Tether Registers $1B in Operating Profit for Q1
TL;DR Over $1B in Q1: Tether delivered a stellar quarter with operating profits exceeding $1 billion, bolstered by a robust treasury portfolio nearing $120 billion. Surging
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Ethereum’s Hackathon Obsession May Push Builders to Solana, Experts Warn
TL;DR Ethereum’s hackathon-centric approach, while sparking innovation, may compromise long-term developer retention and support. Solana’s robust ecosystem—offering lower fees and faster transactions—is emerging as a more
Kraken Exposes North Korea-Backed Hacker Who Masqueraded as a Job Applicant
TL;DR Kraken identified and thwarted a hacking attempt by a North Korean-backed operative posing as a job candidate during an engineering interview. Inconsistencies like voice fluctuations,
Goldman Sachs Takes a Bold Step Forward in Crypto Trading and Tokenization Initiatives
TL;DR Goldman Sachs is expanding its digital asset strategy, introducing advanced crypto trading, lending, and collateral liquidity services. The bank’s initiative leverages rising institutional interest to
Crypto Hackers Plunder $92M from DeFi in April, With Attacks Doubling Since March
TL;DR Surge in Crypto Hackers Attacks: In April, 15 coordinated DeFi hacks resulted in a staggering $92M loss—a 124% increase from March’s reported $41M. High-Profile Breaches:
Messari Report: BNB Chain Achieves Strong Q1 Performance Despite 15% Market Cap Decline
TL;DR Strong Revenue Performance: Despite a 15% decline in market cap, BNB Chain generated $70.8 million in Q1 revenue with wallet-to-wallet transaction fees surging by 122.6%.
BlackRock to Launch Blockchain-Based Shares for $150B Treasury Fund
TL;DR Tokenization of $150B Treasury Fund: BlackRock is launching blockchain-based digital shares, known as DLT Shares, to tokenize its $150 billion Treasury Trust Fund. Enhanced Transparency
$500M in Telegram Bonds Ready for Tokenization by Libre and TON Foundation
TL;DR Tokenization Milestone: Libre and TON Foundation are set to tokenize $500 million in Telegram bonds by launching a tokenized Telegram Bond Fund on the TON
SEC Abandons Probe into PayPal’s Dollar-Pegged Stablecoin
TL;DR Regulatory Reprieve: The SEC has ended its probe into PayPal’s dollar-pegged stablecoin, PYUSD, clearing the way for the company to focus on advancing its digital
Bitcoin Whales Reappear? $4M Deal Signals a Potential Revival
TL;DR Bitcoin Whales Re-Entry: A recent $4M transaction indicates that Bitcoin whales, after a period of dormancy, are cautiously re-entering the market by steadily accumulating Bitcoin.
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