USDC stablecoin issue, Circle Internet’s CEO, Jeremy Allaire, is keeping a close eye on the regulatory updates in Hong Kong after the implementation of its new crypto legislation earlier this month. While the United States continues its regulatory onslaught, crypto companies continue to place a significant emphasis on the Asian
Riot Platforms, a major player in the global Bitcoin mining industry, is poised to significantly enhance its hashrate capacity by acquiring 33,280 mining rigs from MicroBT, a renowned manufacturer of essential equipment for cryptocurrency mining. The order for Application-Specific Integrated Circuit (ASIC) amounts to an impressive $162.9 million, setting it
The Binance community is still shaken by the events that occurred on May 18. On that day, Binance Australia announced the suspension of its dollar services after its payments provider, Zepto. It received instructions from Cuscal to stop supporting Binance. This left the community with numerous questions, but they have
In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal
The paramilitary group Wagner rebelled against the military leadership in Moscow, resulting in the Russians exchanging their rubles, Russia’s currency, with the dollar-pegged cryptocurrency this weekend. This results in a total volume of trades between rubles, and the stablecoin Tether (USDT) has surged from $4 million on Saturday to $15
LeverFi (LEVER) is set to debut on the KoinBX exchange, marking a significant milestone for the decentralized leverage trading platform. Starting from June 28, 2023, at 11:30 AM (UTC), users can deposit, withdraw, and trade the LEVER token on KoinBX, opening up exciting opportunities for crypto enthusiasts. 🚩 KoinBX |
OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries. CertiK and @okx have joined forces to
Crypto exchange Bybit has been expanding rapidly. A license to operate a cryptocurrency exchange and offer digital asset custody services was revealed today by the exchange in Cyprus. Obtaining an operating license in Cyprus was a calculated move on Bybit’s part to widen its international reach. Bybit now has the
According to reports, Chinese IT giant Alibaba Cloud has partnered with the non-profit NEAR Foundation which developed the decentralized platform NEAR Protocol to promote Web3 throughout Asia and the Middle East. The native token of the ecosystem, NEAR, had its value increase by more than 13 percent following the announcement.
Prosecutors in Switzerland were urged by the US Securities and Exchange Commission (SEC) and the New York Federal Prosecutors Office to seize cryptocurrency and fiat cash held by digital asset bank Sygnum on behalf of Terraform Labs and its co-founder Do Kwon. Dentons, the elite legal firm representing Terraform Labs
