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NUSD Redemptions Paused as Neutrl Reviews Reserves

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear. On Thursday, Neutrl said it...

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Litecoin

NUSD Redemptions Paused as Neutrl Reviews Reserves

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause...
Crypto Dest -
Coins

UBS Ups Bitcoin Position, Buys More Shares In BlackRock ETF

Switzerland’s largest bank has upped its exposure to Bitcoin, according to regulatory filings.  UBS bought more shares in BlackRock’s iShares Bitcoin...
Crypto Dest -
Bitcoin

Morgan Stanley’s Bitcoin ETF drew $371 million of share contributions while Bitcoin erased $66.8 million

Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million decrease in net assets from operations during its first 85 days, even as the exchange-traded...
News Desk -
Litecoin

Figure Loan Marketplace Volume Reaches $4.3B in Q2

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly...
Crypto Dest -
Bitcoin

Soluna has 6.3 GW of data center projects on paper, only 192 MW are operating

Soluna Holdings, a renewable-powered data center operator spanning Bitcoin mining and developing AI infrastructure, reported rapid revenue growth in the second quarter alongside weaker...
News Desk -
Coins

White House To Host Crypto Industry Execs Next Week: Report

Crypto and prediction market bigwigs are set to gather at the White House next week, according to a Thursday report from...
Crypto Dest -
Bitcoin

Bit Digital pledged 74% of its staked Ethereum position to a loan that can trigger a 24-hour collateral call

Bit Digital funded the majority-owned AI infrastructure company WhiteFiber without selling Ethereum or issuing new shares, but the route added a new dependency to...
News Desk -
Coins

Bitcoin’s Bear Cycle Looks Familiar — And That Might Be The Bullish Case

Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline...
Crypto Dest -
Bitcoin

DATA Foundation token lockups: 18-month extension

Tokens held by DATA Foundation's team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project's earlier...
News Desk -
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