BlackRock’s Bitcoin ETF sheds $430 million, its largest single-day outflow

Key Takeaways BlackRock’s iShares Bitcoin Trust faced its largest single-day outflow of over $430 million. US-listed spot Bitcoin ETFs collectively experienced $616 million in outflows amid Bitcoin’s price decline. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw over $430 million in outflows after markets closed Friday, snapping a week-long inflow streak that had lasted […]

1 min read

Stripe holds early talks with banks to explore stablecoin integration

Photo: T. Schneider Key Takeaways Stripe is in early talks with banks to explore stablecoin integration for future payment solutions. The move highlights the growing significance of stablecoins in global payment systems and digital asset management. Share this article Stripe is already talking to banks about how they might use stablecoins for global payments, co-founder […]

3 mins read

Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites oracle debate

A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler […]

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Most Stocks Suck

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