In 2022 stablecoins have eclipsed both Mastercard and PayPal in transaction volume, reaching an impressive sum of nearly $6.87 trillion last year. Despite their critical role in the crypto economy, however, the United States is falling behind in stablecoin policy and global competitiveness. … Read More: Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S.…
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Cathie Wood-led Ark Invest offloaded 42,613 shares of US-based crypto exchange Coinbase through ARK Next Generation Internet ETF and ARK Fintech Innovation ETF as the price of Bitcoin closed in on $35,000 on Monday. Coinbase’s shares that Ark Invest sold were valued at around $3.3 million with the closing price of $77.21 on Monday evening. …
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A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC. Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank (CCB). The CCB is a state-owned financial institution that comprises one…
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Having just pushed back to the north of the $31,000 level, Bitcoin is eyeing a retest of yearly highs in the $31,800s as FOMO (fear of missing out) starts to creep in amid still-building optimism about upcoming spot Bitcoin ETF application approvals…. Read More: Biggest Crypto Gainers Today on DEXTools – LONG, OGGY, RW Read…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ AscendEXListings:Illuminati (ILUM) BitForexListings: Zeebu (ZBU)Constellation (DAG)Lattice (LTX)… Read More: Crypto Exchange Listing and Delisting…
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The Worldcoin Foundation has announced a major change in the reward system for the Orb device operators: they are now paid in WLD tokens instead of the popular stablecoin USD Coin (USDC). Ecosystem contributors, known as the Worldcoin Operators, have been paid in USDC during what has been a post-launch “transitional phase”. As this phase…
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Bitcoin (BTC) ATM scams are becoming increasingly prevalent, resulting in unsuspecting users losing substantial sums of money. In a recent such incident, Jim Meduri of San Jose received a phone call from an individual posing as his son, who claimed that he had been involved in a car accident, as reported by The Los Angeles Times…. Read More: Bitcoin…
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Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network’s development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem. In a discussion on the Linux Foundation’s public mailing list, Riard expressed concerns about a new class of replacement cycling attacks, which have put the Lightning Network in a…
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Coinbase Chief Legal Officer Paul Grewal believes that the U.S. Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin (BTC) exchange-traded fund (ETF). In a recent interview with CNBC, Grewal expressed optimism regarding the approval of ETF applications. “I’m quite hopeful that these [ETF] applications will be granted, if only because they should be granted under the law.” … Read More:…
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HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the token’s supply. At the time of writing, HayCoin is trading at $2,538,123, up by more than 273% over the past day, according to data from CoinGecko. Adams revealed his decision in a Friday…
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