Stablecoin
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Ethereum Co-Founder Vitalik Buterin Sells All his MakerDAO Holdings
MakerDAO is a decentralized stablecoin generating entity. The CEO of MakerDAO has announced an initiation to the Solana blockchain network.…
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Binance Stops Support for BUSD to Favor More Conversions in FDUSD
Binance has made some visible changes in its underlying stablecoin program. The firm has decided to reduce support for BUSD…
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Binance Plans To Increase Listed Asset Offerings On Its Japan Platform
Despite facing regulatory challenges in the United States and some parts of Europe, the world’s largest crypto exchange looks forward…
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1Inch Investment Fund Acquires $10M Worth Of ETH
The 1inch Investment Fund is an asset manager affiliated with the 1inch Network, a popular decentralized exchange (DEX) aggregating protocol,…
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Bloomberg Report: Stablecoin Transaction Exceeds PayPal’s Milestone By $6.8 Trillion
Bloomberg data has demonstrated the stablecoin market’s explosive growth. In their latest report, Bloomberg claims that stablecoins have not only…
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Tether CTO Conceals Location of Bitcoin Mining Site
On August 24, the chief technology officer at Tether, Paolo Ardoino, shared on his X account an image with large…
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Spanish Central Bank Executive Reviews Viability of Private Payment Amid Digital Euro
The Deputy Governor of Banco de España, Margarita Delgado, delved into the financial stability issues concerning the rosy display of…
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Crypto Exchange Coinbase Buys Stake in Circle’s USDC
Coinbase Global has introduced new changes in the USDC management systems. The listed company has invested in equity stakes in…
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FedNow: The U.S. Federal Reserve’s Instant Payment System
The Federal Reserve, the central bank of the United States, unveiled FedNow. This cutting-edge payment system, which operates in real-time…
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PayPal UK Suspends Bitcoin Purchase Temporarily Until 2024
The American financial tech multinational announced temporarily suspending crypto purchases within the United Kingdom (UK). The payment service firm indicated…
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Singapore Introduces New Regulatory Framework for Stablecoins
Regulators in Singapore are opening up to stablecoins based on the changing policies. Recently, Monetary Authority of Singapore (MAS) has…
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Sequel To Singapore’s Regulation, Digital Asset Companies, Others Explore Stablecoin
A report from the Asian cryptocurrency industry says that with the recent release of a thorough regulatory framework by the…
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Maker Protocol Revenues Realize Record $165M Revenue as Interest Rates Surge
The Maker Protocol reports that increased US treasury yields and DAI returns boosted its revenue to a two-year high. A…
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Zunami Protocol Suffers $2.1 Million Exploit Following Price Manipulation
The decentralized finance (DeFi) platform Zunami Protocol admitted a $2.1 million exploit. The announcement conveyed by the DeFi protocol on…
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Coinbase Terminates Tether’s USDT and RAI Trading in Canada
The American-based crypto exchange Coinbase announced discontinuing Tether’s USDT trading alongside DAI and RAI, alleging they failed to satisfy the…
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PayPal Strongly Believes In Its Stablecoin Success Despite Multiple Challenges
In a recent report, the giant payment settlement platform, PayPal, has shown a strong belief in the ability of its…
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