Tether’s USDT minting on Tron coincided with Bitcoin’s recovery above $101,570 after a sharp drop, sparking speculation of increased liquidity demand in the market. Its actions align with industry-wide adjustments prompted by the proposed GENIUS Act, which mandates strict reserve backing, audits, and operational transparency for stablecoins. Tether has minted 2 billion USDT on the…
Strategic reserve expansion aims to strengthen Imagen’s multichain liquidity and cross-chain functionality. June 16, 2025 1:00 AM EDT | Source: Kaj Labs Singapore, Singapore–(Newsfile Corp. – June 16, 2025) – Imagen Network, the decentralized AI-powered social platform, has announced that its developer will allocate $125 million worth of Ripple (XRP) to its project reserves….
While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity…
Cointelegraph has alerted its users to a fraudulent pop-up appearing on its website, falsely claiming to offer “Cointelegraph ICO Airdrops” and “CTG tokens.” The malicious pop-up, which emerged on June 23, 2025, encourages users to connect their cryptocurrency wallets and enter personal information in exchange for nearly $5,500 worth of non-existent tokens. Cointelegraph has advised…
Key Takeaways Bitcoin price dropped as Iran’s Parliament approved the closure of the Strait of Hormuz, heightening fears of oil supply shocks and global inflation. A prolonged closure of the strait could drive oil above $100 per barrel, impacting global GDP, inflation, and crypto markets. Share this article The price of Bitcoin fell from nearly…
