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Binance to shift $1 billion user protection fund into bitcoin amid market rout

Binance to shift $1 billion user protection fund into bitcoin amid market rout

4 months ago by Crypto InsightsCrypto

Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to… Read More

Silver nears $1 billion in volume on Hyperliquid as BTC remains frozen: Asia Morning Briefing

Silver nears $1 billion in volume on Hyperliquid as BTC remains frozen: Asia Morning Briefing

4 months ago by Crypto InsightsCrypto

Silver is now a front-page asset on Hyperliquid, highlighting a subtle shift in how crypto derivatives venues are being used as bitcoin struggles to find direction. The SILVER-USDC contract has become one of Hyperliquid’s most active markets, trading around $110 during Asia hours and posting… Read More

How Strive’s new ‘perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem

How Strive’s new ‘perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem

4 months ago by Crypto InsightsCrypto

Strive (ASST), a bitcoin treasury and asset management company, is using perpetual preferred equity to retire convertible debt and restructure its balance sheet, a method that could offer a template for Strategy (MSTR) in the future. On Thursday, the company priced a follow-on offering of… Read More

Crypto trading platform with CZ as advisor sees sudden $2 billion volume surge on 'airdrop' hype

Crypto trading platform with CZ as advisor sees sudden $2 billion volume surge on 'airdrop' hype

4 months ago by Crypto InsightsCrypto

Users are actively trading in hopes of qualifying for future perks, with the platform hinting at an airdrop in 2026 and receiving a multi-8-figure investment from YZi Labs.

Elon Musk once backed a $10 billion OpenAI ICO, internal notes show

Elon Musk once backed a $10 billion OpenAI ICO, internal notes show

4 months ago by Crypto InsightsCrypto

Internal OpenAI call notes show Elon Musk agreed to explore an ICO with a for-profit arm in early 2018, but later dropped the idea and exited the organization.

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

4 months ago by Crypto InsightsCrypto

CEO Ronald O’Hanley says the transformation isn’t about bitcoin, but about reengineering traditional assets for faster, modern rails.

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