Latest from Krisztian Sandor
Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off
An unexpected change in the redemption mechanism of the protocol's yield-generating token caught investors off-guard, throwing the DeFi community into disarray.
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.
Bitcoin Heads to $90K as Crypto Selloff Gathers Steam
Strong economic data and a slumping bond market have called into question the idea of any rate cuts this year.
MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard
Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain.
Bitcoin Returns Above $100K as Early 2025 Crypto Rebound Continues
Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL
Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.
Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut
The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its stablecoin operations this year.
