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Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in a Swiss vault during an interview with Bloomberg News on July 7.
Ardoino called the site “the most secure vault in the world” and said the company owns almost the entire 80-ton stockpile outright, placing the El Salvador-based issuer among the largest private gold holders globally.
According to a March attestation...
Spot Bitcoin exchange-traded funds (ETFs) have rapidly established themselves as a dominant force in the market, now representing more than 30% of the total BTC spot trading volume.
This shift highlights how traditional financial products have swiftly captured the market as institutional and retail investors increasingly turn to regulated avenues for Bitcoin exposure.
Spot Bitcoin ETF Trading...
The Ethereum Virtual Machine (EVM)-compatible sidechain of the XRP Ledger is showing early signs of traction among developers, with over 1,400 smart contracts deployed just one week after launch.
On July 7, Peersyst confirmed the strong demand in a post stating that nearly 1,400 smart contracts had gone live within the first week. As of press time, the total number of smart contracts on the...
Analysts at BitMEX Research have raised the alarm about a scam targeting early Bitcoin holders, particularly those with wallets dating back to 2011.
According to the firm, the scam appears to exploit long-dormant addresses by injecting false transactions and misleading messages via OP_Return outputs, an optional field in Bitcoin transactions that can carry arbitrary data.
In one documented case,...
Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz.
Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period.
Furthermore, the tokenized stock market on Solana represented 11.4% of the total market...
Robinhood’s private equity tokens, offering exposure to tech stocks like SpaceX and OpenAI, have triggered regulatory scrutiny in Europe after OpenAI raised concerns and said that the digital assets do not represent equity ownership in the company, CNBC reported on July 7.
The Bank of Lithuania, which serves as Robinhood’s primary regulator in the European Union, confirmed it is seeking detailed...
The following is a guest post and opinion from Ahmad Shadid, CEO at O.XYZ.
For years, a broken value exchange has defined the web. AI companies, racing to build powerful models, deployed bots to scrape a vast internet of content without permission or compensation. This practice of harvesting news, art, and data undermined the creators who fuel the digital world.
Cloudflare, the gatekeeper for...
Bitcoin (BTC) continued to trade between $100,000 and $110,500 for a second consecutive week as smaller investors replaced whales on the buy side, Bitfinex Alpha reported on July 7.
The report noted that BTC spent most of July so far within a 10% channel, capped by the January high of $109,590 and floored near the Short-Term Holder Realized Price (STH-RP) of $99,474.
Despite a brief fall beneath...
Ethereum co-founder Vitalik Buterin said he is rethinking his long-held preference for permissive software licenses, advocating for broader use of “copyleft” frameworks as open source enters what he described as a more competitive and concentrated era.
In a blog post published on July 7, Buterin explained that permissive licenses such as MIT or CC0 have historically been his choice because they...
Bit Digital sold 280 Bitcoin (BTC) from its treasury and used the proceeds to purchase Ethereum (ETH), marking the completion of a three-month transition to an Ethereum-only treasury strategy.
According to a July 7 announcement, the New York-based miner also closed an underwritten share sale that raised approximately $172 million in gross proceeds, as stated in the company’s announcement. ...