Former Binance.US chief raises $20M for stablecoin network
The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.
The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.
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Peter Brandt, a long-term Cardano critic, suggests the altcoin has now bottomed out and could be on the cusp of a price surge. Cardano (ADA) has witnessed a sharp recovery from its Monday lows. After dropping to $0.8758 on Monday, Jan. 13, ADA has reclaimed the $1 level, currently trading at $1.097, as it records … Read more
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the United States. It was … Read more
Upbit faces sanctions for not meeting KYC and AML requirements in South Korea. 700,000 KYC violations found, risking a suspension of new customer sign-ups. Upbit’s unreported foreign operations are also under investigation for regulatory breaches. South Korea’s Financial Services Commission (FSC) issued a warning to Upbit about potential sanctions. These sanctions could prevent Upbit from … Read more
In an unprecedented show of market enthusiasm, WallitIQ (WLTQ) raised over $5.5 million in its presale stage 2. This swift sellout highlights the surging demand for WallitIQ’s (WLTQ) transformative financial solutions, making presale stage 2 a record-breaking success Adding to the excitement, WallitIQ (WLTQ) has recently launched the MVP (Minimum Viable Product) build of its … Read more
Tornadobet is hosting a promotion called the exciting Treasure Island Madness by Pragmatic Play. If you’re into big rewards, this event at Tornadobet, a gambling site known for its promotions and wide casino offerings, is the perfect way to dive into a captivating experience. Here’s everything you need to know to make the most of … Read more
The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt … Read more
Jio Platforms, a subsidiary of Reliance Industries and one of India’s leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols. This collaboration marks a milestone in Jio’s venture into Web3 and blockchain technology. Jio aims to integrate these technologies into its existing services. Jio Enters … Read more
Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they even on the Bitcoin blockchain. It’s disappointing that, in 2025, companies are still willingly omitting key details to mislead Bitcoin holders into giving up custody … Read more