Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million…
Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move
The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just…
Microstrategy Acquires 7,420 Bitcoin, Firm Now Holds 252,220 BTC
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before…
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since…
Grayscale Launches SUI Trust for Accredited Investors
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to…
CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act
The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as…
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting…
Trump’s World Liberty Financial Launches ‘Epic’ Meme Contest as Telegram Channel Hits 100K Members
The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has…
PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce…