Live updates: Bitcoin slips below $63,000 as oil, yields climb
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.
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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 had also paused other protocol functions on legal advice… Read More
SEC to again delay ‘innovation exemption’ for tokenization amid Wall Street, White House concerns
The source also said SEC staff have become increasingly focused on the agency’s legal authority to issue such broad relief, including whether it has completed sufficient economic analysis and followed the procedural steps required to justify an exemption. Industry insiders have been instructed that this… Read More
Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars
Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the Big Four, the group of accounting giants that also includes Deloitte, EY and PwC and audits many of the world’s largest… Read More
Bullish (BLSH) Q2 revenue climbs as CoinDesk parent reports $280 million loss
Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported second-quarter net loss of $280 million, on Thursday, compared to $108.3 million for the equivalent period a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization came in at $29.5 million, more than… Read More
Speculation on dogecoin is back to October 2025 levels. The price is down 70%
Futures positioning has rebuilt to levels last seen when dogecoin traded at three times today’s price, and more than three accounts are betting on a rebound for every one betting against.