While bolstering Tether’s stablecoin USDT as the most successful tool for US Dollar hegemony and distribution across emerging markets, Tether CEO Paolo Ardoino has called out competitors for trying to sabotage Tether. In a lengthy post on X on 25 February 2025, Ardoino said, “While our competitors business model should be to build a better
The United States Senate Subcommittee on Digital Assets is set to have a hearing to discuss legislative frameworks for digital assets. Source link
Marc Raibert, the founder and chairman of Boston Dynamics, gave the world a menagerie of two- and four-legged machines capable of jaw-dropping parkour, infectious dance routines, and industrious shelf stacking. Raibert is now looking to lead a revolution in robot intelligence as well as acrobatics. And he says that recent advances in machine learning have
The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price Slips Below $88K Bitcoin fell to a 3-month low over the last day, and
TL;DR The SEC’s February 27 meeting may address Ripple’s XRP, signaling a potential pro-crypto shift under Chairman Mark Uyeda. Unlike recent SEC agreements, the Ripple lawsuit is more complex. Experts predict a settlement, with Judge Torres overseeing compliance with a $125M fine. XRP on the Agenda The lawsuit between Ripple and the US Securities and
Bank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its CEO. In a new interview at the Economic Club of Washington, D.C., Bank of America CEO Brian Moynihan says they intend to launch a stablecoin once laws change to allow it, Fortune reports.
Mike Novogratz’s crypto conglomerate Galaxy Digital has hired ex-BlockFi founder Zac Prince as a managing director. Source link
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty
Pump.fun regained control of its X account after a brief takeover by unknown attackers. Hackers briefly accessed the X page of the Solana meme launchpad, using the platform to promote scam meme tokens in a series of posts. Renowned blockchain investigator ZachXBT was the first to warn users about the breach, advising traders not to
The Pump Fun X account was hacked and used to launch a phony “governance token” that crashed 99.9% in minutes. Source link