Galaxy-Backed Gyroscope’s ‘All-Weather’ Decentralized Stablecoin Goes Live on Ethereum Mainnet
Gyroscope’s GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.
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Polygon’s Secret Deal: Sending DraftKings Millions to Run Failed Validator
Polygon quietly gave DraftKings’ validator preferential treatment while telling the public it was an “equal” member of the validator community.
Celsius Revamp Plan Hits Speed Bump With SEC: Source
The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.
Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One
Republican presidential candidate Vivek Ramaswamy has a message for most of the employees at the U.S. Securities and Exchange Commission (SEC) if he’s elected to the White House: You’re fired. And everybody still left at their desks would need to back off the crypto industry, according to the candidate’s new policy strategy for U.S. digital assets.
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”
Cardano-Based DEX MuesliSwap to Open Refund Site ‘Soon’ as Some Users Voice Concerns
The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time.
Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor
Fahrenheit-Celsius thermometer (Mustang Joe/Flickr)
BlackRock’s Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source
Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.