Coindesk
Crypto News Source: coindesk.com
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
The Thursday total ETF flow was negative, with GBTC leading the packSource link
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.Source link
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.Source link
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.Source link
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.Source link