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Circle Launches USD Coin on the Stellar Network
4.2.2021
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
USDC issuer Centre lands Wall Street veteran David Puth as CEO
1.12.2020
The company behind USDC has added a new face that could help further institutional adoption
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
1.12.2020
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance
27.10.2020
The crypto industry records another major acquisition in 2020
New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...
Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer
5.8.2020
Plaintiffs as the court to authorize communication via email and Twitter to Status co-founders as part of a class-action lawsuit over SNT’s ICO
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Centre Obliges Government Request, Freezes Address With $100,000 USDC
9.7.2020
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement.” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on...
Crypto.com to Refund Clients As Wirecard’s Card Issuer Told to Cease Operations
26.6.2020
Card issuer Crypto.com is refunding 100% of customer balances as the U.K. regulator orders Wirecard Card solutions to cease operations
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Crypto.com’s Card Issuer Wirecard Files for Bankruptcy
25.6.2020
Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal
Troubled Debit Card Issuer Wirecard Files for Insolvency
25.6.2020
Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal
18.6.2020
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet
Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
18.6.2020
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves
Turkish Stablecoin Issuer Predicts New Blockchain Regulations
14.6.2020
The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year
Japan’s Top Credit Card Issuer Building Blockchain Payment System
18.5.2020
JCB’s partner in the venture, TECHFUND, offers services to accelerate the adoption of blockchain technologies for startups