Category: Stablecoins
MEV Rewards Via Ethereum Records A New All-Time High
The recent collapse of SVB and its implications for the cryptocurrency industry have caused validators running the ETH network to experience a substantial surge in…
Stablecoin Redemption Begins As 314 Million USDC Moves To Unknown Wallet
The crypto industry is on the verge of recovering from the stablecoin dollar incident that has rocked the USD Coin (USDC) token. Per the Web3…
Coinbase Resumes USDC Conversion As The Stablecoin Almost Regains Its Peg
Coinbase has announced the resumption of USDC to USD conversion as the crypto market returns to normalcy after a weekend of high volatility. According to…
Rising Bank Fear Spurs Binance To Convert $1B Funds To Cryptocurrencies
The news that Binance has turned over the rest of its $1B Industry Recovery Initiative into cryptocurrencies has sent shockwaves throughout the financial world. It’s…
US Fed To Set Up New Crypto Team As Concerns About Stablecoins Rise
An official from the US Fed has announced that the central bank intends to create a “team of experts” to stay abreast of the latest…
Why the Global Crypto Market Cap Fell Below $1T? – Report
For many, the cryptocurrency market is an enigma. For years, the digital asset class has presented many opportunities for traders and investors, with the potential…
Regulatory Authorities In Canada Introduce New Rules For Unregistered Cryptocurrency Trading Platforms
Regulatory agencies in Canada have issued a directive for the entities engaged in crypto trading to go through additional pre-licensing to get registered. The latest…
MasterCard Will Now Let Users Make Cryptocurrency Payments In Web3 Through USDC Settlements
A collaboration has recently taken place between Immersve (a protocol for Web3 payments) and Mastercard (a big player in the world of payments). The partnership…
BUSD Active Addresses Decrease Following Regulatory Crackdown
Binance-branded stablecoin BUSD has suffered a sharp drop in active addresses due to the regulatory attack mounted by US authorities. Data from Glassnode shows the…
Trust Wallet Guide – All You Need To Know About This Crypto Wallet
Cryptocurrencies are a growing investment opportunity, and a secure cryptocurrency wallet is essential for anyone looking to participate in this market. A wallet protects your…
Cryptocurrency Industry Is Likely To Shift Towards Non-Dollar Stablecoins, Says Binance CEO
Changpeng Zhao (the CEO of the crypto exchange Binance) has anticipated a major shift in the stablecoin space in the coming time. He stated that…
What Are Cryptocurrency Whale Trackers?
The trend of investing in the crypto market is increasing day by day. As the name indicates, crypto whales are the investors or organizations that…
Russia And Iran Plan To Issue A Gold-backed Stablecoin
Iranian central bank is reportedly collaborating with the government of Russia to mutually launch a unique crypto supported by gold. The authorities in Iran are…
White House Accuses Congress of Failing to Establish Crypto Regulations
On Friday, the White House blamed Congress for delaying the establishment of a comprehensive regulatory framework that would help US regulators flush out all the…
Understanding Crypto Token Supplies
When trying to develop an understanding of the world of cryptocurrencies, you will come across various terms that are referred for calling out cryptocurrencies. The…
Whales Are Buying Up Bitcoin Preparing For A Bull Run
The current price of Bitcoin and other tokens is quite close to the lowest value that many optimists predict. While the worst-case scenario says that…
What Is Ambire Wallet? – A Complete Guide For Crypto Traders
Cryptocurrency wallets are a convenient way to store your cryptocurrencies. They allow you to easily access your coins and make transactions. They can be downloaded…
Two Shock Waves Can Kill Cryptocurrency, Says Mark Yusko
Mark Yusko, a famous hedge fund manager, commented on if the FTX downfall will accelerate or cool down the bear market. Recently, he appeared in…
Circle Plans To Fill Its Reserve Fund By The End Of Q1 Of the Next Year
Circle, the platform issuing the USD Coin (USDC), declared to have started investing in Circle Reserve Fund. The respective fund was established formerly in collaboration…
BlockFi Rescue from Terra’s Collapse Short-lived as FTX Drags it to Bankruptcy
BlockFi recovery from Terra’s Stablecoin turned short-lived as the crypto lender joined the rescuer – FTX, in filing for bankruptcy. BlockFi’s statement on November 28…
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