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Crypto Dest

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Litecoin

NUSD Redemptions Paused as Neutrl Reviews Reserves

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause...
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Coins

UBS Ups Bitcoin Position, Buys More Shares In BlackRock ETF

Switzerland’s largest bank has upped its exposure to Bitcoin, according to regulatory filings.  UBS bought more shares in BlackRock’s iShares Bitcoin...
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Litecoin

Figure Loan Marketplace Volume Reaches $4.3B in Q2

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly...
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Coins

White House To Host Crypto Industry Execs Next Week: Report

Crypto and prediction market bigwigs are set to gather at the White House next week, according to a Thursday report from...
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Coins

Bitcoin’s Bear Cycle Looks Familiar — And That Might Be The Bullish Case

Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline...
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Coins

Tether Finally Completes Independent Audit Of Reserves

Stablecoin giant Tether has announced that KPMG U.S. completed the first independent audit of its reserves after years of struggling to get...
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Litecoin

Custodia Gets Crypto Industry Backing in Supreme Court Fed Case

The Blockchain Association urged the US Supreme Court to hear Custodia Bank’s challenge to the Federal Reserve’s denial of its application for a master...
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Coins

Chinese AI Beats Restricted OpenAI And Anthropic Cybersecurity Models, Bitcoin Industry Warns

Bitcoin company leaders and open-source developers are publicly stating that Chinese AI models are currently outperforming restricted American frontier systems in defensive...
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