Stablecoin
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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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Frax Finance Enters DeFi Liquidity, Allocates $250M of Ethena Labs’ USDe
Decentralized finance (DeFi) lending platform Frax Finance approved the community governance proposal to allocate $250M to a newly established liquidity…
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South Korea Tightens Rules for Cryptocurrency Exchanges
Regulatory agencies in South Korea are to tighten compliance criteria for cryptocurrency firms. A recent report claimed that the licensed…
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Argentina Sets New Regulatory Requirements for Crypto Exchanges
The President of the regulatory agency in Argentina recently noted that unlicensed crypto firms in the region will not be…
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HSBC Unveils Tokenized Gold Targeting Hong Kong-based Retail Customers
HSBC is responding positively to the Hong Kong government’s call for public access to digital assets by unveiling tokenized gold…
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Bitcoin Demand in Argentina Reaches Highest Point in 20 Months
Bitcoin continues to be one of the most in-demand digital currencies among investors in Argentina. The local fiat pesos have…
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Crypto Exchange Liquidity: What Is It And How Does It Work?
Like the traditional financial system, maintaining healthy liquidity ensures optimum transaction flow. Hence, crypto trading platforms need adequate reserves for…
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US Legislators to Enable Crypto Custodial Services for Banking Institutions
House Financial Services Committee recently passed a resolution to overturn the Staff Accounting Bulletin no. 121. The HFSC voted in…
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Ethena Founder Downplays Concerns, Protocol Realizes 5% of Ether Perpetual Futures Open Interest
As per its data dashboard, the protocol issuing USDe digital dollar Ethena presently accounts for nearly 5% of the ether…
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Circle Ends Support for USDC on Tron Network
On Wednesday, the second largest stablecoin issuer by daily trading volume, Circle, revealed plans to stop supporting USDC on the…
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UN Investigates $3 Billion North Korean Cyberattacks on Cryptocurrency Firms
Cybersecurity analysts at the United Nations are set to publish a detailed report on crypto firms in February or March…
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Crypto Criminals Face Life Imprisonment in South Korea
The lawmaking authorities of South Korea have imposed new regulations for criminals from the crypto sector. The new notification issued…
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Terraform Labs CFO Han Chang-joon Extradited to South Korea for Legal Proceedings
Do Kwon, the CEO and co-founder of Terraform Labs, is set to travel to the USA to face charges brought…
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South Korea’s Terraform Investigation Advances, Former CFO Extradited
Amid the investigation surrounding the dramatic collapse of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former…
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JPMorgan Warns Against Tether’s Growing Dominance in the Crypto Sector
In a recent analysis, JPMorgan has voiced concerns over the increasing dominance of Tether (USDT) in the cryptocurrency market, suggesting…
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