Market leadership in stablecoin transfers: Blockchain project Solana leaves them all behind!
finanzen.net/nachricht/devisen/blockchain-zahlungen-ethereum-ueberholt-solana-ist-globaler-spitzenreiter-bei-stablecoin-transfers-13422234
Telegram Messaging Service to Allow Tether Stablecoin Payments: Tether, the issuer of the world’s most used stablecoin, has teamed up with TON Foundation to ...
bloomberg.com/news/articles/2024-04-19/telegram-messaging-service-to-allow-tether-stablecoin-payments
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Tokenized asset market could hit $16T on public blockchains — RippleX VP : Institutional investors, asset managers and banks are racing to bring financial assets ...
cointelegraph.com/news/tokenized-assets-public-blockchains-ripple
Binance Converts Billion-Dollar SAFU Emergency Fund into USDC: The world’s largest crypto exchange Binance has converted the entire pool of assets held in an ...
bloomberg.com/news/articles/2024-04-18/binance-converts-billion-dollar-safu-emergency-fund-into-usdc
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US Senators Propose Regulatory Framework for Stablecoins: United States Senators Kirsten Gillibrand and Cynthia Lummis have unveiled a new bill ...
coinmarketcap.com/alexandria/article/us-senators-propose-regulatory-framework-for-stablecoins
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill: Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday ...
coindesk.com/policy/2024/04/17/us-senators-lummis-gillibrand-take-on-stablecoin-legislation-with-new-bill/
Sony Bank Pilots Yen-Backed Stablecoin on Polygon: Sony Bank kicks off proof-of-concept for minting its own fiat-backed stablecoin on Polygon.
coinmarketcap.com/alexandria/article/sony-bank-pilots-yen-backed-stablecoin-on-polygon
Telegram commits to TON blockchain, plans to support tokenized emojis and stickers NFTs
cointelegraph.com/news/telegram-ton-tokenizing-emojis-stickers-nfts
First Digital Trust Expands FDUSD Stablecoin to Sui Blockchain: First Digital Trust, a stablecoin issuer based in Hong Kong, announced its plans to expand the US ...
coinmarketcap.com/alexandria/article/first-digital-trust-expands-fdusd-stablecoin-to-sui-blockchain
Ethena Labs Partners with Major Exchanges’ Web3 Wallets To Boost USDe Rewards: Ethena Labs has announced the integration of its platform with centralized ...
coinmarketcap.com/alexandria/article/ethena-labs-partners-with-major-exchanges-web3-wallets-to-boost-usde-rewards
UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says: The country passed a landmark bill in June 2023, which laid the foundation for stablecoins ...
coindesk.com/policy/2024/04/15/uk-to-issue-new-crypto-stablecoin-legislation-by-july-minister-says/
Fantom (FTM) Surges 8% Amidst USDC.e Stablecoin Launch and Network Upgrade: Fantom (FTM) experienced an 11% increase over the past week, making it one of the top ...
coinmarketcap.com/alexandria/article/fantom-ftm-surges-8percent-amidst-usdce-stablecoin-launch-and-network-upgrade
MakerDAO Increases Dai's Debt Ceiling to $1B, Expands Collaboration with Ethena and Morpho Labs
coinmarketcap.com/alexandria/article/makerdao-increases-dais-debt-ceiling-to-dollar1b-expands-collaboration-with-ethena-and-morpho-labs
Key Democrat Touts Progress on Stablecoin, Marijuana Legislation: Representative Maxine Waters, the top Democrat on the Financial Services Committee ...
bloomberg.com/news/articles/2024-04-24/key-democrat-touts-progress-on-stablecoin-marijuana-legislation
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Ripple launches stablecoin - Mega growth also ahead for XRP?: The world's largest stablecoins such as Tether or the USD Coin issued by Circle are facing serious ...
finanzen.net/nachricht/devisen/konkurrenz-zu-tether-vorstoss-in-milliardenmarkt-ripple-stellt-eigenen-stablecoin-vor-13418671
Week in DeFi: Is Popular Stablecoin DAI At Risk?: Aave's proposal to remove DAI as a collateral came after concerns about potential contagion risks from ...
coinmarketcap.com/alexandria/article/week-in-defi-is-popular-stablecoin-dai-at-risk
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill: Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday ...
coindesk.com/policy/2024/04/17/us-senators-lummis-gillibrand-take-on-stablecoin-legislation-with-new-bill/
What Does Ripple’s Stablecoin Mean for XRP?: XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers ...
coindesk.com/consensus-magazine/2024/04/04/what-does-ripples-stablecoin-mean-for-xrp/
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
coindesk.com/policy/2024/04/18/sen-lummis-itll-pay-to-choose-circle-over-tether-under-us-stablecoin-proposal/
Circle launches USD Coin on Ethereum zkSync: The stablecoin is now usable across the zkSync ecosystems, which consists of 180 DApps.
cointelegraph.com/news/circle-launches-usd-coin-ethereum-zksync
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra: "A lot of things can go wrong," in Ethena's yield-generation strategy ...
coindesk.com/business/2024/04/11/ethena-labs-divides-opinion-as-high-yield-stirs-memories-of-terra/
🗞️ Avi Eisenberg's $110 million fraud trial opens
🗞️ The Financial Stability Institute wants consistency in stablecoin regulation
Host Jennifer Sanasie has ... Show more
US Regulator Seeks $5.3 Billion Fine for Terraform Labs, Kwon: The US Securities & Exchange Commission wants to impose a $5.3 billion fine on Terraform Labs Pte ...
bloomberg.com/news/articles/2024-04-24/us-regulator-seeks-5-3-billion-fine-for-terraform-labs-kwon
Sen. Warren calls for increased safeguards in stablecoin legislation: In a letter to Treasury Secretary Janet Yellen last week, the Massachusetts senator ...
americanbanker.com/news/sen-warren-calls-for-increased-safeguards-in-stablecoin-legislation
Stablecoin Bill Spells ‘Huge Disaster’ for Consumers, American’s Allen Says: As Congressional stablecoin legislation designed to legitimize and clarify many ...
bloomberg.com/news/articles/2024-04-22/stablecoin-bill-spells-huge-disaster-for-consumers-american-s-allen-says
Singapore-Licensed Triple-A to Offer PayPal Stablecoin (PYUSD) Support: Singapore-based payments firm Triple-A will add PayPal’s stablecoin to the list of tokens ...
bloomberg.com/news/articles/2024-04-19/singapore-licensed-triple-a-to-offer-paypal-stablecoin-pyusd-support
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CryptoWatch: Telegram's USDT Integration, How to Use Telegram Tether Payments, Bitcoin Halving 2024
techtimes.com/articles/303817/20240421/cryptowatch-telegrams-usdt-integration-use-telegram-tether-payments-bitcoin-halving.htm
Stablecoin Law Push Gets Surprise Boost from Crypto Skeptic Sherrod Brown: A long-delayed bid to write a new law for stablecoins is getting a push from an ...
bloomberg.com/news/articles/2024-04-16/stablecoin-law-push-gets-surprise-boost-from-crypto-skeptic-sherrod-brown
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Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
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Ghost of Facebook’s Libra Haunts Stablecoin Rules Five Years Later: In this edition of the Bloomberg Crypto newsletter, Emily Nicolle reports on the need for ...
bloomberg.com/news/newsletters/2024-04-16/ghost-of-facebook-s-libra-haunts-stablecoin-rules-five-years-later
Germany’s LBBW Bank to Offer Crypto Custody Services: Landesbank Baden-Württemberg, Germany’s biggest federal bank, plans to start offering cryptocurrency ...
bloomberg.com/news/articles/2024-04-15/germany-s-lbbw-bank-to-offer-crypto-custody-services
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Terraform Labs and founder Do Kwon found liable in US civil fraud trial: A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable ...
cnn.com/2024/04/05/business/terraform-labs-do-kwon-found-liable-in-us-civil-fraud-trial/
Quick Glance: Conviction of CEO from 2022 Crypto Crash for Fraud
- A court in Manhattan determined on Friday that a former crypto CEO from Singapore was liable for civil fraud. The decision aligned with the US Securities and Exchange Commission's claim that both he and his company deceived investors before the collapse of the company's namesake cryptocurrency in 2022.
- Allegations were made by the SEC against Terraform and Kwon for deceiving investors in 2021 about the stability of TerraUSD, a stable coin intended to hold a value of $1. Additionally, it was asserted that both falsely stated that Terraform's blockchain was utilized in a popular Korean mobile payment app.
- The depreciation of the two tokens led to the devaluation of other cryptocurrencies, including Bitcoin, and caused extensive turmoil in the crypto market, resulting in several companies filing for bankruptcy in 2022.
- In recent months, US financial regulatory authorities have been focused on cracking down on dubious crypto moguls. The former FTX CEO Sam Bankman-Fried was sentenced to 25 years in federal prison for wire fraud and conspiracy to launder money. His company is still in the midst of controversial bankruptcy proceedings.
Stablecoins are boosting demand for U.S. Treasury notes, crypto exec says: The CEO of Cantor Fitzgerald, custodian of stablecoin Tether, said stablecoins are ...
qz.com/crypto-stablecoin-tether-circle-us-dollar-1851403411
Crypto startup Ripple is the latest major player to jump into the $150 billion stablecoin market with the launch of a digital currency pegged to the U.S ... Show more www.cnbc.com/2024/04/04/crypto-firm-ripple-to-launch-us-dollar-stablecoin.html
CryptoWatch: Ripple's USD Stablecoin, Coinbase Restricted Dealer Status, Google vs. Crypto Scammers
techtimes.com/articles/303350/20240407/cryptowatch-ripples-usd-stablecoin-coinbase-restricted-dealer-status-google-vs.htm
Crypto startup Ripple is the latest major player to jump into the $150 billion stablecoin market with the launch of a digital currency pegged to the U.S ... Show more www.cnbc.com/2024/04/04/crypto-firm-ripple-to-launch-us-dollar-stablecoin.html
PayPal’s PYUSD Stablecoin Now Available for Xoom Cross-Border Money Transfers: PayPal Holdings Inc.’s Xoom cross-border money transfer service now allows ...
bloomberg.com/news/articles/2024-04-04/paypal-s-pyusd-stablecoin-now-available-for-xoom-cross-border-money-transfers
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Andre Cronje Raises Concerns Over Ethena Labs' USDe Stablecoin: Renowned decentralized finance (DeFi) builder Andre Cronje has expressed concerns about the ...
coinmarketcap.com/alexandria/article/andre-cronje-raises-concerns-over-ethena-labs-usde-stablecoin
Japan Launches Deposit-Backed 'Tochika' Stablecoin: In a first for Japan, Hokkoku Bank launches 'Tochika' - a pioneering stablecoin backed by bank deposits ...
coinmarketcap.com/alexandria/article/japan-launches-deposit-backed-tochika-stablecoin
Van Eck Scion Launches Stablecoin With Investment Firm’s Support: Nick Van Eck, son of investment management veteran Jan Van Eck, is making a bet on ...
trib.al/zBBI7cq
Bitcoin currently in ‘middle of the bull run’ — Grayscale report: A fresh report from Grayscale concludes that Bitcoin’s bull market still has a way to go.
cointelegraph.com/news/bitcoin-currently-in-middle-of-the-bull-run-grayscale-report
Stablecoin delistings in Europe spell change for crypto exchanges, issuers: Some on the continent see the opportunity for a new generation of European stablecoin ...
cointelegraph.com/news/stablecoin-delisting-europe-regulation-crypto-exchange
What Does Ripple’s Stablecoin Mean for XRP?: XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers ...
coindesk.com/consensus-magazine/2024/04/04/what-does-ripples-stablecoin-mean-for-xrp/
Week in DeFi: Wormhole's W Token Launching on April 3: Wormhole's highly anticipated W token airdrop is set for April 3, while Ethena Labs is set to airdrop its ...
coinmarketcap.com/alexandria/article/week-in-defi-wormhole-announces-w-airdrop-date
Tether Added Nearly 8.9K Bitcoin to Holdings in First Quarter: On-Chain Data: The stablecoin issuer's BTC stack now tops 75,000 tokens worth about $5 ...
coindesk.com/markets/2024/04/01/tether-added-nearly-89k-bitcoin-to-holdings-in-first-quarter-on-chain-data/
USDT Issuer Tether Launches New AI Division, Looking to Build New Open AI Models: Leading stablecoin issuer Tether has announced the establishment of a new ...
coinmarketcap.com/alexandria/article/usdt-issuer-tether-launches-new-ai-division-looking-to-build-new-open-ai-models
Coinbase Will Store More Corporate and Customer USDC Accounts on Layer-2 Base: Max Branzburg, the Vice President of Coinbase, has announced plans for Coinbase to ...
coinmarketcap.com/alexandria/article/coinbase-will-store-more-corporate-and-customer-usdc-accounts-on-layer-2-base
USDM stablecoin eyes retail rollout next month: Mehen founder: Mehen Finance says its recently launched USDM stablecoin on Cardano will be available to retail ...
cointelegraph.com/news/usdm-stablecoin-retail-rollout-april-mehen-founder
MakerDAO Founder Christensen Announces Two New Tokens in “Endgame” Plan: MakerDAO, the organization behind the popular Dai stablecoin, has announced its ...
coinmarketcap.com/alexandria/article/makerdao-founder-christensen-announces-two-new-tokens-in-endgame-plan
The House Financial Services Committee Chairman Patrick McHenry, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill ... Show more www.coindesk.com/policy/2024/03/20/key-us-lawmaker-mchenry-says-house-has-workable-stablecoin-bill/
Israel Pioneers Shekel-Backed Stablecoin with BILS Pilot Program: Israel takes a leap into the world of digital currencies with its pioneering stablecoin project ...
coinmarketcap.com/alexandria/article/israel-pioneers-shekel-backed-stablecoin-with-bils-pilot-program
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions: The company allows institutional investors to comply with regulations when ...
coindesk.com/business/2024/03/19/crypto-compliance-platform-keyring-raises-6m-to-unlock-defi-for-institutional-investors/
🗞️ El Salvador bags major bitcoin gains
🗞️ Hong Kong's fresh stablecoin push
Host Jennifer Sanasie has today's top crypto headlines on "CoinDesk ... Show more www.youtube.com/watch?v=https://www.youtube.com/watch
Tether's $100 billion stokes stablecoin stability concerns: As Tether toasts $100 billion in circulation this week, the rapid rise of the world's biggest ...
reuters.com/technology/tethers-100-bln-stokes-stablecoin-stability-concerns-2024-03-05/
MakerDAO Makes Temporary Fee Adjustments for DAI Amidst Market Volatility: MakerDAO, the organization behind the popular stablecoin Dai (DAI) ...
coinmarketcap.com/alexandria/article/makerdao-makes-temporary-fee-adjustments-for-dai-amidst-market-volatility
Binance to end support for USDC stablecoin on Tron blockchain network: Cryptocurrency exchange Binance said on Monday it will end support for deposits and ...
reuters.com/technology/binance-end-support-usdc-stablecoin-tron-blockchain-2024-03-25/
Week in DeFi: Yield-Bearing Stablecoins Are In Right Now : Over $780M is locked in Ethena Labs' USDe weeks after launching, while MarginFi releases its own ...
coinmarketcap.com/alexandria/article/week-in-defi-yield-bearing-stablecoins-are-in-right-now
Bitcoin mining difficulty skyrockets, new Satoshi emails revealed, and more: Hodler’s Digest, Feb. 18-24
cointelegraph.com/magazine/bitcoin-mining-difficulty-skyrockets-new-satoshi-emails-revealed-and-more-hodlers-digest-feb-18-24/
Quick Glance: Bitcoin Reaches New High Above $57,000
- On Tuesday, Bitcoin reached a new high above $57,000.
- The current price of the flagship cryptocurrency was recorded at $57,328.95, according to Coin Metrics. A peak of $57,445.14 was achieved earlier, marking the highest level since December 2021.
- Joel Kruger, market strategist at LMAX Group, highlighted the increasing market motivation to break through the level as Bitcoin approaches its record high.
Bitcoin hits new highs, SEC delays options decision, and stablecoin bill looms: Hodler’s Digest, March 3-9
cointelegraph.com/magazine/bitcoin-hits-new-highs-sec-delays-options-decision-stablecoin-bill-looms-hodlers-digest-march-3-9/
Tether stablecoin USDT is coming to Celo blockchain: Stablecoin operator Tether announces Celo ecosystem integration amid the surging of Ethereum gas fees and ...
cointelegraph.com/news/tether-stablecoin-usdt-celo-blockchain
Solana Client Developer Jito Announces End of 'Mempool' Function: The mempool was a key part of its technology stack that nonetheless allowed for ...
coindesk.com/business/2024/03/08/solana-client-developer-jito-announces-end-of-mempool-function/
Ripple Set to Launch US Stablecoin in a Crowded $150 Billion Market: Blockchain developer Ripple Labs Inc. plans to introduce its own dollar-denominated ...
bloomberg.com/news/articles/2024-04-04/ripple-to-launch-us-stablecoin-in-150-billion-crypto-market-xrp
ZA Bank Is Talking to Potential Stablecoin Issuers About Fiat Reserve Accounts: Hong Kong’s ZA Bank is talking to potential stablecoin issuers about setting up ...
bloomberg.com/news/articles/2024-04-04/za-bank-looks-to-offer-hong-kong-accounts-for-stablecoin-issuers
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The DeFi bots pumping Solana’s stablecoin volume: Rampant bot activity has pumped daily USDC volume on a single Solana DEX past the entire stablecoin volume on ...
cointelegraph.com/magazine/defi-bots-pumping-solana-stablecoin-volume/
Existing stablecoin models are "not totally fair," Usual CEO Pierre Person says.
Watch as he takes the "First Mover" hot seat and answers ... Show more www.coindesk.com/video/how-usd0-plans-to-bring-more-transparency-to-the-existing-stablecoin-model/
South Africa Explores Stablecoin Regulations: A South African government working group will assess use cases and regulatory approaches for stablecoins in 2024.
coinmarketcap.com/alexandria/article/south-africa-explores-stablecoin-regulations
Stablecoin Tether: Audit aims to create transparency and dispel concerns: The company behind the world's largest stablecoin is completing an audit to create more ...
t3n.de/news/tether-audit-1617006/
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Stablecoin USDC Is Making a Comeback: Coinbase: Total market cap of Circle's USDC has increased faster than that of larger rival Tether's USDT in ...
coindesk.com/markets/2024/02/27/stablecoin-usdc-is-making-a-comeback-coinbase/
🗞️ Bitcoin crosses $57,000
🗞️ Is the USDC stablecoin making a comeback?
Jennifer Sanasie has today's top crypto headlines on "CoinDesk Daily ... Show more
Key Stablecoin USDC Ditches Tron Network, Cites Risk Management: The operator of the $28 billion USDC stablecoin, the second-largest such token in the ...
trib.al/rVaR44z
America Must Lead on Crypto Regulation | by Dante Alighieri Disparte - Project Syndicate
project-syndicate.org/commentary/united-states-losing-competitive-edge-in-digital-asset-markets-by-dante-alighieri-disparte-2024-03
Tether (USDT) Is Most Used Stablecoin in Illicit Crypto Flows, TRM Says: Tether was the most used stablecoin for criminal activity in crypto last year ...
bloomberg.com/news/articles/2024-03-27/tether-usdt-is-most-used-stablecoin-in-illicit-crypto-flows-trm-says
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The Struggle for Currency Supremacy | by Paolo Tasca - Project Syndicate: Paolo Tasca expects that digital assets will accelerate efforts to create alternatives ...
project-syndicate.org/onpoint/currency-competition-dollar-is-supreme-but-digital-assets-complicate-picture-by-paolo-tasca-2024-03
Terraform Goes on Trial in Fraud Case; Do Kwon Awaits Extradition in Montenegro: Terraform Labs Pte. goes on trial Monday over civil fraud claims tied to the ...
bloomberg.com/news/articles/2024-03-25/terraform-goes-on-trial-as-kwon-awaits-extradition-in-montenegro
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Do Kwon went from crypto king to fugitive to the subject of an extradition contest between the US and South Korea. Here's what you need to know. www.bloomberg.com/news/articles/2024-03-22/do-kwon-from-terraform-crypto-king-to-south-korea-extradition-case
Crypto Fugitive Do Kwon Out of Jail, But His Next Destination is Unclear: South Korean crypto fugitive Do Kwon was released from prison in Montenegro early ...
bloomberg.com/news/articles/2024-03-23/crypto-fugitive-do-kwon-out-of-jail-but-his-next-destination-is-unclear
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Who Is Do Kwon? Crypto CEO Whose Coin Lost $40 Billion In 2022 Facing Civil Fraud Trial
go.forbes.com/c/5CcR
Tether won’t confirm or deny if it’s dropping USDT on Tron: Tether, the issuer of the USDT stablecoin, didn’t answer if it would stop supporting the Tron network ...
cointelegraph.com/news/tether-wont-confirm-deny-plans-drop-usdt-support-tron
FTX Creditor Platform Buys $60 Million in Bankruptcy Claims: When FTX collapsed in Nov. 2022, Louis d’Origny was just one of more than a million customers who ...
bloomberg.com/news/articles/2024-03-21/platform-built-by-former-ftx-exec-snaps-up-60-million-in-claims
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Exchange Investigates Flash Crash That Sent Bitcoin to $8,900: Crypto exchange BitMEX said it is investigating unusual trading activity, including possible ...
bloomberg.com/news/articles/2024-03-19/exchange-investigates-flash-crash-that-sent-bitcoin-to-8-900
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