Elixir taps Curve to bring BlackRock's BUIDL to DeFi
Token holders can mint deUSD against BUIDL, BlackRock’s onchain money fund, and swap on Curve, a popular DEX.
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MicroStrategy buys $347M worth of Bitcoin amid market thaw
"DCA works," wrote Binance CEO in response to the purchase. On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 Bitcoin (BTC), worth $347 million at the time of publication. After the transaction, the total balance of Bitcoin owned by MicroStrategy has increased to 152,333 ($4.52 billion) with an average purchase price…

Tether responds to account deactivation controversy, raises compliance checks
Stablecoin issuer Tether has responded to claims that it deactivated the accounts of major crypto firms, including MoonPay. 759 Total views 3 Total shares Tether, the company behind market-leading stablecoin Tether (USDT), has addressed concerns regarding its operational decisions.According to documents released by the New York Attorney General (NYAG), Tether reportedly deactivated approximately 29 accounts…

Blockchain Association files further FOIA requests over banking closures
The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks. 479 Total views 8 Total shares Own this piece of history Collect this article as an NFTMore Freedom of Information Act requests seeking information on recently closed crypto-friendly banks have been submitted by cryptocurrency advocacy group the Blockchain Association to two…

Arbitrum DAO passes $23M extra budget to fund all grant applicants
The Arbitrum community is expanding its grant program budget to over $70 million, supporting a total of 56 projects. 165 Total views 2 Total shares The Arbitrum DAO has confirmed the disbursement of millions in extra tokens to fund all projects approved on its latest Short-Term Incentive Program (STIP), boosting its budget by $23.4 million.The

Crypto critics: Why do they bother? Can FUD be useful?
“Anyone who says that David Gerard personally stopped their crypto getting into Wikipedia is a fuckwit,” says editor, Wikimedia spokesman and professional crypto hater David Gerard in his typically no-nonsense fashion.“There are a lot of fuckwits.”When Gerard is not passionately arguing against cryptocurrencies in Wikipedia editor discussions, the author of the 2017 self-published hit Attack…

Crypto.com expands insurance program to cover $750M
The insurance policy is the largest in the cryptocurrency industry, reflecting heightened consumer protection standards. 2563 Total views 48 Total shares Digital currency exchange Crypto.com has expanded its insurance policy to cover up to $750 million worth of digital assets, offering an additional layer of protection for the platform’s 10 million users. The new policy, effective…

Circle Publishes Another Third-Party Audit of USD Reserves for Stablecoin USDC
Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18.USD Coin — an ECR20 token first announced this May and released in September — is one of a swathe of new stablecoins notionally collateralized 1:1 by a major…

Elon Musk reportedly buys thousands of GPUs for Twitter AI project
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter. 367 Total views 1 Total shares Own this piece of history Collect this article as an NFTElon Musk - CEO of SpaceX, Tesla and, as of last October, Twitter -…