Tether co-founder launches rival stablecoin that offers yield
19 Feb 2025
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Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with the original dollar-pegged token he helped create, upping the ante in a corner of the cryptocurrency market that has seen intense competition. According to a Feb. 18 Bloomberg report, Collins is now chairing Pi Protocol, a self-proclaimed decentralized project that will launch on…

DeFi finds new use for staked crypto with ‘restaking renaissance’
19 Feb 2025
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KernelDAO enhances restaking by enabling stakers to reuse assets across Ethereum and BNB Chain through its Kelp, Kernel and Gain protocols. Many blockchain networks are shifting to a proof-of-stake model, where participants secure the system by locking up their tokens (staking) rather than relying on power-hungry computations. This method rewards stakers with newly issued tokens or fees…

Crypto firms need to go public to ‘address Wall Street’ — BitGo CEO
19 Feb 2025
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BitGo CEO Mike Belsche has said that crypto companies going public are key to drumming up trust in digital assets and addressing traditional finance players. “One of the things I think, in order to address Wall Street, you’ll [need to] be a public company,” Belsche said on stage on Feb. 19 at Consensus Hong Kong…