In order to win the favor of regulatory authorities, Tether froze 29.62 million USDT from Cambodian fraud group Huione Group
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Circle’s U.S. dollar stablecoin (USDC) and euro stablecoin (EURC) are now compliant with the European Union’s new stablecoin regulation MiCA. The company has officially started issuing these stablecoins to its European customers starting July 1.
Cryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Cyvers detected a coordinated attack on Sonne Finance and BlockTower Capital, resulting in substantial losses. Sonne's Optimism Market was suspended after a theft of $20 million, while BlockTower suffered partial fund drainage. The incident highlights the ongoing threat to DeFi security.
Besides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
Following convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.
Despite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
Binance discontinues TRC-20 USDC support, prompting users to convert holdings. Circle and Tron remain silent on the matter. USDT surpasses $100B market cap amid concerns over asset backing and regulatory scrutiny.
Solana-based DeFi protocol Drift launches Drift Points, a rewards program to incentivize user engagement and loyalty, recognizing both current and historical contributions.
Executives from some of crypto's top firms have been tapped by the Commodity Futures Trading Commission (CFTC) to be a part of a new technology advisory group.
BTC's 90-day realized volatility has dropped to lowest since Dec 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets.
JPMorgan Chief U.S. Economist said the Fed officials are unlikely to raise rates by 100 basis points when they meet next week
Troubled Crypto lender Hodlnaut has laid off 80% of its employees and filed for judicial intervention in Singapore in a ...
After the 2022 cryptocurrency market crash; users are looking for the best new cryptocurrency to watch in 2022. Apart from ...
The world's largest financial asset management firm is making a major push into digital assets, beginning with Bitcoin.
Vivere apps are preinstalled on the HTC Desire 22 Pro to help you traverse the metaverse and manage your cryptocurrency ...
The New York State moratorium on PoW mining reinvigorates the conversation around the crypto industry's sustainability.