Author: Louis Adams
I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.
Hut 8 Expands Partnership with Bitmain
Reading time: < 1 minute Hut 8 Corp., a Bitcoin mining company, revealed on Thursday that it will be partnering with mining rig manufacturer Bitmain Technologies to launch a next-generation ASIC miner called U3S21EXPH.
Terraform Labs Granted Court Approval to Shut Down Operations
Reading time: < 1 minute Terraform Labs yesterday obtained judicial approval to cease its operations in bankruptcy, following a settlement agreement reached with the US Securities and Exchange Commission (SEC).
Crypto Exchange BingX Suffers a Hacker Attack
Reading time: < 1 minute Cryptocurrency exchange BingX has experienced a security breach in which a small amount of assets were stolen.
Revolut Unveils Plans to Launch a Stablecoin
Reading time: < 1 minute Revolut is reportedly looking to launch its own stablecoin, according to Coindesk.
Solana Unveils Seeker, its New Smartphone
Reading time: < 1 minute Solana Mobile announced on Thursday that its parent company, Solana Labs, plans to release their second cryptocurrency phone in 2025.
SEC Reaches Agreement with DeFi Platform Rari Capital
Reading time: < 1 minute The US Securities and Exchange Commission has reached a settlement with DeFi platform Rari Capital, Inc.
Singapore’s DBS Bank Plans to Launch Crypto Options for Institutional Investors
Reading time: < 1 minute DBS Bank in Singapore has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients.
USDT’s Circulating Supply on The Open Network Exceeds $1B
Reading time: < 1 minute Tether’s stablecoin, USDT, has now surpassed $1 billion in circulating supply on The Open Network (TON), according to data from Token Terminal, a research firm in the cryptocurrency industry.
Dragonfly Capital Plans to Raise $500M to Launch its Fourth Crypto Fund
Reading time: < 1 minute San Francisco-based venture capital firm Dragonfly Capital is looking to raise $500 million for its fourth crypto fund.
Weekly Inflows into Crypto Investment Products Reach $436M
Reading time: < 1 minute According to CoinShares, crypto funds managed by companies such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares saw a return to net inflows of $436 million globally last week.
