The original developer of the EOSIO blockchain platform and EOS coin, Block.one, has acquired some stake in Silvergate which purchased Meta’s Diem stablecoin project. CEO of Block.one, Brendan Blumer, confirmed ...
The world’s biggest crypto bank, Silvergate Capital, recently published its Q3 statement showing good but worse-than-expected earnings. Silvergate’s statement was somehow mixed with regard to performance. However, the bank’s president ...
Just like Binance, India-based exchange WazirX will start implementing BUSD auto-conversion for balances of USDP, USDC, and TUSD at a 1:1 ratio in October. The major Indian crypto exchange has ...
On September 19, 2022, Senator Andrew Bragg released a draft bill aimed at regulating cryptocurrency exchanges, the digital yuan, and several other stablecoins. The liberal senator has released a new ...
Reggie Fowler is a former NFL team owned who is also an alleged ‘shadow banker.’ He might face 30 years of imprisonment once convicted. He asked the court of the ...
Lightnet, a Singapore-headquartered cross-border remittance company, has secured a $50 million capital commitment from LDA Capital. The company will get the option to increase the $50 million to a cumulative ...
The European Central Bank (ECB) laid the foundation for the criteria it would be considered when aiming to harmonize the licensing needs for cryptocurrency in Europe. In an August 17 ...
Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet appeared enough to revive it on August 17, 2022. ...
Coming hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has officially confirmed that it will support Ethereum’s upcoming Merge upgrade. ...
Tether stated that the hedge funds that shorted its stablecoin after Terra’s massive collapse have “a fundamental misunderstanding of both the cryptocurrency market and Tether.” The issuer of Tether (USDT), ...
