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These payments will be drawn from FTX’s $11.4 billion cash reserve.
Just a week after co-founder Andre Cronje revealed that the firm was building a USD-based algorithmic stablecoin offering an annual percentage rate of up to 23%, the company made an abrupt U-turn.
Kalshi argues that its contracts fall under the regulatory domain of the U.S. Commodity Futures Trading Commission (CFTC), not state-level gaming regulators.
Share link:In this post: MARA Holdings is launching a $2 billion stock offering to buy more Bitcoin and strengthen its holdings. To facilitate the stock sale, the company has secured an at-the-market (ATM) equity program with major investment banks. MARA is following Michael Saylor’s strategy of issuing equity to acquire Bitcoin, now holding 46,376 BTC.
- 02:10The Russian Natural Gas Industrial Bank will issue digital financial assets worth approximately 23.54 million US dollarsAccording to RBC.ru, according to the DFA issuance resolution published on the official website of the National Settlement Depository (NSD) of Russia, GazpromBank of Russia's natural gas industry will issue digital financial assets (DFA) with a total value of 2 billion rubles (about 23.54 million US dollars). It is reported that Russian DFA is a tokenized certificate of physical assets based on blockchain technology and does not belong to the category of cryptocurrencies or tokens traded in cryptocurrency exchanges. DFAs can only be issued by information system operators officially certified by the Central Bank of Russia, including institutions such as Sberbank, Alfa Bank, Atomyze, Masterchain, NSD etc.
- 01:55Data: Last week, the market value of stablecoins increased by 1.738 billion US dollars, a sequential increase of 0.75%According to DeFiLlama data, the current total market value of stablecoins in the crypto market is $233.858 billion, an increase of $1.738 billion from last week, a sequential growth of 0.75%. Among them, USDT's market value accounts for 61.77%.
- 01:44Two whales holding 125,603 ETH on Maker face liquidation riskAccording to Lookonchain monitoring, two whales holding 125,603 ETH ($229 million) on Maker are facing liquidation risks. The liquidation prices are respectively $1,787.75 and $1,701.54.