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Tether, known for its stablecoin products, has emerged as the leader in the crypto-lending arena, followed by Galaxy and Ledn. The sector has undergone a consolidation period following the collapse of former crypto-lending powerhouses Blockfi, Celsius, and Genesis. Tether Becomes Leader of the Crypto-Lending Business The crypto-lending business, which involves providing liquidity backed by cryptocurrency … Read more
According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin Service Providers Operate in El Salvador While El Salvador was one of the first countries … Read more
Ethereum dApps led the pack in Q1 2025, generating over $1 billion in fees, far outpacing competitors like Base, BNB Chain, and Arbitrum, highlighting Ethereum’s continued dominance in decentralized application revenue. Ethereum Dapps Outpacing Base and BNB Chain in Q1 Fees Ethereum continues to solidify its position as the leading platform for decentralized applications (dApps), … Read more
Crypto investment products saw $795 million in outflows last week, pushing total withdrawals since February to $7.2 billion. Bitcoin led the exodus, but altcoins like XRP and Ondo managed modest gains. Digital Asset Outflows Hit $7.2 Billion Since February But XRP Defies the Trend Digital asset investment products recorded another tough week, with $795 million … Read more
On Monday, Barron’s reported that Anchorage Digital, the cryptocurrency-focused financial institution, has allegedly drawn scrutiny from a specialized division within the U.S. Department of Homeland Security. Report Claims Anchorage Digital Faces DHS Probe The El Dorado Task Force (EDTF), a financial crimes unit targeting illicit monetary flows, is said to be scrutinizing the bank. Barron’s … Read more
Two major players tied to the OM token—MANTRA’s co-founder and Nomura’s Laser Digital—issued statements Monday distancing themselves from the token’s 90% price drop over the weekend. MANTRA’s Mullin Defends Project After OM Tumbled 90% John Patrick Mullin, co-founder of MANTRA, addressed the token collapse in a blog post, saying the incident was allegedly triggered by … Read more
The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA, known for tokenizing real-world assets (RWAs) and its partnerships with Google Cloud … Read more
Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. … Read more
Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean … Read more
Blackrock posted strong Q1 2025 results, driven by record exchange-traded fund (ETF) inflows and expanding tech service revenues. The firm saw $84 billion in net inflows and a 12% revenue increase, highlighting growing investor demand across asset classes. Blackrock’s Q1 Earnings Soar with Record Ishares ETF Demand Blackrock kicked off 2025 with a robust first … Read more