Investors claim Tether’s $118B reserves may face audit and liquidity risks
Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the...
Month: September 2024
Stepn Partners With Adidas for Genesis Sneakers NFT Launch
Stepn, the Web3 move-to-earn app, has announced a new partnership with Adidas, the German sports apparel company, to issue a...
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week....
Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of...
Upbit to store user data on AWS: What users should know
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance...
Celsius token surges 300% a month after $2.5B payment to creditors
The Celsius token skyrocketed 300% a month after the firm paid $2.5 billion to creditors, marking a strong rebound in...
Kraken acquires Dutch broker BCM as part of European expansion
The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the...
Ireland eyes MiCA guardrails to democratize finance with crypto
Ireland Central Bank leads calls to democratize finance and boost financial inclusivity through the implementation of the EU's MiCA regulations,...
21.co’s Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155...
Investment managers eye ‘extraordinary upside’ from BTC options debut
They could potentially spark an "explosively recursive” price upside for Bitcoin, according to one investment manager.
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up...
OpenAI’s press account hack was 5th security breach in 20 months
The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting...
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows...
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at...
