Stablecoin
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Radiant Capital Repaying Customers Affected by $4.5M Flash Loan Attack
Radiant Capital has announced plans to refund the customers affected by the $4.5 million flash loan attack. At the beginning…
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Terraform Labs Files for Chapter 11 Bankruptcy Protection in Delaware
On Sunday, January 21, the Singaporean crypto firm Terraform Labs filed for Chapter 11 of Bankruptcy protection at a court…
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New Report Reveals the Role of Stablecoins in Crypto Crimes Increased in 2023
A Chainalysis report has identified stablecoins as the instrument for supporting the biggest quantity of illegal crypto trades. The report…
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Tether Criticizes UN Report for Overlooking Its Positive Impact in Emerging Markets
Tether has publicly expressed its disappointment with a recent United Nations report, which identified its USDT stablecoin as a preferred…
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Fidelity Investment Expects Renewed Institutional Interest In DeFi And Stablecoins
A Return Of Institutional Investors Prominent asset management firm Fidelity Investment predicts a return of institutional interest in decentralized finance…
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Circle CEO Optimistic of Stablecoin Laws in 2024
Circle chief executive Jeremy Allaire expressed optimism in enacting stablecoins laws in 2024. The executive, whose firm is the issuer…
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Tether’s Rebuttal to UN’s Report on USDT’s Alleged Illicit Activities
Key Insights: Tether refutes the UN report and defends USDT traceability. Cryptocurrency’s role in financial crime under scrutiny. The need…
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Web3 Adoption Faces Regulatory Difficulties in Africa
Jathin Jagannath is a Web3 developer who designed the Cartesi project. Recently, he talked about the importance of growing digital…
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Adopting Blockchain Tokenization Will Create New Markets – Expert
According to Algorand CEO Staci Warden, tokenization is a crucial factor in ensuring the sustainability of cryptocurrencies. The CEO opined…
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USDC Issuer Circle Files for IPO in the US
Stablecoin issuer Circle is going for an Initial Public Offering (IPO) listing. The platform has yet to reveal the total…
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Crypto Exchange Upbit Acquires Trading License in Singapore
Upbit is a crypto trading platform based out of South Korea. The firm recently received a Major Payment Institution License…
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UK Crypto Exchanges Adapt to New Financial Regulations
Key Insights: UK’s new regulations compel crypto exchanges to enforce user risk assessments, ensuring compliance and informed trading decisions. Enhanced…
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Nigeria’s Central Bank Approves cNGN Stablecoin
The Stablecoin Consortium of Africa (ASC) has granted permission to cNGN issuer. The firm noted that the stablecoin namely cNGN…
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Hong Kong Sets Stricter Rules for Stablecoins to Gain Crypto Hub Status
A recent cryptocurrency news report revealed that Hong Kong has decided to tighten its stablecoin regulations amid the rush to…
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China Proposes Crackdown on Tether Stablecoin Over Illegal Forex Trading
Supreme Court recently issued a warning against Tether stablecoin for its utility as a medium of exchange. The People’s Procuratorate…
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