Tether Freezes $225 Million in USDT Linked to Scammers
Hassan Mehmood (Saudi Arabia)Tether authorities have frozen $225 million worth of USDT stablecoins linked with scammers. The firm took the action while working…
No Stablecoin Fully Stable, Says New BIS Study
Donald HaymatterA recent report from the Bank for International Settlements (BIS) titled “Will the real stablecoin please stand up?” reveals that…
Why Asset Manager BlackRock Considers USDT a Risk for Its Bitcoin Spot ETF
BlackRock Says USDT Poses Risk for the Bitcoin Market BlackRock's Bitcoin spot ETF (Exchange-Traded Fund) filing has made headlines this…
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CFTC Still Powerless to Prevent FTX-like Collapses, Chairman Says
At the Financial Markets Quality Conference 2023 held at Georgetown University, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam warned…
EU Regulator Unveils Liquidity Rules for Stablecoin Issuers
The European Banking Authority (EBA), the EU's banking oversight body, has introduced fresh guidelines for stablecoin issuers, outlining minimum capital…
USDC Backer Circle Sets Sights on 2024 for IPO Ambitions
Circle, the company behind the widely-used stablecoin USDC, is actively laying the groundwork for an initial public offering (IPO) in…
Pantera Optimistic Stablecoins will Succeed Where Ethereum and Bitcoin Failed
A Pantera executive says that the stablecoin space will change as providers must provide money market yields to remain competitive.An…
Cryptocurrency Dominance Intact in U.S. But Stablecoin Patterns Evolve
Despite facing stringent regulatory measures, North America continues to dominate the global cryptocurrency landscape. A recent Chainalysis report reveals that…
USDT Leads the Pack in Brazil’s Crypto Trades
Brazil's Tether (USDT) trading volume eclipsed the combined trading volume of all other cryptocurrencies in 2022, as disclosed by the…
USDT, WBTC Trades End on Kraken for Canadians
In a climate of increased scrutiny over stablecoins, Kraken, a top Canadian cryptocurrency exchange, has announced its decision to discontinue…
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Magnificent Seven See a Loss of $280B in Stocks as Crypto Markets Rise
The biggest assets in the cryptocurrency market witnessed a huge spike however the stock giants Magnificent Seven have seen a…
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Worldcoin will Stop Paying Orb Operators in USDC from Next Month
Worldcoin project has decided to seize payments for its Orb operators starting in November. Furthermore, the project has also announced…
U.S. Loses Regulatory Grip on Soaring Stablecoin Transactions
Curtis DyeKey Insights 54.6% of stablecoin transactions now bypass U.S. regulation, raising urgent calls for legislative clarity and oversight. Chainalysis report…
Tether’s Market Dominance Soars with $84 Billion Supply During Bitcoin Surge
Tether's stablecoin, USDT, has achieved a new high, hitting the $84 billion mark in supply. This growth, reflecting an approximate…
Ethereum DeFi Exchange Uniswap Adds 0.15% Charge
Some Web3 investors have labeled a 0.15% fee on front-end interface swaps a case of skewed incentives. Earlier today, Uniswap's…
Ferrari Collaborates with BitPay to Accept Crypto Payments in the US
Kimberly CrainFerrari, a fast-paced Italian luxury car, has introduced crypto payment for US customers. An official communication from the Ferrari group…