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Stablecoin

All You Need To Know About USD Coin (USDC)

Aaron Rodriguez | May 6, 2023 | Leave a comment
One of the key reasons why a lot of investors are scared to invest in cryptocurrencies is because of their high volatility. This means the price of any cryptocurrency can rapidly increase or decrease in a matter of seconds,...
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Evolutional Moves in the Crypto and NFT Sectors – Details

Daniel Sharkey | March 13, 2023 | Leave a comment
Changes on NFT’s Exchange OpenSea Circle Partners with Cross River Changes on NFT’s Exchange OpenSea The nonfungible token (NFT) exchange OpenSea has patched a security hole that, if exploited, might have uncovered private data about its unidentified users. According...
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Kraken Launches its Bank

Daniel Sharkey | March 6, 2023 | Leave a comment
Kraken, a cryptocurrency exchange, is planning to launch a bank in the United States despite the challenging regulatory environment faced by the industry. Kraken’s chief legal officer, Marco Santori, confirmed this during an interview on The Scoop podcast. The...
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South Africa Joins the FATF Grey List

Daniel Sharkey | February 26, 2023 | Leave a comment
The financial action and task force, the worldwide economic criminalities security guards, has included South Africa on its grey list, a team of nations dedicated to determining the detected strategic deficiencies within defined timeframes. According to reports, adding the...
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OKX’s $8.6B in “Robust Deposits”: Analyzing Their Reserve Report

Daniel Sharkey | February 20, 2023 | Leave a comment
OKX “100%” Clean? Implications of Proof of Reserves in the Cryptocurrency Industry Exploring the Concept of “Clean Reserves” OKX “100%” Clean? The most recent reserve report from OKX indicates that the company has enough Tether (USDT), Bitcoin (BTC), and...
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OKX Offers Interest-Free USDT Loans

James Dodson | January 6, 2023 | Leave a comment
OKX is the second-largest universal crypto trading platform by volume, trusted by over 20 million universal users. In addition, OKX has attracted attention for being the fast and most reliable crypto exchange app for users and traders globally. The...
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JETbitX Leverages

ETH, BTC, and Stablecoins Abandoning Exchanges Hit their Peak for 2022

James Dodson | December 28, 2022 | Leave a comment
2022 witnessed many setbacks that tested stakeholders’ trust; according to information from Glassnode, an on-chain analytic firm, 450,000 BTC held in investment have been made less accessible throughout the year. In the previous year, the challenging tasks in the...
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Coinbase Advises Users To Swap Their USDT To USDC

Daniel Sharkey | December 10, 2022 | Leave a comment
In a recent blog post, the centralized crypto exchange, Coinbase, advised its users to switch from USDT to USDC, hailing the latter stablecoin as a “safe and trustworthy digital dollar.” Coinbase also announced a waiver of conversion fees to...
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Evaluating Cardano’s (ADA) State Following its November Dip

James Dodson | December 4, 2022 | Leave a comment
Cardano closed last month with the highest development action. The alt welcomed December with a massive stake ratio among layer1 tokens. The leading layer1 network Cardano ended November with a 572.67 development activity count. That put the project +18%...
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Ankr Confirms Latest Exploit, Halts Trading Of aBNBc

Daniel Sharkey | December 2, 2022 | Leave a comment
Ankr, a BNB Chain-based DeFi platform, has confirmed a recent attack by a hacker. The protocol confirmed that hackers stole assets worth millions of dollars on December 1st. PeckShield, an on-chain security platform, first discovered the attack on December...
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In Abu Dhabi, A New Blockchain Association Has Been Established

Kavon Hyatt | November 14, 2022 | Leave a comment
Within Abu Dhabi’s free economic zone, a brand-new entity focused on blockchain and cryptocurrencies has been established. The group intends to support crypto and blockchain growth throughout Asia, North Africa, and the Middle East. The Formation Of MEAACBA The...
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Mastercard Expands Its Blockchain Accelerator to Include Seven Startups

Kavon Hyatt | November 3, 2022 | Leave a comment
Mastercard, as a leader in global payments, is still supporting blockchain and cryptocurrency firms. It’s doing this through the Mastercard Start initiative. This Project Serves as Mastercard’s Financial Technology Accelerator For its Start Path program, Mastercard has chosen seven...
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Approval Has Been Granted in Singapore for Both Circle and Paxos

Kavon Hyatt | November 3, 2022 | Leave a comment
Circle and Paxos, two stablecoin issuers, have each been given license clearance in Singapore. In addition, the central bank of Singapore, known as the Monetary Authority of Singapore (MAS), gave its approval. Circle’s application for a license to operate...
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Thailand And Hungary Partners To Explore The Blockchain Industry 

Kavon Hyatt | October 31, 2022 | Leave a comment
According to multiple media reports, Thailand and Hungary’s fintech organizations have signed a deal agreed to help introduce blockchain technology to their respective financial systems. This partnership will allow both parties to identify possible areas that will benefit both...
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Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment
The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...
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Coinbase Claims That the Adoption of USDC Is Lagging Beyond The US

Kavon Hyatt | October 21, 2022 | Leave a comment
The American cryptocurrency exchange Coinbase has recently made some assertions. It asserts that outside of the United States, the acceptance of USD Coin (USDC $1.00) has been “more cautious.”  The company believes this is a result of the significant...
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EU Commissioner Calls on Legislators to Pass Crypto Laws Quickly

Kavon Hyatt | October 19, 2022 | Leave a comment
The European Union is making steady headway toward finalizing its historic cryptocurrency framework. The EU’s financial services chief has asked its US colleagues to keep up the same growth rate.  An International Regulatory Framework This structure is currently being...
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Texas Authorities Have Challenged Voyager’s Disclosure Declaration

Kavon Hyatt | October 17, 2022 | Leave a comment
Both the Texas Department of Banking (DOB) and the Texas State Securities Board (SSB) have initiated legal challenges. The disclosure statement submitted by Voyager Digital is the subject of the objection.  The lawsuit calls Voyager Digital’s methods and computations...
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Binance Now Facilitates the Trading of Terra Classic Tokens

Kavon Hyatt | October 15, 2022 | Leave a comment
The most well-known cryptocurrency trading platform worldwide is said to be Binance. Today, the exchange released a statement. According to the report, Terra UST Classic (USTC) has been added to its list of borrowable assets.  USTC will be present...
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USDC And Deso Blockchain Partners to Make Web3 Public

Kavon Hyatt | October 4, 2022 | Leave a comment
It is said that DeSo gains convenience thanks to this integration. DeSo is an innovative, top-tier blockchain for globally scalable, decentralized social media and apps. The layer one blockchain is a gateway to Ethereum and its many users and...
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Brazil’s CVM Is Investigating Bitcoin Fixed-Income Tokens

Kavon Hyatt | September 30, 2022 | Leave a comment
Brazil’s Securities and Exchange Commission (CVM) served a subpoena to Mercado Bitcoin. The platform for exchanging cryptocurrencies is the biggest of its kind in the country.  The purpose of the summons is to learn more about the company’s operations. ...
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$BONE, A Shiba Inu-Themed Coin, Launches on A Three Million-User Crypto Exchange

Kavon Hyatt | September 30, 2022 | Leave a comment
Recently, a Hong Kong based bitcoin exchange made a public proclamation. Its announcement said that just one trade pair would be available for BONE. Because of this, customers can exchange BONE for the most widely used stablecoin, Tether ($USDT)....
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Gate.Io List Defichain’s DFI Token

Kavon Hyatt | September 26, 2022 | Leave a comment
DeFiChain’s DFI tokens are now available on Gate.io, according to a recently issued official announcement. The statement was made by the company on September 26th, on Monday. The group issued a news statement, which they distributed on Coinjournal. Utilizing...
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Polkadot Users Can Now Purchase USDT

Kavon Hyatt | September 24, 2022 | Leave a comment
Tether Operations Limited (hereafter referred to as ‘Tether’) released the official statement. Tether is a company that runs the blockchain-based Tether.to network. The most valuable stablecoin, as measured by market cap, is powered by Tether. Insights About Polkadot’s Pertinence...
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Binance, Huobi, And BTCEX To Implement 1.2% Tax Burn For LUNC

Kavon Hyatt | September 10, 2022 | Leave a comment
Following Binance accepting to prop the 1.2% tax burn yearned for by the LUNC community, Huobi and BTCEX have also shown interest in joining the party. For the past two months, LUNC burn has been the trending topic within...
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AAVE: What 12% Upswing Might Mean to Traders Following Harmony’s $100M Hack

James Dodson | July 5, 2022 | Leave a comment
The second-largest decentralized finance protocol globally, AAVE, endured a massive blow within the past three months. The hit saw the lending Dapp’s total value locked, plunging to $5.03 billion from $14 billion. That wasn’t all. Also, AAVE suffered during...
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