Pantera Capital Invests $300 Million in Crypto Treasury Firms, Predicts Gains Could Surpass ETFs
Pantera Capital has committed $300 million to a group of fast-growing crypto treasury companies, expressing confidence that their performance could outpace traditional crypto exchange-traded funds (ETFs) and direct token holdings. According to Pantera, these companies, known as Digital Asset Treasuries (DATs), can generate yield through staking and decentralized finance (DeFi) lending. This yield increases their […]
US Authorities Seize $1M and Shut Down Websites Linked to Crypto Ransomware Gang BlackSuit
US law enforcement agencies have dismantled the online infrastructure of the notorious ransomware group BlackSuit, seizing more than $1 million in cryptocurrency linked to the gang’s illicit activities. The takedown is part of a broader effort to combat cybercriminal groups that target businesses, hospitals, and government agencies with ransomware attacks . The Justice Department announced […]
HashFlare Founders Get Time Served in $577M Crypto Ponzi Case
The two Estonian co-founders of the collapsed crypto-mining platform HashFlare have been sentenced to time served after being found guilty in a massive $577 million Ponzi scheme. Sergei Potapenko and Ivan Turõgin, both 39, have already spent 16 months in custody in the United States, which the court ruled was sufficient punishment. U.S. District Judge […]
Coinbase Revives Stablecoin Bootstrap Fund to Supercharge USDC Liquidity in DeFi
Coinbase has relaunched its Stablecoin Bootstrap Fund, nearly six years after its first introduction, to boost liquidity for USD Coin (USDC) across the decentralized finance (DeFi) ecosystem. The initiative, led by Coinbase Asset Management, will focus on strengthening USDC’s presence and utility on multiple blockchain networks. The renewed program will initially deploy liquidity into major […]