On October 10, Bloomberg News reported that iFinex Inc., the parent company of the cryptocurrency exchange Bitfinex, proposed a $150 million share buyback. iFinex may be...
Real estate-backed stablecoin USDR has de-pegged from its $1.00 target, triggering concerns among crypto investors and analysts. According to reports, the stablecoin’s treasury has been depleted...
A new stablecoin is on the market, pegged to the dirham (AED) — the currency of the United Arab Emirates (UAE) and launched by an ex-SoftBank...
Chinese authorities have reportedly arrested Hui Ka Yan, the chairman of Evergrande. They are currently holding him at a designated location and reportedly monitoring his activities....
Mitsubishi UFJ Trust and Banking, a prominent financial institution in Asia, is exploring the possibility of creating a new stablecoin in collaboration with Binance Japan and...
Linear Finance reported an attack that resulted in the draining of all ℓUSD liquidity on two key DEXs, PancakeSwap and Ascendex. As a result, the attack...
USDC expands to Polkadot Asset Hub with Circle’s launch USD Coin(USDC), the second-largest stablecoin by market capitalization, has now launched on the Polkadot blockchain network, continuing...
Stablecoins have become an integral part of the cryptocurrency market, offering a distinct advantage of stability in an otherwise volatile ecosystem. Examining the performance of Vietnam’s...
Stablecoin provider Num Finance has launched a coin that is pegged to the Colombian peso. This initiative is based on the Polygon network, marking more adoption...
Kraken Exchange has once again established itself as a frontrunner in the cryptocurrency industry, despite the ongoing dynamic development of the cryptocurrency market. Recently, the well-known...
On the fateful morning of August 7th, 2023, PayPal, the renowned payment giant, set the crypto world abuzz with its groundbreaking announcement: the official launch of...
The U.S. regulators have in recent times stepped up the level of regulation toward digital assets. These regulatory policies focus on traditional safety, bank supervision, and...
The BNB Chain ecosystem saw significant developments in the second quarter of 2023, particularly in DeFi, NFTs, stablecoins, and gaming. A Q2 report highlights key metrics...
The Republic of Palau, in collaboration with Ripple, is making significant strides in the realm of stablecoins as the Phase One pilot of their groundbreaking project...
The stablecoin economy experienced a deep loss in the first three months of 2023. Findings from Coingecko revealed that in Q1, stablecoins lost $6.2 billion. The...
In a recent development, Coinbase has announced that it has disabled trading for Binance USD (BUSD) through their ‘Coinbase Assets’ Twitter page. The decision comes in...
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Stablecoin issuer Tether is facing a fresh criminal investigation from the US Justice Department. According to reports from Bloomberg, a new investigation is underway as regards...
Tether Operations Limited (Tether) has announced the launch of its stablecoin token, USDT, on Polkadot Network. Following the announcement, Tether will support USDT deposits and withdrawals...
