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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. ...

Stablecoin Market Expands by $4.46 Billion in 12 Days


In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...

Innovations in digital wallet technology: Enhancing Tether accessibility


Digital wallets have completely changed how we manage and spend money in today’s digital world. These online wallets allow users to securely store, send, and receive cryptocurrencies. Among these digital currencies, Tether is a very important stablecoin pegged to the value of traditional fiat...

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui 


The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...

Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case


On April 8, a Taiwanese court charged David Pan, the founder of Ace Exchange, and six other people on allegations of money laundering and cryptocurrency fraud involving digital currencies worth $10.7 million. The post Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case appeared...

Judge to Sentence Former FTX Executive Ryan Salame in Late May


Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once...

Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop


On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand Collaboration The Solana-based Stepn has begun...

Which New Meme Coin Will Avalanche Foundation Invest In Next?


As the Avalanche Foundation continues its ‘digital culture drive‘ acquisition of new meme coins, retail investors are scrambling to discover which new meme coin they will invest in next. This article will analyze Avalanche’s current meme coin trends and examine whether...

New Zealand Minister Calls for Overhaul of Digital Asset Regulations


The Minister of Commerce and Consumer Affairs of New Zealand, Andrew Bayly, has recommended a revamp of the country's approach to digital assets and blockchain technology.  The post New Zealand Minister Calls for Overhaul of Digital Asset Regulations appeared first on Cryptonews

Crypto Exchange Listing and Delisting Announcements: April 8, 2024


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. The post Crypto Exchange Listing and Delisting Announcements: April 8, 2024 appeared first on Cryptonews

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