Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.
Read MoreDeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave.
Read MoreTron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
The commitment comes as AI-focused tokens take over the narrative in crypto circles.
Read MoreCelsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn.
Read MoreEther Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers
Coinbase CEO Brian Amstrong said Wednesday night he heard rumors about a possible ban on staking providers in the U.S.
Read MoreBitcoin Miner Argo Blockchain Loses CEO
The troubled mining firm had to sell its biggest facility to stave off bankruptcy.
Read MoreFlux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.
Read MoreCardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday.
Read MoreLido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.
Read MoreFirst Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.
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