Bankrupt firms FTX and Alameda Research have moved $10.8 million in various cryptocurrencies to exchanges including Binance, Coinbase, and Wintermute, amidst ongoing efforts to address substantial debts.
Bitcoin (BTC) $38,826.40 0.69%Ethereum (ETH) $2,106.70 0.65%BNB (BNB) $227.89 0.32%XRP (XRP) $0.614509 0.67%Cardano (ADA) $0.389997 2.23%Solana (SOL) $62.30 2.16%Dogecoin (DOGE) $0.084062 0.52%Polkadot (DOT) $5.53 1.66%Shiba Inu (SHIB) $0.000008 1.10%Dai (DAI) $0.998877 0.06%TRON (TRX) $0.102941 0.99%Polygon (MATIC) $0.812651 3.66%Avalanche (AVAX) $22.07 1.23%Uniswap (UNI) $6.15 1.47%Litecoin (LTC) $71.75 0.88%
Stablecoin News
Ethereum maintains upward trajectory with increased DApp metrics and NFT dominance, as Binance navigates significant regulatory fines and shifts in the crypto market.
This analysis offers an unbiased look at the potential for a Bitcoin supercycle, weighing factors like halving events, market adoption, and global economic shifts.
The European Banking Authority unveils draft guidelines for stablecoin issuers, focusing on liquidity, capital, and risk management in alignment with the upcoming MiCA regulation.
The FCA and the Bank of England are calling for industry feedback on their proposed stablecoin regulation framework, aimed at targeting systemic payment systems and ensuring financial stability. The move marks a significant step in the UK’s efforts to establish a safe and regulated environment for digital currencies.
The cryptocurrency market is currently experiencing a historic liquidity crunch, especially as the Bitcoin halving event approaches.
The global financial landscape is witnessing a significant shift in stablecoin activity, with a marked departure from the U.S. market. Recent reports indicate that while the U.S. has historically been at the forefront of the stablecoin revolution, its dominance is waning.
In recent findings, North America, particularly the United States and Canada, has been identified as a major player in the global cryptocurrency market.
In a significant stride towards the future of digital payments, Standard Chartered’s SC Ventures and Deutsche Bank have successfully executed the first proof of concept (PoC) for the Universal Digital Payments Network (UDPN).
In a recent revelation, FTX, the once-prominent cryptocurrency exchange, has come under intense scrutiny for its financial dealings, particularly concerning the use of customer funds.
In a recent analysis titled “The Relentless Rise of Stablecoins,” Brevan Howard Digital delved deep into the world of stablecoins, revealing some astonishing figures.
In recent developments, the Reserve Bank of Australia (RBA) has emphasized the potential of tokenized money in revolutionizing the financial landscape.
In a significant move, South Korea’s Financial Services Commission (FSC) has announced a comprehensive restructuring of its Financial Intelligence Unit (KoFIU).
In a recent turn of events, Real USD (USDR), a Polygon-based stablecoin backed by real estate holdings, witnessed a significant depreciation in its value, dropping nearly 50% within a few hours.
Hong Kong’s retail investors have shown a marked increase in their interest in cryptocurrencies, as revealed by recent surveys.
In a move that could reshape the landscape of the cryptocurrency industry, the US Consumer Financial Protection Bureau (CFPB) is actively considering the application of the Electronic Fund Transfer Act (EFTA) to cryptocurrency platforms.
Trading on a crypto platform can bring you more than $1,000 of daily profit. You can double the deposit in less than a week.
PayPal, the global payment giant, has made a significant move in the cryptocurrency space by introducing its proprietary stablecoin, PYUSD, to Venmo.
The stablecoin economy has shown resilience despite a relatively lackluster performance over the past 30 days, with fluctuations slightly above or below the $124 billion mark. In the past 24 hours, the global trade volume for fiat and commodity-pegged tokens reached an impressive $11.55 billion.
The decentralized finance (DeFi) sector experienced a notable decline in economic activity in August, with trading volumes across DeFi protocols dropping to $52.8 billion, marking a 15.5% decrease from July.
The cryptocurrency world has witnessed a notable reshuffling in the stablecoin sector, with Tether (USDT) experiencing a decline in its market capitalization for the first time in nine months.
In a recent event, Justin Sun, the founder of TRON and a member of the HTX Global Advisory Committee, was a prominent figure at the 2023 Milken Institute Asia Summit held on September 14. During this event, Sun had an in-depth conversation with Kirk Wagar, the President of Wagar Global Advisors and Former Ambassador of the US to Singapore.
In a significant move towards global financial stability, the G20 Leaders’ Summit, held in New Delhi, has endorsed a comprehensive roadmap for cryptocurrency regulations.
Visa, the global payments giant, is setting its sights on a future that encompasses more than just traditional currencies and banking systems.
In a week that has been nothing short of transformative for the cryptocurrency landscape in Latin America, two major developments have taken center stage.
In a recent discussion with Reflexer Finance, Ethereum co-founder Vitalik Buterin offered his insights into the burgeoning landscape of liquidity staked derivatives (LSDs) and the role of stablecoins like RAI.
In a surprising move, Binance, one of the world’s leading cryptocurrency exchanges, has announced its intention to launch a new stablecoin.
The cryptocurrency analysis platform CCData released the “Stablecoins and CBDC Report”, showing that the total market value of stablecoins continued to decline in August.