Circle’s USD Coin Redemption Outpacing Purchases Despite Recovery
Stablecoin issuer Circle is experiencing a significant redemption of its USD Coin (USDC). Customers redeemed $738.6 million on March 20, while the firm issued less...
Tag : cryptocurrency
Microsoft’s Edge Browser to Integrate Native Cryptocurrency Wallet
Microsoft is reportedly working on integrating a native cryptocurrency wallet in its Edge web browser, according to Twitter user Albacore. The wallet is described as...
SOL Network Stumbles Again: What’s Causing the Outages?
Solana’s blockchain network has gained massive popularity due to its efficiency, stability, and low transaction fees, making it a go-to platform for Cryptocurrency transactions. However,...
Despite Exceeding Revenue Expectations, Coinbase Gave up $2.6 Billion Last Year
Coinbase stunned investors on Tuesday, with their fourth-quarter earnings coming in ahead of expectations at $605 million. Despite this promising result, the crypto exchange’s year-over-year...
California Regulator Unveils Crypto Scam Tracker: An Spontaneous Guide to Assessing Fraud Risk
Crypto scams have become a global threat, with scammers luring crypto enthusiasts into their fraudulent projects via highly lucrative advertisements and social media posts. Despite...
Hong Kong is Making a Bold Move by Legalizing Cryptocurrencies Trade
Hong Kong is quickly cementing its reputation as a regional powerhouse in the cryptocurrency arena. Set to become an Asian crypto hub, it’s taking bold...
SEC takes Legal Action against Paxos over Binance Stablecoin
The Securities and Exchange Commission (SEC) is reportedly planning to file a lawsuit against Paxos Trust Company, a New York-based crypto asset trust firm, over...
South Korea Takes Tough Stance on Crypto Regulation
The South Korean Ministry of Justice has placed the establishment of a Virtual Currency Tracking System high on its priority list for 2023. This system...
Bitcoin Drops for the Second Consecutive Day in 2023
After a significant drop in 2022, the biggest cryptocurrency in the world, Bitcoin, enjoyed an incredible start to 2023. With 15 straight days of gains,...
Now Experience Cryptocurrency Safely with New York’s Friendly Guidance on Custodial Structures!
The New York Department of Financial Services (DFS) issued non-binding yet persuasive guidance on January 23, 2023, to safeguard virtual currency customers in the event...