Former White House communications director Anthony Scaramucci called Trump’s first 100 days in office “the worst in modern history.” Despite several crypto-friendly actions, Trump’s early presidency has stirred up major controversy and uncertainty in both politics and the crypto world. […]
Trump’s First 100 Days: Big Moves, Big Problems for Crypto Read More »
The world’s biggest crypto exchange, Binance, is facing mounting criticism from its users. Several issues have raised eyebrows, including poorly performing token listings, the depegging of the FDUSD stablecoin, and claims of unethical practice. Source: https://www.aljazeera.com/economy/2023/2/17/crypto-exchange-binance-pulls-back-on-some-us-investments Recent reports revealed that
Binance Faces Community Backlash as Users Demand Accountability Read More »
Crypto exchange Bybit plans to delist seven tokens from its spot trading platform and Bybit Convert. The change will take effect at 8 AM UTC on March 21, 2025, as announced in a blog post on Monday. Source: https://www.bitdegree.org/crypto/tutorials/bybit-restricted-countries Among
Bybit to Delist 7 Tokens on March 21 — What It Means for Traders Read More »
Decentralized finance (DeFi) project Maker, now rebranded as Sky, recently announced the launch of its new stablecoin, USDS. The rebranding and the introduction of USDS have sparked significant debate within the DeFi community. Source: https://techreport.com/crypto-news/skys-new-stablecoin-usds-freeze-function-causes-backlash/ What is USDS? USDS is
Maker’s Controversial New Stablecoin: USDS and the Freeze Function Read More »
Tether, a leading stablecoin issuer, announced a pause in Bitcoin purchases, despite reporting a record $1.3 billion net operating profit for Q2 2024. The financial report, audited by BDO, a top global accounting firm, marks a notable shift in Tether’s
Tether Pauses Bitcoin Purchases Despite $1.3 Billion Profit Read More »
Tether, a global digital asset firm, has invested $18.75 million in XREX Group, a Taiwanese blockchain-enabled financial institution. The goal of this partnership is to improve cross-border USDT-based payments in developing economies and stimulate innovation in digital assets. Source: https://www.bloomberg.com/
Tether’s Strategic Investment in XREX Group Read More »
In a significant development reflecting Circle’s commitment to regulatory compliance and market stability, the company has announced the discontinuation of its USDC stablecoin support on the TRON blockchain. This phased transition, set to be completed by February 2025, marks a
Circle’s Strategic Move: Ending USDC Support on TRON Blockchain Read More »
Stablecoins have emerged as a crucial component of the rapidly evolving digital economy, bridging the gap between traditional finance and the world of cryptocurrencies. These digital assets are designed to maintain a stable value by pegging them to traditional fiat
The Significance of Stablecoin Legislation in the Financial Landscape Read More »
