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Tether Reasserts Stability Amid Loan Controversy

September 21, 2023

Despite facing concerns over short-term loan services, stablecoin issuer Tether (USDT) has quietly resumed its secured lending services this past year. Observations from its most recent quarterly financial update reveal …

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Balancer Recovers from DNS Attack, Reclaims Control of Domain

September 21, 2023

The decentralized finance (DeFi) protocol, Balancer, successfully reclaimed its domain after a Domain Name Service (DNS) attack led to a loss of roughly $240,000. The attack was carried out by …

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Bitcoin Price Stagnant Amid Significant Withdrawals and Lack of Volatility

September 21, 2023

Situation Analysis The Bitcoin market has recently seen significant activity, with a notable Bitcoin withdrawal from Bitfinex and stable prices despite varying macroeconomic events. Bitfinex, known for acquiring Bitcoin at …

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Australian Regulatory Actions Against Crypto Exchange Kraken Drawing attention

September 21, 2023

The Australian Securities and Investments Commission (ASIC), the financial regulator in Australia, has alleged failure to comply with local design and distribution obligations by Bit Trade Pty Ltd, the provider …

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Learn Concept: Challenges and Progress in Crypto Regulation and Exchange-Traded Funds (ETFs)

September 21, 2023

The crypto space continues to grapple with various regulatory inquiries and uncertainties, further complicated recently when amidst several allegations including operating unauthorized exchange functions and unregistered security listings in the …

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Optimism to Sell $160M in Tokens to Seven Buyers for Treasury Management

September 21, 2023

The Optimism Network, a renowned Ethereum layer-2 scaling solution, has announced plans to sell 116 million OP tokens to seven private buyers as part of their treasury management strategy. Valued …

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Learn Concept: Deciphering The Impact of Misinformation in Cryptocurrency Sector

September 21, 2023

Understanding the correct flow of information is essential when dealing with financial instruments, especially given their potential effect on investors' perceptions and actions. In light of this importance, this article …

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Mt. Gox Trustee Extends Repayment Deadline to October 2024

September 21, 2023

Rehabilitation trustee Nobuaki Kobayashi has officially delayed the repayment deadline for the defunct crypto exchange, Mt. Gox, by a year. Now, creditors can expect to be paid back by the …

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Bitcoin Reserves on Exchanges at Six-Year Low, Driven Partially by Binance Outflows

September 21, 2023

The amount of Bitcoin being held on cryptocurrency exchanges has reached a year-to-date low, hitting around 11.8% of the total available supply, a figure comparable to reserve levels last seen …

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PayPal Offers Stablecoin PYUSD on Venmo, 12 Platforms Now Support the Asset

September 21, 2023

PayPal has extended its PYUSD stablecoin to the Venmo app according to its announcement on Sept. 20. The inclusion of PYUSD on Venmo is currently available to select users, with …

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