Coindesk

Tether to Fight Celsius’ $3.3 Billion ‘Shakedown’ Litigation

Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday.Source link

Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue

Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend.Source link

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.Source link

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.Source link

Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.Source link