Growing Concerns Over Tether Transparency and Reserves: Is a Collapse Imminent?
TL;DR Tether continues to fail to deliver on its promise of an independent audit to support its dollar reserves. Lack of transparency raises concerns about...
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Atlas Launches Private Testnet to Revolutionize Verifiable Finance
TL;DR Atlas launches its private testnet focused on verifiable finance, developed by Ellipsis Labs. The blockchain uses a custom version of the Solana Virtual Machine...
CleanSpark Expands Mining Capacity in Tennessee with a $27.5 Million Investment
TL;DR CleanSpark acquires seven Bitcoin mining facilities in Tennessee for $27.5 million. The expansion is aligned with its renewable energy strategy and aims to increase...
DIA Unveils Lumina Architecture and Partners with Stacks to Boost Bitcoin DeFi
TL;DR DIA launched its new architecture “Lumina”, focused on decentralization and trustless execution. Strategic alliance with Stacks strengthens DeFi applications on Bitcoin’s Layer 2. DIA...
Cryptocurrencies Absent Once Again at the Second 2024 Presidential Debate
TL;DR Cryptocurrencies were not a topic in the second presidential debate between Kamala Harris and Donald Trump. Polymarket showed a tie in its prediction of...
Bitcoin at Risk: Arthur Hayes Warns of Yen Strength and Market Impact
TL;DR Arthur Hayes warns of a possible market crash due to a strengthening Japanese yen. The dismantling of carry trade operations could negatively affect Bitcoin....
JUSTICE Token Listed on Bitfinex, Strengthening the Fight for Freedom of Speech
TL;DR Bitfinex will list the AssangeDAO (JUSTICE) token starting September 12, 2024. The JUSTICE token supports the cause of Julian Assange and freedom of expression....
FBI Reports Record $5.6 Billion Lost to Cryptocurrency Scams in 2023, Highlighting Links to Human Trafficking
TL;DR Investors lost $5.6 billion to cryptocurrency-related fraud in 2023, a 45% increase from the previous year. Investment fraud, known as “pig butchering,” was the...
Metaplanet Strengthens Its Strategy with an Additional Purchase of 38.464 Bitcoins
TL;DR Metaplanet purchased an additional 38,464 bitcoins for a total of 300 million yen. The company now owns 398,832 bitcoins, acquired for 3.75 billion yen...
Bitcoin ETFs See $28.6 Million Inflows After Eight-Day Outflow Streak
TL;DR US Bitcoin ETFs saw net inflows of $28.6 million on September 9, 2024, following an eight-day streak of outflows. BlackRock continues to lead the...