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…
US Legislators to Enable Crypto Custodial Services for Banking Institutions
Hassan Mehmood (Saudi Arabia)House Financial Services Committee recently passed a resolution to overturn the Staff Accounting Bulletin no. 121. The HFSC voted in…
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…
Circle Ends Support for USDC on Tron Network
Kimberly CrainOn Wednesday, the second largest stablecoin issuer by daily trading volume, Circle, revealed plans to stop supporting USDC on the…
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…
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…
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…
South Korea’s Terraform Investigation Advances, Former CFO Extradited
Donald HaymatterAmid the investigation surrounding the dramatic collapse of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company's former…
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…
Tether Announces Record $2.9 Billion Profit in Q4 2023, Excess Reserves Hit $5.4 Billion
Stablecoin issuer Tether has reported a record-breaking net profit of $2.9 billion in its Q4 2023 attestation report. Accompanying this…
Circle to Launch USDC on Celo Blockchain
Stablecoin issuer Circle is launching the USDC stablecoin on the Celo blockchain. The venture brings more utility to Celo and…
Hong Kong Sets 50% Insurance Requirement for Crypto Exchanges
The Securities and Futures Commission of Hong Kong (SFC) has introduced new policies for insurance coverage offered by cryptocurrency exchanges.…
Stablecoins Attract Renewed Interest Despite Past Turbulence
Curtis DyeKey Insights: Stablecoins offer high yields, attracting investors, but face regulatory hurdles in the US market. Venture capitalists drive stablecoin…
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FSB Plans Global Tokenization And AI Oversights In 2024
The international body charged with protecting the global monetary system unveiled its comprehensive agenda for the year 2024. Within this…
Nasdaq Report Reveals $3.1T in Illicit Money Flowed through Global Financial Network
National Association of Securities Dealers Automated Quotations or Nasdaq recently published a report containing analytics for financial crimes in 2023.…
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…