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Investors remain cautious as Tether reassesses its fundraising efforts amid questions about its hefty valuation. Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as

Reports say a wealthy Abu Dhabi investor bought a near-half stake in a crypto company tied to the Trump family. The transaction, reported to be worth about $500 million, involved an entity linked to Sheikh Tahnoon bin Zayed Al Nahyan. It has prompted questions in Washington and stirred activity in the markets where the company’s

ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown

Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding. Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no

Crypto.com has spun out its prediction markets business into a standalone platform after reporting explosive growth, entering a crowded but booming industry. Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi.  OG is powered by Crypto.com Derivatives North

Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week. Thousands

Stablecoin-related dust activity is now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. “Dusting” attacks are a form of address poisoning in which attackers send tiny crypto transfers from look-alike wallet addresses to trick

In what some may see as a unique and slightly dystopian use of artificial intelligence, a crypto developer has launched a website that enables AI agents to rent humans to do tasks in “meatspace.”  In a post via X on Monday, user Alex, or @AlexanderTw33ts, an engineer at decentralized finance platform Uma Protocol and layer-2

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to “broad-based performance across trading and asset-based businesses,” with total transaction volumes rising 34% over the

Ethereum co-founder Vitalik Buterin said the original vision of layer-2 scaling “no longer makes sense,” arguing that many L2s have failed to properly inherit Ethereum’s security and that scaling should increasingly come from the mainnet and native rollups. “We need a new path,” Buterin said in a post to X on Tuesday, arguing that many