Tether is reportedly eyeing up to a $500 billion valuation, which would rank the stablecoin issuer among the world’s most valuable companies. Source: cointelegraph.com (Read Full Article)
Stablecoin Titan Tether Seeks $500 Billion Valuation on $20 Billion Raise: Report
Tether would potentially join the ranks of OpenAI and SpaceX, which received similar valuations. Source: decrypt.co (Read Full Article)
SOL long leverage traders vanish as crypto sells off: Is $200 next?
A rotation to Aster, US macroeconomic concerns and broad crypto market sell-off take a toll on SOL price. Will TradFi accumulation keep Solana price above $200? Source: cointelegraph.com (Read Full Article)
FTX Trust seeks to claw back $1B from Genesis Digital
The lawsuit alleged that former FTX CEO Sam Bankman-Fried directed investments in shares of a crypto mining company in Kazakhstan — funds the exchange’s trust now wants returned. Source: cointelegraph.com (Read Full Article)
Crypto VC firm Archetype closes $100M early-stage fund
Archetype has closed a $100M+ fund backed by institutional investors, aiming to support onchain infrastructure, stablecoins and real-world assets. Source: cointelegraph.com (Read Full Article)
Robot Swarms Could Solve Blockchain’s Oracle Problem, Researchers Say
New study shows mobile robots can collectively verify real-world data for smart contracts while resisting attacks. Source: decrypt.co (Read Full Article)