Cryptocurrency News

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments – Altcoins Bitcoin News

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments – Altcoins Bitcoin News

[ad_1] While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three

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As EOS Struggles, Metacade and ApeCoin’s Price Predictions Look Promising

As EOS Struggles, Metacade and ApeCoin’s Price Predictions Look Promising

[ad_1] What do the most expensive NFT collections and the most promising GameFi platforms have in common? They’re ready to explode. EOS, unfortunately, is not. EOS has suffered greatly in recent years, and experts are predicting that it will continue to struggle to keep up with Metacade and ApeCoin price predictions due to increasing numbers

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CBUAE Plans to Launch Central Bank Digital Currency

CBUAE Plans to Launch Central Bank Digital Currency

[ad_1] As part of the first phase of its recently initiated financial infrastructure transformation (FIT) initiative, the Central Bank of the United Arab Emirates (CBUAE) has plans to introduce a central bank digital currency (CBDC) that will be valid for both international and local transactions. The Central Bank of the United Arab Emirates (CBUAE) has

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BNB price declines 10% amid negative news around BUSD

BNB price declines 10% amid negative news around BUSD

[ad_1] Binance Coin price fell amid news around Paxos and its stablecoin BUSD BNB traded to lows of $284, extending intraday declines from highs of $321 as uncertainty engulfed the stablecoin. Paxos, which issues and handles BUSD redemptions, announced it had halted its relationship with Binance. BNB, the native coin of the Binance exchange, has

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Former Coinbase Employee Pleads Guilty to Insider Trading

Former Coinbase Employee Pleads Guilty to Insider Trading

[ad_1] Key Takeaways Former Coinbase product manager Ishan Wahi pleaded guilty to the insider trading charges laid against him. Wahi admitted to taking advantage of Coinbase’s crypto listing process for monetary gains. He faces up to 40 years in prison. Share this article Ishan Wahi, Coinbase’s former product manager, pleaded guilty to wire fraud charges

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Stablecoin Issuer Paxos Faces NYDFS Probe

Stablecoin Issuer Paxos Faces NYDFS Probe

[ad_1] Paxos Trust Co., the issuer of Binance’s stablecoin, is facing an investigation by the New York State Department of Financial Services (NYDFS), one of the most stringent state regulators in the United States, Bloomberg reported. There is no official confirmation on the investigation either from the regulator or the stablecoin issuer. The extent of

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Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning – Exchanges Bitcoin News

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning – Exchanges Bitcoin News

[ad_1] Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere

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