Stablecoin
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CRV’s Price Dips 13%: Micheal Egorov Suffers Huge Liquidation
Michael Egorov, the founder of Curve Finance, faces a huge liquidation after a sharp decline in CRV’s value, highlighting the…
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Tether Moves $2 Billion USDT to Ethereum for Better Liquidity Management
Key Insights: Tether conducts a $2 billion USDT chain swap, moving reserves from multiple blockchains to Ethereum for better liquidity.…
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Ripple CEO Sees Strong Potential for Yen Stablecoin in Japan’s Crypto Market
Key insights: Ripple CEO Brad Garlinghouse anticipates growing demand for a Yen-backed stablecoin in Japan due to the country’s favorable…
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Hong Kong-based Online Broker Introduces Bitcoin and Ethereum Trading
Futu Securities became the first brokerage in Hong Kong to introduce Bitcoin and Ethereum trading. As per the report, the…
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Stablecoin Startup Stables Partners with Mastercard to Expand Its Operations in Europe
Stables co-founder Bernado Bilotta talked about the launch of Australia-based stablecoin firm in Europe. Bilotta noted that stablecoins are now…
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Uphold to Delist Six Stablecoins by July 1 in Compliance with MiCA
Key Insights: Uphold will delist six stablecoins, including USDT, by July 1 to comply with new EU MiCA regulations. Users…
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Ripple Labs Adduces Terra Settlement Petitioning Lower Penalty to $10M
Ripple Labs, through its lead attorney, filed an appeal that pointed to the Terra $4.5B settlement, urging for a lower…
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Orbit Chain Hackers Transfer $48M through Tornado Cash
At the beginning of this year, the famous cross-chain protocol Orbit Chain suffered a malicious attack that resulted in a…
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Donald Trump Praises Crypto as He Vows to Become the ‘Crypto President’
Former US President Donald Trump has accelerated efforts in regard to crypto advocacy. The decision was part of the election…
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Stablecoin Issue Tether Increases Ownership in Bitcoin Miner Bitdeer
A new SEC filing on June 4 shows that Tether, the company behind USDT, owns 25% of Bitcoin miner Bitdeer’s…
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US Authorities Arrest Two Scammers in $73 Million Crypto Scam
The law enforcement agency in the United States has taken cryptocurrency scammers into custody. According to a new report, the…
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MarkerDAO Gears Up to Launch Decentralized Stablecoin ‘PureDai’
The decentralized autonomous organization MakerDAO has revealed plans to launch a new stablecoin, PureDai. The US dollar will back the…
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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment
In its Thursday report, the giant payment company Stripe revealed plans to support USD Coin (USDC) payments. The announcement created…
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Tether Pledges to Block Payments After Venezuela Looks to USDT to Bypass Oil Sanctions
The company behind the world’s largest stablecoin, USDT Tether, pledges to freeze assets made to the entities sanctioned by the…
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Tether USDT Stablecoin Unveils on TON Blockchain
The USDT stablecoin issuer Tether announced stronger ties with Telegram’s Web3 ecosystem, allowing the unveiling of dollar-pegged USDT and gold-backed…
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Australian Regulator to Take Legal Action Against Illegal Crypto Mining Companies
Australian regulators have launched civil proceedings against two local firms namely NGS and DCA Capital after their demise. This sudden…
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