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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment

Kimberly Crain Apr 26, 2024 0 Comments

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

Stephen Causby Apr 24, 2024 0 Comments

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

Stephen Causby Apr 19, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Apr 12, 2024 0 Comments

Australian regulators have launched civil proceedings against two local firms namely NGS and DCA Capital after their demise. This sudden…

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Frax Finance Enters DeFi Liquidity, Allocates $250M of Ethena Labs’ USDe

Stephen Causby Apr 9, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Apr 6, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Apr 3, 2024 0 Comments

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

Stephen Causby Mar 27, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Mar 23, 2024 0 Comments

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?

Bradley Nelson Mar 16, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Mar 2, 2024 0 Comments

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

Stephen Causby Feb 25, 2024 0 Comments

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

Kimberly Crain Feb 22, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Feb 10, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Feb 7, 2024 0 Comments

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

Hassan Mehmood (Saudi Arabia) Feb 6, 2024 0 Comments

Do Kwon, the CEO and co-founder of Terraform Labs, is set to travel to the USA to face charges brought…