Tag: UNI

Tether issued 1 billion USDT on Ethereum and froze $344 million in cooperation with US authorities, with cumulative freezes exceeding $4.4 billion; the Bank for International Settlements warned that crypto exchanges are forming a 'shadow banking' system, and over 100 US companies urged legislation to clarify regulatory division of labor.

AngelList's new fund, USVC, led by Naval Ravikant, opens investment access to unlisted growth companies for retail investors with a minimum threshold of just $500, aiming to capture the value growth window of companies in the seven years before their IPO.

Kelp DAO discloses the latest progress on the rsETH security incident, having collaborated with the Arbitrum Security Council and the SEAL 911 team to freeze stolen funds and initiate an investigation, while accelerating efforts to seek a mutually beneficial solution.

The crypto VC market has significantly contracted, with investors either exiting, pivoting to AI, or doubling down on the crypto track. Experts believe opportunities emerge after the bubble bursts, with the industry only 5% through its journey, making now a prime time for deep cultivation.

BTC approaches $80,000, with the market sentiment index posting its largest single-day gain in three months, but spot demand contraction poses a risk of pullback.

Belarus plans to authorize crypto banks to support 26 digital currencies and 11 types of services, covering deposits, loans, etc.

Wall Street giants Goldman Sachs, Morgan Stanley and others have collectively shifted, launching Bitcoin ETFs or opening spot trading, marking Bitcoin's official entry into the traditional financial system.

A whale address deposited 1.397 million UNI to three exchanges, worth approximately $4.6 million, and is associated with DeFiance Capital.

Ripple releases a quantum-resistant upgrade roadmap for XRP Ledger, planning to complete the network-wide migration by 2028 in four phases, with research on a zero-knowledge proof security fallback solution already underway.

Quant giant Jane Street has filed a motion to dismiss the Terra insider trading lawsuit, denying allegations that it used insider information to close positions before the Terra collapse, and stating that the plaintiff's claims lack evidence.

The rsETH incident has created a funding gap of approximately 68,900 ETH ($160 million), with the DeFi joint rescue operation having raised about 13,500 ETH ($31.45 million) in donations.

Financial disclosures for Trump-nominated Fed Chair Kevin Warsh show he holds over $130 million in crypto assets, facing three major challenges: rising inflation, a shift in stance on AI-driven deflation, and independence. During the hearing, he faced questions but refused to commit to a specific interest rate path.