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Xapo Bank to enable USDC deposits and withdrawals
22.3.2023
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees
Why is Cardano price up today?
22.3.2023
Cardano whales are largely behind ADA's price rally in the last week, helped by Bitcoin's multi-month highs amid the banking crisis and Fed pivot hopes
Gryfyn raises $7.5m days after launch by Animoca Brands and Hex Trust
22.3.2023
It is not unlikely for two players to come together from different backgrounds and partner to accelerate the adoption of Web3. Animoca Brands and Hex Trust are recent examples. They have announced the public launch of a joint venture, Gryfyn. It has been tasked with providing innovative custodial...
Mastercard to settle transactions for stablecoin wallet in APAC
21.3.2023
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted
Bitcoin crossed $28k, Aiming at $35K for the first time since last July
20.3.2023
Bitcoin was trading around its 52-week low in December 2022; it started to rally from a low of $16K at the beginning of this year. Now BTC price has crossed $28K for the first time since June 2022. At the time of writing this post, the price of Bitcoin is trading around $28,344. It has …
EOS Network Ventures to invest $20M to the EOS EVM and GameFi projects
20.3.2023
Per an announcement made by Yves La Rose, the Chief Executive Officer of EOS Network Foundation, the Foundation has committed an investment worth $20 million into $EOS EVM. This empowers the EVM to onboard a larger number of developers from GameFi and EVM projects. It has been the fastest network...
ParaSpace & BlockSec prevent $5M from being stolen in a failed attack
20.3.2023
BlockSec, the popular blockchain security firm, recently announced that it prevented a breacher from stealing 2,909 ETH. Worth around 5 million dollars, the attacker was caught while trying to exploit a vulnerability in ParaSpace. At 3:51 AM, London time, a Railgun-funded address was first noticed...
Justin Sun offers his own bid of $1.5 billion to acquire Credit Suisse
20.3.2023
Justin Sun, a crypto tycoon and founder of TRON, has proposed a bid of $1.5 billion to acquire Credit Suisse through his recent tweet. Justin envisioned integrating Credit Suisse into the Web3 world and bringing new opportunities to the financial system. TRON is a blockchain-based platform, whereas...
Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K
20.3.2023
Shiba Inu Price Prediction as SHIB Blasts Up 15% From Recent Bottom – New Bull Market Starting?
18.3.2023
SHIB, the token powering the second-largest meme coin, Shiba Inu flew 15% to trade at $0.00001120 at the time of writing. Shiba Inu price retested critical descending trendline support earlier in March—and rebounded, implying the trend was ready to change course northwards.
Before the correction...
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny: Moody’s
17.3.2023
"Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins' potential volatility,” Moody’s said
Binance replaces BUSD in SAFU Fund with TUSD & USDT
17.3.2023
Binance assured its users that this change will not impact them in any way, and that their funds will continue to be held in publicly verifiable addresses
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
Groupon skončil loňský rok ve ztrátě 234 milionů USD, jsme uprostřed transformace, říká
17.3.2023
Loňský rok nebyl pro americkou e-commerce platformu Groupon šťastný. Potvrzují to výsledky hospodaření, které firma zveřejnila (PDF). Obrat se z předloňských 967 milionů dolarů snížil na 599 milionů a z předloňského zisku 120 milionů dolarů je čistá ztráta ve výši 234 milionů dolarů
Ex-Ledger Chief of Staff manages to raise $2-3 million
17.3.2023
The Ex-Chief of Staff, Jean-Michel Pailhon, has managed to raise for himself the amount of $2-3 million from soft commitments that have been made by private bankers, as well as family offices. However, the total amount that he actually requires to raise happens to be $25 million. This is...
India, UAE to explore CBDC bridge to facilitate trade, remittances without USD
16.3.2023
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand
India’s ED takes a $115.5 million dig at the crypto market
16.3.2023
The Enforcement Directorate of India has taken a step to seize $115.5 million in the crypto sphere under the speculation of money laundering cases. A few crypto ventures may have been spooked, but the measure ensures that the interests of investors and crypto platforms are safe at every step. As...
Euler Foundation to reward a sum of $1M in exchange for hacker’s information
16.3.2023
Euler Finance lost $197 million to a hacker who performed a flash loan attack on the network and stole $177 million in four transactions, followed by two more transactions to bring up the total to $197 million. Euler Foundation has now announced a reward of $1 million to anyone who shares...
Circle clears 'substantially all' minting and redemption backlog for USDC
16.3.2023
The stablecoin issuer said as at U.S. banking close on Wednesday, it redeemed $3.8 billion USDC and minted $0.8 billion USDC
Top 5 cryptos under $1 right now: DigiToads (TOADS), Algorand (ALGO), Cronos (CRO), Cardano (ADA), and Polygon (MATIC)
15.3.2023
As the crypto market booms and busts, there are always new opportunities for bargain seekers. For those looking for the best deals, here is a list of the top 5 cryptos under $1 right now: DigiToads (TOADS), Algorand (ALGO), Cronos (CRO), Cardano (ADA), Polygon (MATIC). Let’s look at these...