Tag: Crypto

ALT5 Sigma, a crypto treasury company associated with United States President Donald Trump, has undergone a significant leadership reshuffle amid growing scrutiny of its ties to World Liberty Financial (WLFI). The firm removed chief executive Jonathan Hugh in November and ended its relationship with chief operating officer Ron Pitters. Tony Isaac, currently serving as president…

Tether has accumulated 116 tonnes of physical gold, placing the stablecoin issuer alongside the central banks of South Korea, Hungary and Greece in terms of total reserves. An analysis by Jefferies, cited by the Financial Times, states that Tether is now the largest gold holder outside central banks. The firm believes that Tether’s aggressive buying…

MoonPay has secured a trust charter from the New York Department of Financial Services (NYDFS). This follows the company’s approval for a BitLicense in June. The new authorisation positions MoonPay among a limited group of crypto firms that hold both approvals in the state. With this trust charter, MoonPay can now offer crypto custody as…

Kintsu has launched its liquid staking protocol on the Monad mainnet, introducing a community-driven model that aims to balance decentralisation, liquidity and yield more effectively in proof-of-stake networks. The protocol uses a performance-based validator marketplace and a single governance token that helps coordinate decision-making while rewarding network participants. A New Approach to Traditional Staking Limitations…

Zcash has fallen sharply after an explosive rally, with analysts divided on whether the recent drop signals a healthy correction or the beginning of a deeper slide. ZEC has declined around thirty percent from its November peak of $750, fuelling concerns that the surge was driven by unsustainable hype. Technical Patterns Point Toward a Steeper…

Spot Bitcoin ETFs in the United States faced another turbulent day as heavy outflows continued through November. The month is now on track to become the worst since the products launched in January 2024. Meanwhile, a surprise appearance by US Treasury Secretary Scott Bessent at a Bitcoin-themed bar ignited excitement across the crypto community. A…

Metaplanet has announced plans to raise $135 million through the issuance of new Class B perpetual preferred shares as part of a restructuring effort aimed at expanding its Bitcoin-centred treasury strategy. The proposal, disclosed in filings to the Tokyo Stock Exchange, forms a key element of the company’s long term bet on the cryptocurrency despite…