Author: Rachel Lourdesamy

Adam Back, CEO of Blockstream and Bitcoin pioneer, remains firmly opposed to altcoins, asserting they are all destined to lose their value. When asked about his preferred altcoins, he said, “None of them. I’ve never owned one. They are all going to zero”. He based this view on Bitcoin’s built-in scarcity…

Tether has confirmed it is advancing plans to launch a US-focused institutional stablecoin, days after the GENIUS Act became law. CEO Paolo Ardoino stated the company is developing a domestic strategy aimed at institutional clients, with a public announcement expected in the coming months. The GENIUS Act introduces a clear regulatory structure for stablecoins in

Cryptocurrency prediction market Polymarket is exploring two strategic options to capture stablecoin yield generated by user activity on its platform: creating its own stablecoin or entering a revenue-sharing agreement with Circle, the company behind USDC. The move is designed to secure the yield that currently flows to stablecoin providers from reserves held on Polymarket’s platform…

Strategy has shared its plans to issue 5 million Series A variable rate perpetual preferred shares, under the name “STRC”, to support its corporate funding strategy, including future Bitcoin purchases. The newly proposed shares come with a 9% annual dividend on a US$100 (AU$153.44) par value…

Almost 60% of early investors in Pump.fun’s highly anticipated PUMP token have already sold or moved their tokens off-platform, according to analysis by BitMEX. On-chain data shows that of the 10,145 wallets that took part in the US$500 million (AU$769.5 million) token sale, 6,042 (59.6%) have transferred their holdings to centralised exchanges or external wallets…