Key Takeaways Tether will discontinue direct USDT issuance and redemption on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. The revised plan allows continued token transfers but removes official support and future redemptions on these blockchains. Share this article Tether has decided that it will no longer freeze smart contracts on Omni Layer, Bitcoin
Plasma is gathering serious traction in the DeFi space. Backed by Bitfinex, the stablecoin-focused Layer 2 just landed a major partner. EtherFi, the leading liquid restaking platform, is integrating its $500 million ETH vault directly into Plasma. This positions the network for a strong launch and gives users immediate access to deep liquidity from the
TL;DR With four months left until this year’s end, the focus now switches to the US SEC as the deadlines for countless spot crypto ETF filings approach. In the latest turn of events, Grayscale, the largest crypto-focused asset manager, has updated its applications for Cardano and Polkadot ETFs. New: @Grayscale submits S-1s for both their
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins have quickly grown into a prominent market, but that doesn’t mean their staying power has stopped being questioned. The Bank for International Settlements recently brought this matter up once again, with
Key Takeaways Killing Satoshi is a conspiracy thriller exploring the mystery of Bitcoin creator Satoshi Nakamoto. The film, starring Casey Affleck and Pete Davidson, is set for a 2026 release and will delve into the power struggles surrounding Bitcoin. Share this article Hollywood is turning crypto’s biggest mystery into a thriller. “Killing Satoshi,” a new
Tether is making a change to how it handles USDT on some of the older blockchains it once supported. Instead of freezing these tokens, the company is marking them as “unsupported.” This applies to networks like Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Transfers Will Still Work If you’re holding USDT on any
Ripple’s native cryptocurrency continues its downward trend, causing it to lose the third spot in terms of market capitalization. Tether’s USDT has taken it back after a few months of being fourth, as its own market cap has grown to $167,613,338 on CoinGecko. Recall that XRP skyrocketed to a new all-time high of $3.65 in
A proposed class action lawsuit against Strategy which accused the business intelligence company and its executive chairman, Michael Saylor, of misleading investors about the risks of its substantial Bitcoin purchases, has been voluntarily dismissed by the plaintiffs, according to Bloomberg. Summary Investors have voluntarily dismissed a proposed class action against Strategy, closing claims the company
Key Takeaways El Salvador is relocating its Bitcoin reserves to several new addresses. The move is aimed at strengthening the security of the National Strategic Bitcoin Reserve against future technological risks. Share this article El Salvador has begun redistributing its national Bitcoin reserve across multiple fresh, unused addresses as part of a strategy to boost
Why is crypto going down today? Friday, August 29, marks a critical day for the crypto markets as Binance Futures suddenly went offline while a massive $15 billion in Bitcoin and Ethereum options contracts are set to expire. The Bitcoin options market shows a put/call ratio of 0.79, with the “max pain” level at $116,000