The world’s largest stablecoin now travels between blockchains as USDT0, a version its builders insist is not a wrapped token, while its mechanics lock collateral in an Ethereum vault and mint claims elsewhere. Here is how it actually works, who…
StableChain’s product is Tether’s dollar: gas in USDT, transfers in USDT, yield in USDT. Its native token does none of that, and holders own governance and staking rights over a network whose every cash flow is denominated in someone else’s…
Stable exempts USDT transfers from gas. Plasma ships zero-fee sends. Sui made stablecoin transfers free at the protocol level. Every coverage of every launch asks the same question in passing, someone still pays for blockspace, and then moves on. This…
Getting dollars onto the chain where USDT is the gas takes one bridge transaction, and choosing the route well takes five minutes of understanding. This guide walks the fastest path through Relay, the canonical paths through the USDT0 mesh, what…
While the market watched the token, the company spent $4 billion assembling what it was never granted: custody, prime brokerage, corporate treasury, and payment rails, acquisition by acquisition. This is the audit of what the money bought, what it earns,…
The world’s largest stablecoin issuer pays roughly $2.9 billion a year in fees to blockchains it does not control. Its answer was to back two competing chains at once: Plasma, the $373 million DeFi-flavored bet, and Stable, the enterprise rail…
When SpaceX went public, the only place most of the world could short it was Hyperliquid, where a perpetual future tracked the IPO of the decade tick for tick, and a whale ran a $14 million leveraged short no brokerage…
The New York Stock Exchange’s parent just completed a $2 billion bet on Polymarket. Kalshi raised a billion at $22 billion while generating fee revenue most exchanges would envy. Seven bills in Congress want the whole category banned. Wall Street…
Cathie Wood’s ARK Invest has added about $251,500 in BitMine Immersion Technologies shares and the 3iQ Solana Staking ETF across three of its exchange-traded funds. ARK Invest adds BitMine exposure ARK Invest’s Friday trade disclosures show its flagship ARK Innovation…
Official Trump’s team has transferred about $16.91 million in TRUMP tokens to Fireblocks custody wallets as Senate negotiations over ethics rules in the CLARITY Act remain stalled. TRUMP tokens move to Fireblocks custody wallets Arkham Intelligence reported that the Official…
Bitcoin price has dipped under intense macro headwinds today, July 25, as the Nasdaq-100 index plunged to its lowest level since May 5 over escalating concerns regarding heavy artificial intelligence spending by tech giants. At the time of writing, the…
Senate Majority Leader John Thune plans to push the CLARITY Act toward a floor vote before the August recess, potentially forcing senators to publicly declare their positions even if the crypto market structure bill cannot overcome a filibuster. Thune wants…
Triple-A’s hot wallets appear to have lost more than $9.7 million across several blockchains, with the suspected attacker swapping the assets and consolidating the proceeds on Ethereum. What happened to Triple-A’s hot wallets On-chain analyst Specter first identified suspicious transactions…
Across Protocol’s Risk Labs-operated relayer lost less than $4 million after an attacker fabricated $41.7 million in Solana deposit events, according to a post-incident report released by the cross-chain protocol. Across attacker forged 1,627 Solana deposits The attack occurred between…
BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled BEAT, EIGEN and ZETA unlocks. RootData reported that Audiera will release 21.25 million BEAT at…
Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that processed more than 2.95 billion yuan, or about $428 million, through USDT, bank cards and third-party payment accounts.…
Strive’s SATA preferred shares have recovered nearly 16% from their June low to about $97, prompting Jan3 CEO Samson Mow to predict that the rebound could help Strategy’s STRC return to its $100 par value. Yahoo Finance data show SATA…
The US House of Representatives has passed a congressional stock-trading ban by a 232-198 vote, sending the measure to the Senate despite criticism that it leaves existing holdings untouched. According to a statement from Representative Bryan Steil’s office, the House…
Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Michael Saylor, Strategy’s co-founder…
Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume. According to an official announcement from Memecoin.Fun, Becker Ventures led the financing, while BitValue Capital,…