding showcases investor confidence in LI.FI's growth and vision as our goal remains to…
Grayscale's TAO token investment vehicle has hit the public market, just days before the token's native Bittensor network is set for its first halving event. The Grayscale Bittensor Trust began trading under the ticker symbol GTAO on OTCQX, a secondary market operated by OTC Markets Group Inc., acco…
Nyx Group, a new multi-strategy investment initiative announced by Movement Labs co-founder Rushi Manche and several unnamed partners, plans to deploy up to $100 million into liquid markets to support vetted projects preparing token launches.The group aims to provide liquid capital, expertise, and h…
Binance has launched a private indication of interest (IOI) feature for large spot and loan orders, saying it is the first crypto exchange to bring a traditional finance IOI system to digital assets to help institutions execute sizable trades without potentially moving the market.An IOI lets traders…