Tether abandoned plans to freeze its dollar-pegged USDT tokens on several older blockchains and is choosing instead to classify them as “unsupported,” according to an Aug. 29 statement. The change applies to networks such as Bitcoin Cash, Kusama, EOS, and Algorand, among others. Users will still be able to move tokens across wallets...
Posts published by “Assad Jafri”
Bitwise Chief Investment Officer Matt Hougan said Solana could soon set new all-time highs, mirroring Bitcoin and Ethereum’s record runs earlier this year. Hougan argued that SOL is set to benefit from the same forces that propelled BTC and ETH to new highs this cycle, namely exchange-traded fund (ETF) inflows...
European financial regulators are warning that rising crypto-asset valuations, driven by expectations of US deregulation under President Donald Trump, could pose a growing threat to global financial stability. The Joint Committee of the European Supervisory Authorities (ESAs) raised the alarm in its Spring 2025 risk update...
Elon Musk revealed in recent court filings that he personally intervened to stop OpenAI from launching an initial coin offering (ICO) in 2018, a move he claimed would have severely damaged the organization’s reputation. Musk’s legal team disclosed the details in an amended lawsuit filed on Nov...
The Ethena Foundation announced on Nov. 15 that the risk committee approved Wintermute’s proposal to overhaul revenue sharing for the Ethena protocol. The changes, aimed at benefiting staked ENA (sENA) holders, are expected to take effect by the end of November, pending the finalization of implementation details...
TradFi institutions are starting to buckle under the pressure of demand from clients interested in Bitcoin (BTC) and are starting to add spot Bitcoin exchange-traded funds (ETFs) to their offerings. Bank of America’s Merrill Lynch and Wells Fargo’s brokerage division have recently begun offering their clients the option to invest in spot Bitcoin ETFs...
Taiwan has taken a significant step towards regulating its flourishing virtual asset market by introducing a new bill called the “Virtual Asset Management Regulations Draft,” which aims to create a comprehensive regulatory framework for the crypto industry. The move comes as Taiwan grapples with the exponential growth of virtual assets in the country...
Asset management firm VanEck believes Solana could see a 10,000% growth in value by 2030 if the blockchain attracts 100 million users, according to a new research report. The most striking prediction from the report suggests that SOL could experience a 10,600% price rally by the year 2030...