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
Binance, a cryptocurrency exchange, stated on February 10 that it will be using zk-SNARKs. As part of its proof-of-reserves verification system. A cutting-edge technology that the company claims would enable it to validate its reserves in a more secure, transparent way. Proof-of-reserve verification became an important part of the cryptocurrency
As crypto-backed debit cards gain popularity, the overlap between Web2 and Web3 technologies increases. The biggest Spanish bitcoin exchange, Bit2Me, made the announcement about their new cashback debit card with Mastercard on February 10. Bit2Me CEO and co-founder Leif Ferreira told that he believes the widespread acceptance of this “revolutionary”
One of the largest Bitcoin mining places in the world, Kazakhstan, has revealed intentions to impose new crypto legislation. In an effort to curb tax evasion and unsavory business practices. Kazakhstan President Kassym-Jomart Tokayev reaffirmed the country’s position on February 6. By signing new legislation prohibiting the illegal mining of
Robert Kiyosaki, the financial guru and writer behind the bestseller “Rich Dad Poor Dad,” recently tweeted a warning about a potential market meltdown. He also encouraged his audience to make use of the assets that he has been particularly outspoken about over the last several years. The New York Times
To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target
According to its annual filing to the Securities and Exchange Commission, payments giant Paypal possessed more than $500M worth of the two major cryptocurrencies as of December 31, 2021. Included in the total were $291M in Bitcoin (BTC) and $250M in Ethereum (ETH). In addition to the $534 million in
China has announced the launch of a new research centre that will focus on blockchain technology, despite the country’s rocky history with cryptocurrencies. The National Blockchain Technology Innovation Centre in China has received approval from the Ministry of Science and Technology. According to South China Morning Post, the primary goals
Swapzone, a prominent decentralized cryptocurrency exchange aggregator, has added support for the Shiba Inu (SHIB), Bone ShibaSwap (BONE), and Doge Killer (LEASH). With SHIB being the most traded token among the top 100 ETH whales, it follows the trend of the increased attention paid to Shiba Inu lately by cryptocurrency
After six weeks of bullish, the overall cryptocurrency market is slightly down. At the time of writing, the global crypto market has a market cap of $1.05 trillion, which decreased by over 4.5% in the last 24 hours and 49% from the previous year. Crypto Market Current Status The upward
