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Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme


United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

Bitwise President Explains Why He’s Curious About Ethena


Ethena (USDe) is fast becoming one of the fastest-growing dollar-denominated instruments—and its mechanics look relatively safe. The post Bitwise President Explains Why He’s Curious About Ethena appeared first on Cryptonews

Ripple’s New Stablecoin Looks to Boost XRP Adoption


Ripple plans to introduce a stablecoin pegged to the US dollar this year, as projections estimate the market will surpass $2.8t by 2028. The post Ripple’s New Stablecoin Looks to Boost XRP Adoption appeared first on Cryptonews

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