In a surprising turn of events, Ethena Labs, the innovative force behind the USDe stablecoin, has announced its departure from Germany, simultaneously ceasing its efforts to secure a Markets in Crypto-Assets (MiCAR) license. This move, revealed via an X post, marks a significant shift in Ethena’s regulatory strategy and geographical focus. For those closely watching […]
In a bold move signaling a significant push towards mainstream crypto adoption, Tether, the powerhouse behind the world’s leading stablecoin USDT, has announced a strategic investment in Fizen, a dynamic crypto wallet and payments firm. This exciting partnership is set to redefine how we interact with digital assets, particularly in the realm of stablecoin payments […]
The cryptocurrency world is buzzing with a silent but significant shift: the explosive surge in demand for euro-backed stablecoins. While dollar-pegged stablecoins have long dominated the crypto landscape, a new contender is rapidly gaining traction – Circle’s EURC. Is this just a blip, or does it signal a fundamental change in how the world views […]
Hold onto your hats, crypto enthusiasts! Whale Alert, the crypto transaction watchdog, just dropped a bombshell: a jaw-dropping 1.8 billion USDT has been burned directly from the Tether Treasury. Yes, you read that right – 1,800,000,000 USDT, gone in a puff of digital smoke! In the fast-paced world of cryptocurrency, where volatility is the norm, […]
Hold onto your hats, crypto enthusiasts! The ever-watchful eyes of Whale Alert have spotted a significant development in the stablecoin world. A staggering 1 billion USDT has just been minted at the Tether Treasury. This colossal injection of Tether into the market has sparked immediate discussions and raised eyebrows across the crypto sphere. But what […]
Exciting news is brewing in the crypto world! The USD1 stablecoin, a digital currency backed by World Liberty Financial (WLFI) and linked to the Trump family, has just achieved a remarkable feat. The circulating supply of USD1 has exploded past a staggering 100 million tokens on the BNB Smart Chain (BSC). This monumental surge signals […]
Hold onto your hats, crypto enthusiasts! The stablecoin world is experiencing another tremor as sUSD, the Synthetix-based stablecoin, is facing a significant depeg. Just when you thought the market was finding its footing, the sUSD price took a nosedive, briefly touching a chilling $0.869 on CoinMarketCap. Currently hovering around $0.8865, this dramatic dip has sparked […]
Hold onto your hats, crypto enthusiasts! The digital asset world is buzzing with news hotter than a freshly mined block. Just moments ago, Whale Alert, the ever-watchful eye of the blockchain, reported a monumental event: a colossal 1,000 million USDT has been minted directly from the Tether Treasury. That’s right, a billion dollars worth of […]
In a dramatic turn of events shaking the cryptocurrency sphere, First Digital Trust (FDT), the Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, has initiated a defamation lawsuit against none other than Justin Sun, the controversial founder of TRON. This legal action comes hot on the heels of Sun’s recent public statements alleging […]
Exciting news for the crypto world! It appears the tide is turning in the United States as legislators are actively pushing forward with crypto regulation. Are we finally seeing a clear path for digital assets in the US? Let’s dive into the latest developments from Capitol Hill and understand what this means for the future […]
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