Cap Raises $11 Million to Launch Its Yield-Bearing Stablecoin Engine
TL;DR Cap raised a total of $11 million, backed by Franklin Templeton and Triton Capital, to develop its yield-bearing stablecoin engine. Its model combines crypto-native...
Cryptocurrencies
SafePal Launches a Wallet on Telegram and Improves Security of Its Hardware Devices
TL;DR SafePal launched a Telegram-integrated wallet with banking support and a digital Mastercard, now available to over 950 million users. It upgraded its hardware wallets...
Bitcoin Crashes and Shakes the Global Crypto Market
TL;DR Bitcoin fell below $75,000 over the weekend but partially recovered to $77,027, showing a -6.75% return in the last 24 hours. Over $1.36 billion...
Codex to Launch a Specialized Blockchain for Stablecoins
TL;DR Codex raised $15.8 million to build a blockchain focused on stablecoins, backed by Dragonfly, Coinbase, and Circle. The network is built on Optimism and...
Bitcoin Holds Above $80,000 as Stock Market Plunges
TL;DR Bitcoin held above $80K despite the stock market crash; the Nasdaq and S&P 500 indices fell more than 8% in just two days. Analysts...
Bitcoin Whales Resume Accumulation
TL;DR Bitcoin whales have resumed accumulation after eight months of selling, with recent purchases near $82,000, according to Glassnode. The market remains in a distribution...
MARA Holdings Plans a $2 Billion Stock Offering to Expand Its Bitcoin Treasury
TL;DR MARA Holdings will launch a $2 billion stock offering to expand its Bitcoin treasury and strengthen its strategy following the latest halving. The company...
FTX Denies Millions in Claims Over Missed KYC Deadline
TL;DR FTX has denied about $300M in claims from users who missed the March 3 KYC deadline, following a court order allowing non-compliant claims to...
Bearish Clouds Over Bitcoin? On-Chain Metrics Flash Warning Signs
TL;DR Bitcoin continues to trade sideways between $76k and $87k, showing signs of seller exhaustion but with no clear trend reversal in sight. XRP has...
FDUSD Recovers and Strengthens Crypto Confidence
TL;DR FDUSD dropped to $0.87 after false rumors about its issuer, First Digital Trust, being insolvent, but quickly recovered its peg. Wintermute purchased over $31...