Posted by | December 5, 2022
USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report

The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition...

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Posted by | December 4, 2022
South Korean Judge Throws Out Arrest Warrant for Terra Founder Do Kwon’s Associates: Report

A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates. According to a new report by local publication Yonhap News,...

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Posted by | November 28, 2022
Tokenized government bonds free up liquidity in traditional financial systems

A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works...

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Posted by | November 2, 2022
Union Bank of the Philippines launches Bitcoin and Ethereum trading

UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm. 1419 Total views 39 Total shares The Union Bank...

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Posted by | November 1, 2022
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. 18911 Total views 67 Total shares Nikolai Mushegian, co-founder of the cryptocurrency...

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Posted by | October 31, 2022
Federal Prosecutors Take Over Tether Investigation, Looking Into Potential Fraud Committed by Executives: Report

The New York Justice Department is taking over a year-old investigation into top stablecoin issuer Tether. Washington federal prosecutors warned top Tether executives last year that they could be charged...

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Posted by | October 28, 2022
Crypto Exchange FTX Plans To Develop a Stablecoin, Says CEO Sam Bankman-Fried: Report

The Bahamas-based crypto exchange FTX could soon develop its own stablecoin, according to the firm’s chief executive, Sam Bankman-Fried. In a new interview with European Web3 media company The Big...

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Posted by | October 19, 2022
Thousands of Retail Investors Organize Manhunt for Terraform Labs Founder Do Kwon: Report

A large group of retail investors are reportedly organizing a manhunt to locate the whereabouts of Do Kwon, the founder of stablecoin issuer Terra (LUNA). According to a new report...

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Posted by | October 14, 2022
Fed governor Waller says US CBDC would not enhance things the world loves about US fiat

The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place,...

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Posted by | October 7, 2022
US DOC agency NIST explores security, safety, trust of stablecoins

The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization.

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