The uncollateralized receivable runs to 2028, while an Aug. 6 sensitivity puts market value 24.5% below company-calculated NAV.
The post Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount appeared first on CryptoSlate.
Aug. 7 is the final spending day; cardholders should finish withdrawals, rewards claims and wallet-access steps before the later date.
The post If you use a Cypher or Osmosis card, your spending dies tonight and unbacked wallets could go with it appeared first on CryptoSlate.
Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the payment startup used its partnership with Binance to divert more than 470,000 Binance Card customers into its own competing stablecoin card. As Bloomberg News reported, Binance claims $472.8 million in losses, built on an estimated $925 lifetime value per customer, and says RedotPay […]
The post How a crypto startup quietly siphoned 470,000 Binance users to build a $4 billion card empire appeared first on CryptoSlate.
Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.
Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.
The investment brings the company’s total raised to $106 million across seven funding rounds since November 2021.
DeFi supplied the largest share of 109 tracked exits, but project counts cannot time the market.
The post Is crypto dead yet? Project shutdowns peaked this April but the latest 2026 data hides a scarier trend appeared first on CryptoSlate.
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.
CoinGecko shows 208.33 million and Tokenomics.com 233.332 million, but accessible official terms confirm only the investor-and-contributor tranche.
The post A massive 100 million PROVE tokens unlock today, but razor-thin liquidity reveals a market unprepared for a 51% supply shock appeared first on CryptoSlate.
Redemptions exceeded mints, yet circulation rose 19% as lower reserve yield sharpened attention on an undisclosed ARC Token contribution.
The post USDC redemptions just outpaced mints by $4B, but a massive new token presale is quietly doubling Circle’s revenue outlook appeared first on CryptoSlate.
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago.
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.
Tokenizing equities has generated significant interest from both crypto natives and firms like JPMorgan and Goldman Sachs.
Binance has launched Lite Loan, a bitcoin-backed borrowing product that lets eligible users borrow up to $1,000 in USDT.
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.
The CLARITY Act enters the Senate's final scheduled week before the August recess. Monday's floor schedule opens with H.R. 6500, a government funding vehicle, and CLARITY has yet to appear on the schedule. Negotiators are still working through disputes over government ethics and stablecoin rewards, and prediction markets price the odds of the bill becoming […]
The post Five days, a 30% chance, and a battle over Trump’s crypto profits: Inside the Senate’s scramble to pass CLARITY Act before Friday appeared first on CryptoSlate.
The full balance is restricted, while scoped liens and token rights leave its freely usable share undisclosed.
The post After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw appeared first on CryptoSlate.
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
The token rewards roughly matched its non-GAAP cash-cost proxy but remained unsold as warrants for up to 33.5 million shares became exercisable.
The post One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story appeared first on CryptoSlate.
Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a negative $3.17 billion first-half financial result, and the company's materials do not reconcile the two figures. Subtracting the first quarter's positive $1.04 billion financial result from that first-half figure implies a […]
The post Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days appeared first on CryptoSlate.
A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.
Tether swung from $4.9 billion in net profit for Q2 2025 to $1.5 in net operating profit during the second quarter of this year.
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most important settlement...
Enlivex pledged commercially reasonable efforts to hold the shareholder vote within 60 days, while the second $400 million remains optional.
The post Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug appeared first on CryptoSlate.
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.
Circle won a limited-purpose trust charter from NYDFS for Circle Internet Trust Company after securing final OCC national trust approval.
Open orders will be canceled and final positions settled against contract-specific 30-minute indexes at 12:00 UTC.
The post BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees appeared first on CryptoSlate.
Today's bridge model won't scale as hundreds of companies issue their own stablecoins, fragmenting liquidity, Brale CEO Ben Milne said in an interview.