Jack Mallers has stepped down as CEO of Twenty One, a Bitcoin treasury firm backed by Tether, after just seven months due to disagreements with the board over the company's future. His departure follows public questioning of Twenty One's financial metrics and digital credit yields earlier this year, which sparked investor concerns. Mallers denied any misconduct, stating he took no severance and forfeited his options. The firm is now fully controlled by Tether and is reconsidering its business model under new leadership focused on cash flow rather than just Bitcoin accumulation.
In the week of October 18-25, 2026, Solana dominated the real-world asset (RWA) tokenization sector by attracting $453.5 million, accounting for 73% of total inflows among the top 10 blockchains. Ethereum experienced a $26 million loss in tokenized s...
On October 25, Bitcoin (BTC) led cryptocurrency inflows with $6.29 million, followed by Zcash (ZEC) at $4.68 million and Solana (SOL) at $3.06 million. Despite BTC's inflow, it also recorded the largest outflow at $43.90 million. Stablecoins saw mixe...
In a recent 24-hour period, Pump.fun generated $1.98 million in protocol revenue, slightly surpassing Hyperliquid's $1.96 million. However, over a seven-day span, Hyperliquid led with $15.06 million compared to Pump.fun's $9.65 million. Tether and Ci...
Tether has frozen approximately $2.2 million in USDT connected to outflows from CoinDCX after the exchange admitted to losses caused by a failed process securing deposits sent to retired wallet addresses. The freeze specifically targets the USDT fund...
Papertrade generated $13.38 million in protocol revenue over seven days, ranking fifth among 10 protocols as of October 23. It trails behind Tether ($122.87M), Circle ($48.98M), Hyperliquid ($15.10M), and Pump ($14.71M). Papertrade offers synthetic p...
