$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.…
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood…
Furious debate about THORChain vs NEAR shows idealism has limits
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening —…
Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there
A Tetherbacked project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most…
Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows. Source：Cointelegraph
Ethereum’s zkAPI brings privacy-preserving API payments to mainnet
Ethereum’s zkAPI is now live on mainnet, turning an earlier zeroknowledge API payment proposal into a working implementation for private, prepaid access.…
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends…
Synthetic tokenized stocks are bad for American investors
U.S. markets are the envy of the world because investors trust that whoever owns a share owns it fully, writes Aaron Kaplan, founder of Promethum. The…
Bitcoin trapped below $86K as PCE changes cloud inflation reading
Bitcoin erased its postPCE gains as analysts cautioned that methodology changes complicated the lowerthanexpected inflation reading. Source：Cointelegraph
Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12month target for ether from from $2,240 to $3,028. Source：CoinDesk