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Tether plans Gold-backed loans with Ledn using XAUT
USDT issuer Tether and crypto lender Ledn have laid out plans to let holders of Tether Gold (XAUT) borrow against the it later in the year, which would open a lending channel taking advantage of the stablecoin issuer’s $23 billion physical gold reserve. Tether partners with Ledn Lending platform Ledn announced it will add XAUT...Cryptopolitan
Sat, Jun 27
Arthur Hayes faces fresh exit liquidity accusations over $CARDS token sale
BitMEX co-founder Arthur Hayes is facing another round of exit liquidity allegations after on-chain observers flagged that his fund, Maelstrom, appeared to offload $1.92 million worth of $CARDS tokens within days of Hayes publicly promoting the project. The move, which is recognized as using others as “exit liquidity” to get out of a trade, is...Cryptopolitan
Sat, Jun 27
Coinbase CEO floats Chinese open-weight AI models as antidote to runaway bills
Coinbase’s CEO has proposed experimenting with cheaper open-weight AI models to keep AI spending in check as token consumption climbs. This proposal has led to concerns over the security and geopolitical risks of directing enterprise workloads through Chinese-origin systems. Why are companies using Chinese AI models? U.S. export controls have made it harder for Chinese...Cryptopolitan
Sat, Jun 27
Singapore's MAS puts Hyperliquid on investor alert list
The Monetary Authority of Singapore has placed fast developing decentralized trading platform Hyperliquid (HYPE) on its Investor Alert List on Friday, flagging both the Hyper Foundation website and the Hyperliquid trading application as unlicensed entities operating without regulatory authorization in the city-state. The listing makes Hyperliquid one of the first major decentralized finance protocols to...Cryptopolitan
Sat, Jun 27
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