[Jul 8 7:43 AM] Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
[Jul 2 12:33 PM] Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum…
[Jul 1 4:34 AM] The Social Security System is a state-run social insurance program that serves employees in the official, informal and private sectors.
[Jun 28 7:05 AM] According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about…
[Jun 21 5:39 AM] Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.
[Jun 20 12:00 PM] The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.
[Jun 19 8:43 PM] The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups…
[Jun 18 1:13 AM] Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.
[Jun 17 8:18 AM] Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.
[Jun 16 2:36 PM] With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with…
[Jun 16 10:39 AM] According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by…
[Jun 13 8:03 AM] The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
[Jun 13 7:25 AM] Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
[Jun 12 11:00 AM] MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.
[Jun 12 7:30 AM] President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?
[Jun 12 7:06 AM] A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly…
[Jun 12 4:00 AM] Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.
[Jun 12 3:10 AM] In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed…
[Jun 11 11:26 AM] Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.
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