Tether, the world's largest stablecoin (USDT) issuer, has announced its decision to gradually stop lending funds from its reserves in order to reestablish trust in the cryptocurrency market. In a post on December 13, Tether addressed the current media...
Apple is set to allow third-party app stores on its devices to comply with new anti-monopoly standards from the European Union (EU). This is a significant gain for crypto and NFT app developers. According to reports, the new regulations...
Layer 1 blockchain platform Algorand has been selected as the public blockchain to provide an innovative digital guarantee platform to be employed in Italy's banking and insurance sectors. Just in: Algorand has been selected to be the public blockchain...
The Commodity Futures Trading Commission (CFTC) has once again confirmed that digital assets such as $BTC, $ETH, and $USDT are commodities as defined under Section 1a(9) of the Act, 7 U.S.C. This occurred yesterday during Sam Bankman-Fried's court appearance...
Binance, the world's largest cryptocurrency exchange, experienced massive withdrawals on Tuesday, December 13, 2022. According to data from CryptoQuant, a total of 40,353 BTC and 278,017 ETH were withdrawn from the exchange. The US Department of Justice announced on...
Changpeng Zhao (CZ), CEO of Binance Holdings Ltd., tried to address fears about the state of the company's finances in a memo to his staff. He warned his team to brace themselves for a string of challenging months. He...
Binance Holdings Ltd., the world's largest cryptocurrency exchange, has seen an increase in asset withdrawals as traders seek to retain control of their tokens following rumors that rival FTX may have stolen customer funds before shutting down in November. ...
It's no secret that the crypto industry is rapidly expanding. Despite the ongoing bear market that has lasted for a major part of the year, there has been an increase in the number of people interested in investing in...
Goracle has announced the launch of its price oracle beacon chain on Algorand. The launch is slated for December 2022. Goracle has been working on the product for a year and is now prepared to make it available to...
The Bahamas government officials worked closely with Sam Bankman-Fried before he was barred from FTX systems. FTX's attorneys claim the Bahamas authorities tasked SBF with creating new digital tokens worth hundreds of millions of dollars and delivering them to...
