Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter cash...
Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
EigenLayer’s Mainnet Operator: A New Chapter with Google Cloud
TL;DR Google Cloud has launched its EigenLayer Mainnet node operator, a significant development for the restaking protocol and its ecosystem. This follows Google Cloud’s previous...
SushiSwap: The Battle for Treasury Control
TL;DR SushiSwap’s Governance Controversy: The DeFi platform SushiSwap is in the midst of a heated debate over a proposal that could lead to the main...
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Sony Bank and Sota Watanabe Join Forces to Launch Stablecoin and Blockchain
TL;DR Sony Bank and Sota Watanabe collaborate to launch a stablecoin and a blockchain. The project is in the preparation phase, marking the company’s foray...
Galaxy Digital Leads $100 Million Fundraising for New Cryptocurrency Projects
TL;DR Galaxy Digital, led by Mike Novogratz, is raising a new $100 million investment fund. The majority of the funding is expected to come from...
KuCoin Faces the Abyss Due to DOJ and CFTC Lawsuit
TL;DR KuCoin has faced a 50% decrease in its market share and a 75% drop in daily trading volume after facing charges from the US...
Binance Establishes its First Board of Directors in a Key Step towards Regulation
TL;DR Binance appoints its first board of directors, headed by Gabriel Abed. The board includes three independent members and four company insiders. Despite the appointments,...
Tether Achieves ‘Gold Standard’ Security with SOC 2 Type 1 Audit Completion
TL;DR Tether’s Enhanced Security Measures: Tether, a leading cryptocurrency company, has completed a SOC 2 Type 1 audit, demonstrating that its IT systems meet high...
Brian Armstrong Celebrates Major Victory in Legal Battle with the SEC
TL;DR Coinbase CEO Brian Armstrong celebrates a major victory in the legal battle against the SEC. Court dismisses claims against Coinbase Wallet, while most SEC...