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Key Takeaways Trillions of PYUSD Mistakenly Minted in a Blockhain Glitch The crypto community was momentarily stunned after blockchain data revealed that stablecoin issuer Paxos had accidentally minted a staggering 300 trillion tokens of the PayPal USD (PYUSD) stablecoin. The value of this colossal amount, pegged 1:1 to the US dollar, was equivalent to over … Read more

Key Takeaways What Is the Tether-Celsius Settlement? Tether has reached a $299.5 million settlement with the Celsius Network bankruptcy estate. This settlement, announced by the asset recovery group BRIC (a partnership that includes VanEck), resolves a major piece of litigation from the 2022 collapse. The core of the conflict was Celsius’s claim that Tether improperly … Read more

Key Takeaways A massive Bitcoin short position, valued at $735 million, which was placed on the decentralized exchange Hyperliquid moments before US President Donald Trump announced a 100% tariff on Chinese imports, has ignited a firestorm of controversy and allegations of insider trading. The focus of the claims is Garrett Jin, the former CEO of … Read more

Key Takeaways The most talked-about trader in crypto is back. A “whale” on the decentralized derivatives platform, Hyperliquid (associated with the wallet address 0xb317), has made a stunning reappearance by placing another huge bet against Bitcoin. This is the same entity that, just before the market’s recent plunge following President Trump’s tariff announcement, perfectly executed … Read more

Key Takeaways Former Binance co-founder Changpeng “CZ” Zhao, who recently completed a four-month prison sentence, is reportedly a candidate for a presidential pardon from the Trump administration. Sources close to Zhao have suggested that the current administration views the case against him, a plea of guilty to a money laundering charge in 2024, as “pretty … Read more

Key Takeaways Jupiter Introduces JupUSD to the Solana Ecosystem Jupiter, the leading decentralized exchange (DEX) aggregator on the Solana blockchain, is set to significantly expand its product suite with the launch of its own stablecoin, JupUSD. This strategic move, planned for mid-Q4 2025, is being executed in partnership with Ethena Labs, the innovators behind the … Read more

Key Takeaways YZi Labs, the venture capital firm formerly known as Binance Labs and led by Binance co-founder Changpeng “CZ” Zhao, has announced a significant commitment to the BNB ecosystem with the launch of a new $1 billion Builder Fund. This massive capital injection is aimed at accelerating the development of projects, specifically on the … Read more

Key Takeaways The most remarkable aspect of this rally is its sheer speed and scale compared to the broader market. While the total crypto market capitalization only increased by about 5.5% since the beginning of the month, BNB’s market cap surged by an astonishing 28% in just seven days. This massive influx of capital added … Read more

Key Takeaways Bitcoin has entered a new phase of price discovery, clocking a fresh record high of $125,700 over the weekend. Following this “impulsive” move past previous resistance, a consensus is forming among analysts that the world’s leading cryptocurrency is set for its next major leg up. Crypto analyst CrediBULL Crypto stated the journey to … Read more

Key Takeaways The volatile world of memecoins once again demonstrated its unpredictable, high-reward nature when a single trader turned a $3,000 investment into approximately $2 million in mere hours. This extraordinary gain was triggered by a viral social media post from Binance co-founder Changpeng “CZ” Zhao. From Phishing Incident to Community Meme The “4” ($4) … Read more