The project would burn 4.5 billion tokens while beginning to vest 40.7 billion tokens for founders and the team, restructuring locks that were originally set to be indefinite.
Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.
Derivatives funding rates have now remained negative for 46 days, a streak last seen following the FTX crash which marked the bottom of 2022's crypto winter.
Kevin Warsh's financial disclosure reveals stakes in DeFi protocols, Ethereum scaling networks, a Bitcoin Lightning startup, and prediction markets — all of which he's promised to sell.
Rakuten Pay users will also be able to spot trade XRP via the Rakuten Pay app and exchange the Japanese e-commerce giant’s points to purchase Ripple’s token
The bank is moving deeper into crypto with a bitcoin ETF that generates income by selling options on bitcoin-linked funds, following BlackRock’s push into similar yield-focused products.
Cantor Fitzgerald says Robinhood and Coinbase are best positioned to dominate the prediction market space by leveraging their massive retail scale and existing trading infrastructure.
The downsizing follows a financial hit after Scroll's top protocol migrated to Optimism, draining nearly $160 million in TVL and $13 million in annualized fees.
During the bank's earnings call on Tuesday, JPMorgan CFO Jeremy Barnum warned that stablecoins could become a tool for regulatory arbitrage unless they are held to the same strict oversight and consumer protection standards as traditional bank deposits.