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Stablecoin Ecosystem Holds Firm Despite Lackluster Activity


The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...

Another 2 Binance US Executives Leave Crypto Exchange, Report


Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...

Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services


Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one...

Former FTX Legal Chief Forms New Law Firm Focused on Crypto Regulation


Ryne Miller, the former general counsel of the now-defunct crypto exchange FTX, has established his own law firm.  Miller Strategic Partners will specialize in offering regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory...

India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index


Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...

Suspected $28 Million Coinex Hot Wallet Hack Emerges


Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...

Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow?


Japan’s Casio has become the latest megabrand to take the NFT plunge with the release of “Virtual” G-Shock tokens based on its popular watches. In a Casio press release, the firm said it was launching the Virtual G-Shock line on the Polygon blockchain protocol. The company said it would release...

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