SEC Closes PayPal Stablecoin Probe with No Action The Securities and Exchange Commission (SEC) recently announced the closure of its investigation into PayPal’s stablecoin, PYUSD, with no further action to be taken. This decision comes in the wake of PYUSD experiencing a significant 75% rise in supply throughout the course of this year. The surge […]
The stablecoin market remains largely dominated by Tether
Tether Continues to Reign Supreme in the Stablecoin Market Stablecoins have become a crucial element in the world of cryptocurrencies, providing traders and investors with a reliable digital asset pegged to a stable reserve. While competition in the stablecoin market has been heating up, one player has managed to maintain its dominance: Tether. Despite the […]
South Korea’s ruling party targets crypto deregulation in its new agenda
South Korea’s Ruling Party Targets Crypto Deregulation in Its New Agenda South Korea’s political landscape is gearing up for a significant shift in its approach to digital assets. The ruling party, the People Power Party (PPP), has set its sights on crypto deregulation as a key component of its new agenda. This move signals a […]
Mastercard launches stablecoin payment support
Mastercard Pioneers the Future of Payments with Stablecoin Transaction Support In the fast-paced world of digital transactions, Mastercard has once again taken a groundbreaking step by launching stablecoin payment support. This strategic move comes at a time when stablecoin transactions are gaining momentum, offering users a seamless and secure way to engage in crypto payments. […]
El Salvador keeps buying Bitcoin under the IMF radar
El Salvador’s Strategic Move: Buying Bitcoin Under the IMF Radar El Salvador, a small Central American country, has been making waves in the financial world with its bold move to adopt Bitcoin as legal tender. Despite facing scrutiny from the International Monetary Fund (IMF) over its decision to embrace the world’s largest cryptocurrency, El Salvador […]
Lazarus Group uses fake firms to spread malware to the crypto industry
Lazarus Group: Using Fake Firms to Spread Malware in the Crypto Industry The recent seizure of the Blocknovas website by the FBI has shed light on the nefarious activities of the Lazarus Group, a notorious hacking collective with ties to North Korea. This latest development underscores the growing threat that cybercriminals pose to the burgeoning […]
Nike Sued Over Closure of Crypto Business
Nike Sued Over Closure of Crypto Business Nike, the global sportswear giant, is facing legal action after purchasers of Nike-themed cryptocurrency assets reported significant losses following the sudden closure of its RTFKT unit in December. The move has sparked outrage among investors who believed in the potential of the digital assets associated with the renowned […]
Bitcoin whale moves 50 BTC after 15 years, making $4.67 million
Bitcoin Whale Moves 50 BTC After 15 Years, Making $4.67 Million In the ever-changing world of cryptocurrency, one recent event has captured the attention of the digital asset community. A Bitcoin whale, a term used to describe individuals or entities holding large amounts of Bitcoin, recently made a significant move that has sent shockwaves through […]
$Trump cryptocurrency soars following exclusive event promise
The Rise of $Trump Cryptocurrency: How an Exclusive Event Promise Catapulted its Value In the ever-changing world of cryptocurrency, a new player has emerged to steal the spotlight – $Trump. This digital token, bearing the name of the former US President Donald Trump, has been making waves in the market recently. With its unique branding […]
Italian town celebrates Bitcoin creator with monument
Italian Town of Fornelli Honors Bitcoin Creator with Monument The fusion of art and technology is set to make history in the charming Italian town of Fornelli, as local artist Mattia Pannoni unveils his latest masterpiece – a monument dedicated to the mysterious Satoshi Nakamoto, the creator of Bitcoin. The much-anticipated reveal is scheduled to […]