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SBF and Alameda step in to prevent crypto collapse contagion

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SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.”

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Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network

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Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.

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Coin Market

Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

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Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

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Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms

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Kalshi previously said it had been placed in an “impossible position” after federal authorities directed the company to ignore a Michigan restraining order issued in June.

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