Wed, February 12

Tether Utilizing Services of Cantor Fitzgerald for Managing Bond Portfolio

According to an article published by The WSJ on February 10th, stablecoin issuer Tether Holdings is using the services of a big Wall Street company to oversee its Treasury holdings. The Journal said, citing people familiar with the situation, that Cantor Fitzgerald is assisting Tether in managing a $39 billion

February 11, 2023 1 min read

PayPal Halts Development of Upcoming Stablecoin Amid NYDFS Scrutiny

Bloomberg reports that due to regulatory worries in the sector, PayPal has halted the development of its upcoming stablecoin. In light of yesterday’s announcement of an inquiry into Paxos. The payment platform is suspending the development of its own stablecoin. PayPal remained bullish on the release of its stablecoin initiative.

February 11, 2023 1 min read

Kevin O’Leary Considers 10,000 Crypto Tokens As Worthless

Kevin O’Leary, the Shark Tank famous television celebrity has made a sensational comment about the existing cryptocurrencies. On the wolf of all streets podcast show with Scott Melker, Kevin mentioned many of the cryptocurrencies would reach zero in no time.  The session titled “Every Unregulated Token Will Go To Zero”

February 9, 2023 2 mins read

Core DAO Launched Its CORE Token

Today, a layer 1 blockchain Core DAO publicly launched its first-ever Airdrop for its native token CORE. Also, the token was made available to users with an opening price of $4.27. At the time of writing, CORE traded at $5.95, which surged over 40% in just half an hour of

February 8, 2023 2 mins read

Credit Card Giant Visa Testing USDC Payments on Ethereum

The credit card giant Visa aims to integrate Ethereum blockchain-powered solutions into its services. According to the firm, they have been experimenting with “how to accept payments from issuers in USDC on Ethereum and payout in USDC”. Additionally, there are large settlement payments. The President of the cryptocurrency division at

February 7, 2023 1 min read

New BIS Innovation Hub Head Outlines Cross Border CBDC Limitations

The new head of the BIS Innovation Hub Cecilia Skingsley remarked on Monday that central bank digital currency (CBDC) would never have complete interconnectivity owing to cross-border limits. Despite the instability in the crypto business last year, such as the bankruptcy of the FTX crypto exchange. Skingsley notes the rebound

February 6, 2023 1 min read

Baby Doge Coin Assumes New Heights

Baby Doge is growing to be the underdog for leading memecoin, with its new updates and utilities. The seemingly second favorite Dogecoin for the Twitter CEO is breaking up all its own records. On February 5th, the coin was listed among the top 100 cryptocurrencies on the CoinGecko site. The

February 6, 2023 2 mins read

Shiba Inu (SHIB) Maintains Strong Stance Over the Past Week

Shiba Inu (SHIB), a cryptocurrency, has gained notice recently due to an impressive price increase. The value of the digital asset has improved over the last seven days by 20%. Shibarium, which will launch soon, is desired more by the Shiba Inu community.  Following the publicity surrounding the launch of

February 6, 2023 1 min read

National Bank of Kazakhstan (NBK) Starts Digital Tenge Pilot Project

According to a report released by the National Bank of Kazakhstan (NBK) and Binance on February 3, the NBK has begun testing a digital tenge pilot project. Central Asia and the Commonwealth of Independent States were the focus of this research as it examined worldwide approaches to digital asset legislation,

February 4, 2023 1 min read

Terra Classic (LUNC) Price Spikes Over 9.5% in a Day

The price of Tera Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, surged dramatically as the global cryptocurrency market witnessed a bullish trend. At the time of writing, LUNC soared over 9.5% in the last 24 hours and is still being supported by buying signal.  The year

February 4, 2023 2 mins read