Michelle Bond was free on a $1 million bond and restricted from traveling outside the continental US, while her partner Ryan Salame is expected to report to prison on Oct. 11. Source: https://cointelegraph.com/news/partner-ftx-exec-not-guilty-plea-campaign-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Bitgo to Launch USDS Stablecoin in January 2025
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills, overnight repos, and cash, aiming to create […] Source: https://news.bitcoin.com/bitgo-to-launch-usds-stablecoin-in-january-2025/
REX Shares, Tuttle launch 2x long, short Microstrategy ETFs
They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August. Source: https://cointelegraph.com/news/rex-shares-tuttle-launch-2x-long-short-microstrategy-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bit Digital Makes Waves at MYRIAD Tides
Bitcoin mining firm and Ethereum staking provider Bit Digital joined Rug Radio and Decrypt at the MYRIAD Tides event in Singapore. Hosted at KOMA Singapore on September 18, the event saw guests enjoying sushi, free flowing drinks and incredible performances as Rug Radio and Decrypt celebrated the launch of MYRIAD, a prediction market and engagement ecosystem that aims to fundamentally…
BTC price slips from $60K as Bitcoin traders brace for FOMC 'fireworks'
Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years. Source: https://cointelegraph.com/news/btc-price-slips-60k-bitcoin-traders-fomc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why a Giant Inflatable Bitcoin Rat Now Stands at the Birthplace of the Fed
The richest men in American history once basked in the quiet luxury of the Jekyll Island Club off the coast of Georgia. But on Wednesday morning, a vista of shady oak trees and meticulously preserved architecture from the 19th century was disturbed by a seven-foot-tall inflatable rat. Situated on a balcony at Sans Souci Cottage, a building partly owned by…
Layer-2 Meme Coin Pepe Unchained Hits $13.5M in Presale, Analyst Says it’s the Next Crypto to Explode
Pepe Unchained (PEPU) has quickly become the crypto community’s latest focus, with its presale passing the $13.5 million mark. This meme-themed Layer-2 coin combines Pepe branding with advanced blockchain tech. And one expert believes it could be primed to explode when it launches later this year. PEPU Presale Passes $13.5M Ahead of Planned DEX Listings […] Source: https://news.bitcoin.com/layer-2-meme-coin-pepe-unchained-hits-13-5m-in-presale-analyst-says-its-the-next-crypto-to-explode/
Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez. Source: https://cointelegraph.com/news/venezuela-opposition-bitcoin-reserve?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and […] Source: https://news.bitcoin.com/bitcoin-l2-and-sidechain-networks-surge-to-1-31-billion-in-locked-value/
Another Neiro Token Skyrockets as Meme Coin Competitors Fail Binance Checks
One of the many Neiro tokens has broken into the top 15 meme coins by market capitalization, as it leaped from $15 million to $352 million in the two days following its listing for spot trading on Binance. Yi Hi, co-founder of the exchange, later explained in a blog post that the other tokens failed a “compliance review and token…