(Bloomberg) -- The regulatory crackdown on cryptocurrencies is proving a boon for a token that’s located outside the US and being scrutinized over the transparency of its reserves.Most Read from BloombergNew Cars Are Only for the Rich Now as Automakers Ra
USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their a
A Cornell University professor has warned that a stablecoin run could lead to severe contagion in U.S. Bond and Treasury markets.
Binance, the world's largest crypto exchange, is seeing significant outflows this week after its stablecoin partner Paxos was ordered to cease minting new BUSD tokens, a Binance-branded stablecoin.
The TrueUSD (TUSD) stablecoin’s market share in bitcoin (BTC) trading volume on Binance is catching up to Tether’s USDT following the exchange’s zero fee trading discount, but data shows traders are still reluctant to use TUSD, according to crypto data fi
Members of Congress are taking another crack at creating a new stablecoin legal framework in the U.S. The new draft bill is part of a multiyear effort to create a comprehensive legal framework around stablecoins like USDC and Tether.
The Securities and Exchange Commission has told crypto firm Paxos Trust that it plans to sue the company for violating investor protection laws.
Traders look more closely at decentralized censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar and Binance USD tokens, over the latter. The news comes days after CoinDesk reported Paxos was under investigation by the New York Dep
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024