Uphold to Delist Six Stablecoins by July 1 in Compliance with MiCA
Curtis DyeKey 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…
Orbit Chain Hackers Transfer $48M through Tornado Cash
Kimberly CrainAt the beginning of this year, the famous cross-chain protocol Orbit Chain suffered a malicious attack that resulted in a…
Donald Trump Praises Crypto as He Vows to Become the ‘Crypto President’
Hassan Mehmood (Saudi Arabia)Former US President Donald Trump has accelerated efforts in regard to crypto advocacy. The decision was part of the election…
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…
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…
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…
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…
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…
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…
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…