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Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report
26.8.2023
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer platform. Russian Traders on Binance...
Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Market Cap, Over 100% Reserve-Backed
25.8.2023
Stablecoin issuer Tether posts its total market capitalization at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.
In the company’s reserve report, while total assets stood at $86.1 billion, its liabilities amounted to $82.8...
Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Total Assets, Over 100% Reserve-Backed
25.8.2023
Stablecoin issuer Tether posts its total assets at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.
In the company’s reserve report, while total assets stood at $86.1 billion, its liabilities amounted to $82.8 billion....
Hong Kong regulator eyes tokenization for bond market improvement: Report
25.8.2023
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity
Tether maintains $3.3B in liquidity cushion: USDT transparency report
25.8.2023
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
24.8.2023
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders
XRP Price Prediction as New Report Shows XRP is More Popular Than BTC and ETH Among Gen Z in South Korea – Time to Buy?
24.8.2023
The XRP price has increased by 0.5% in the past 24 hours, reaching $0.523148 as the cryptocurrency market as a whole made a small recover today after recent losses.
XRP's move also comes after the publication of a report which found that the altcoin is the most favored cryptocurrency among...
‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue tops estimates
24.8.2023
Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion
Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report
23.8.2023
The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering, and sex crimes
Shopify to accept USDC payments with Solana: Report
23.8.2023
Solana Pay has reportedly been added to Shopify's payment solutions, giving millions of merchants access to cryptocurrencies
GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report
23.8.2023
A report from a local South Korean publication found that 20% of GenZ investors in the country have XRP as their most selected altcoin
Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments
23.8.2023
A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.
In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...
Report: Australia Explores CBDC Use Cases in Four Key Areas, Says Technology is “Some Years Away”
23.8.2023
The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project which has the potential “to support increased efficiency and resilience in some areas of the payments system”.
Per a report released...
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
23.8.2023
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn't share any information about the hack with clients, and didn't report it to the police
Report: Kenyan Parliament Establishes Committee to Investigate Worldcoin
22.8.2023
The Kenyan Parliament recently created an ad-hoc committee to investigate Worldcoin’s activities in the country. According to the Kenyan House speaker, the 15-member committee is expected to report back to parliament within 42 days. A Kenyan court judge recently issued a ruling which called...
Analysis Suggests Bitcoin’s 2024 Halving Could Propel Price to $400,000
22.8.2023
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic...
FTX's Sam Bankman-Fried pleads not guilty to fraud charges: Report
22.8.2023
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, has reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22
Germany proposes to screen Chinese investment in AI and related sectors: Report
22.8.2023
The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators
New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion
22.8.2023
Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.
According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized...
South Korean city to seize crypto from thousands of tax evaders: Report
22.8.2023
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government