News

Tether Has Over 50% Of The Stablecoin Market, The Highest In 14 Months

Key Points: Tether (USDT) is once again consolidating as crypto's preferred pegged asset, with its stablecoin market share approaching 50%.…

2 years ago

Iris Energy Increases Self-Mining Capacity To 5.5 EH/s After Buying 4.4 EH/s In Machines

Key Points: According to Iris Energy, $67 million of the remaining Bitmain prepayments were used to purchase 4.4 EH/s of…

2 years ago

Coinbase CEO Visits Washington To Push For Clearer New Rules Targeting The Crypto Industry

Key Points: Following enforcement steps this month against Kraken and Paxos, Coinbase CEO Brian Armstrong said he was in Washington…

2 years ago

BUSD Drops 8% After Paxos Announcing To Cease BUSD Stablecoins

Key Points: Binance's BNB plummeted below $290, an 8% decline. Paxos indicated that it would cease issuing new BUSD stablecoins…

2 years ago

UAE Central Bank To Launch Programme To Boost Digital Transformation

Key Points: As part of a new initiative to speed up digital transformation, the central bank of the UAE intends…

2 years ago

Binance Confirms It Has Been Told By Paxos To Stop Minting New BUSD Tokens

Key Points: Binance says it’s been told Paxos to halt minting new BUSD. Paxos will maintain the product, oversee redemptions,…

2 years ago

dForce Attacker Returns All $4 Million In Stolen Money

Key Points: The dForce attacker is said to have refunded the entire amount stolen on the protocol. All affected users…

2 years ago

Upbit Spot Trading Volume Increased By 160% As Derivatives Trading In Phemex Rose 190%

Key Points: Spot trading on major exchanges rose 57.8% over the last month. Derivatives trading on the major exchanges rose…

2 years ago

CFTC And SEC Lawsuits Against SBF Will Be Heard After The Criminal Trial

Key Points: New York judge has granted the prosecution's request to postpone civil actions from the Securities Exchange Commission (SEC)…

2 years ago

2 House Republicans Ask SEC For Details On Timing Of SBF’s Arrest

Key Points: Two senior Republican US House of Representatives members wanted the SEC to provide information at the time of…

2 years ago

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