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Tether creates $495 million batch of gold tokens
Tether has minted about $495 million of its gold-backed XAU₮ token, adding a large new batch of digital bullion as the market for tokenised gold expands. Blockchain analytics firm Arkham identified the issuance on September 29, saying Tether’s latest mint involved XAU₮ rather than its much larger dollar-linked USDT stablecoin. The transaction comprised roughly 119,670 XAU₮ and was valued at about $494.6 million at the time, based on the
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Tether creates $495 million batch of gold tokens
Tether has minted about $495 million of its gold-backed XAU₮ token, adding a large new batch of digital bullion as the market for
Open USD enters market with shared ownership model
Open USD, a dollar-backed stablecoin supported by major payments, technology and cryptocurrency companies, has gone live with a model that distributes reserve income
Polymarket adds 15-minute Bitcoin markets to US app
Polymarket has added 15-minute Bitcoin price markets to its US app, giving users a new way to trade contracts tied to whether the
California bars public officials from launching meme coins
California Governor Gavin Newsom has signed legislation prohibiting state and local public officials and certain government employees from issuing meme coins, while restricting
THORChain rejects Bitget request to block hacker wallets
THORChain has rejected Bitget chief executive Gracy Chen’s call to block addresses linked to the cryptocurrency exchange’s $387.5 million security breach, arguing that
Hunter Biden maintains LAPTOP retains value after plunge
Hunter Biden has defended his $LAPTOP memecoin after its spectacular launch-day collapse, saying the cryptocurrency still retains significant value and insisting that neither
