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Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm

Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm

2 weeks ago by Crypto InsightsCrypto

“Tether is aware of the allegations reported in The Wall Street Journal that form the basis of Senator Blumenthal’s letter,” the company said in a statement. “External counsel previously conducted an in-depth internal investigation into the matter, which found no evidence of wrongdoing.” CoinDesk had… Read More

Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether

Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether

4 weeks ago by Crypto InsightsCrypto

“While Tether claims to operate out of El Salvador, the vast majority of its assets reside in the United States under your custodianship,” the Connecticut lawmaker wrote. “As Congress considers how to best regulate digital assets, your partnership with Tether will provide important insights into… Read More

Steam is on track to top $20 billion in revenue for the first time

Steam is on track to top $20 billion in revenue for the first time

4 weeks ago by Crypto InsightsComputer Tips

Bottom line: Steam is on course to generate more than $20 billion in gross revenue in 2026, a first for the platform, after posting record results for September and the third quarter, according to estimates from Alinea Analytics. The gains came from a mix of… Read More

Another Trump memecoin dinner advertised for token’s top investors

Another Trump memecoin dinner advertised for token’s top investors

1 month ago by Crypto InsightsCrypto

That had been a point of disappointment for some participants in past events: While Trump briefly appeared, they didn’t get a chance to meet him. Since his memecoin’s launch in the days before he took office again, investors have lost billions of dollars, and those… Read More

The restaking gold rush is over, and top protocols are barely making a profit

The restaking gold rush is over, and top protocols are barely making a profit

1 month ago by Crypto InsightsCrypto

EigenLayer held $19.7 billion at its peak and liquid restaking tokens grew more than 1,000% in the first six weeks of 2024. But the services buying security never paid enough to cover both the base staking yield and a premium on top, so the second… Read More

US Wallets Top Polymarket Political Bets Despite Geoblock: Report

US Wallets Top Polymarket Political Bets Despite Geoblock: Report

4 months ago by Crypto InsightsCrypto

US-based users are the biggest political bettors on Polymarket, despite the crypto-based prediction market’s efforts to restrict US citizens from using the decentralized platform, according to new research.  Blockchain research firm Allium estimated in a report published on Thursday that US-based users are the single… Read More

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