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Crypto Biz: MicroStrategy’s Bitcoin bet swells

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This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.

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Coin Market

Tether mints $1 billion USDt on Tron, pays zero fees — Arkham

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According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.

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Coin Market

Ethena adopts fee-sharing proposal for ENA token

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Now the protocol is working on a value accrual mechanism for ENA stakers. 

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Coin Market

Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana

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Blockaid scanned over 180 million transactions of Backpack’s users between June and September, detecting more than 71,000 malicious activities on the Solana network. 

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