Paxos Successfully Completes PayPal-led Funding Round of $142 Million
Hassan Mehmood (Saudi Arabia)Paxful, the company behind stablecoin, has raised a total of $142 million in the funding round as a result of…
One of Europe’s Oldest Banks Launches Stellar-based Euro Stablecoin
The gap between the world of traditional finance and the cryptocurrency world is slowly being bridged as more and more…
Visa Partners with Circle to Roll Out Card for Payments in USDC
The payment giant Visa engages in a partnership with the company behind stablecoin known as USDC. With this partnership, 60…
Facebook’s Libra is Getting Ready to Launch USD Stablecoin from January 2021
Bentley Kapoor (India)After such a long time, the Facebook-backed digital currency firm ‘Libra’ will be able to fulfill its desire. The firm…
Swiss SEBA Bank Announces Support for Bitcoin Cash and USDC
SEBA Bank of Switzerland has announced to add two more cryptocurrencies, including USDC stablecoin and Bitcoin Cash. After the addition…
SEC Approves New VCOIN Token Without Registration As Securities
The United States Securities and Exchange Commission has okayed the move by a social media platform to launch its stablecoin…
Value DeFi Becomes the Latest Victim of A $6 Million Flash Loan Exploit
The decentralized finance yield protocol Value DeFi has become the latest victim of a flash loan exploit in which it…
UK Treasury Department To Draw Up Regulatory Framework For Stablecoins And CBDC
The Treasury Department of the United Kingdom has announced plans to regulate stablecoins across the country while stressing that research…
Harvest Finance Increases Bounty to $1M For Tracking Down the Attacker
The attacker, who hacked the decentralized finance (DeFi) yield farming protocol Harvest Finance on Monday and exploited $34 million worth…
JP Morgan Sets Up New Unit for Blockchain Projects as JPM Coin Goes Live
The New York City-based American multinational investment banking and financial services firm, JP Morgan Chase has set up a new…
China’s Crackdown Of USDT Leads Into Arrest of 77 And Shutting Down of 3 Websites Involved in Gambling Activities
Law Enforcement Agencies in China are conducting nationwide operations in cracking down trades of Tether. Arrest 77 and shut down…
Solana Blockchain Announces Support For USDC Stablecoin
After Ethereum, Algorand, and Stellar, the Solana blockchain has become the fourth blockchain to announce support for the world’s second-largest…