Category: crypto
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President Donald Trump’s $15B lawsuit claims New York Times disparaged his crypto project
Former US President Donald Trump filed a $15 billion lawsuit against The New York Times and several reporters for allegedly harming his reputation and the TRUMP memecoin project. Trump accused the Times of bias and defamation, claiming the articles and book released during the election season were strategically timed to damage him politically and financially.
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Circle boosts USDC liquidity with Hyperliquid integration
Circle has integrated native USDC and upgraded CCTP v2 on Hyperliquid’s HyperEVM network, allowing for smoother cross-chain transfers. The move benefits developers, traders, and service providers. Circle also made HYPE token investments and plans to operate as a validator on the network. This strategic move aims to secure Circle’s position in the growing decentralized exchange…
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Binance approaches deal with DOJ to drop outside monitor from $4.3 billion settlement
Binance is in talks with federal prosecutors to potentially eliminate the requirement for an outside compliance monitor from its $4.3 billion money laundering settlement. The Justice Department is considering removing the oversight mechanism as part of a broader policy shift under the Trump administration. Binance founder Changpeng Zhao served a prison sentence as part of…
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DeFi looks vast with $160B in TVL but capital concentrates in a handful of protocols
CryptoSlate Alpha is a membership program that requires the purchase of an NFT using SOL, the native token of Solana. A Solana wallet must be connected to complete the purchase. By purchasing Alpha membership, you agree to the terms and conditions of your wallet provider and the Access Foundation. CryptoSlate is not responsible for your…
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Bitwise files for stablecoin and tokenization ETF targeting Thanksgiving launch
Bitwise filed a prospectus for a stablecoin and tokenization ETF, tracking the Bitwise Stablecoin and Tokenization Index. The fund will invest in companies benefiting from stablecoin adoption and asset tokenization growth, with tiered restrictions based on business exposure levels. The fund is expected to launch around Thanksgiving and will rebalance quarterly.
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Ethereum Foundation unveils $2M challenge to secure Fusaka upgrade
The Ethereum Foundation has launched a $2 million security contest for its Fusaka upgrade, encouraging researchers to audit the codebase for vulnerabilities before it goes live. Gnosis and Lido co-sponsored the initiative. The upgrade aims to improve scalability and transaction throughput, but faces challenges and potential delays. Mainnet activation depends on successful testnet deployments.
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PayPal redefines messaging with crypto and cash payment links
PayPal has launched PayPal Links, a service that allows users to send or request money through personalized links in messages, DMs, or emails. The service will initially be available to US customers and will later expand globally. PayPal also plans to enable support for crypto transfers through the same links.
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Polymarket’s US expansion and SEC filing fuel token launch rumors
Polymarket, a crypto prediction platform, is the subject of speculation for a token launch after its parent company disclosed plans to raise $257 million, with $135 million already sold. The firm has not confirmed plans for a token, but is considering mechanisms that could support a public launch. Polymarket is expanding in the US market…
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Bitcoin boost fails to elevate Strategy’s stock valuation
Strategy, the largest public holder of Bitcoin, continues to expand its reserves with a recent purchase of 525 BTC for $60.2 million. This brings their total holdings to 638,985 BTC, valued at $73.97 billion. While their market net asset value has fallen to its lowest level since January 2024, Strategy remains a strong player in…
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Bitcoin longs bleed 1% daily as BTC leverage persists, price drifts sideways Research 3 hours ago
Bitcoin long positions are decreasing by 1% each day while leverage on BTC continues. The price of Bitcoin remains stable and is moving sideways. This data was collected from research conducted 3 hours ago.