In order to win the favor of regulatory authorities, Tether froze 29.62 million USDT from Cambodian fraud group Huione Group
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Circle’s U.S. dollar stablecoin (USDC) and euro stablecoin (EURC) are now compliant with the European Union’s new stablecoin regulation MiCA. The company has officially started issuing these stablecoins to its European customers starting July 1.
Cryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Cyvers detected a coordinated attack on Sonne Finance and BlockTower Capital, resulting in substantial losses. Sonne's Optimism Market was suspended after a theft of $20 million, while BlockTower suffered partial fund drainage. The incident highlights the ongoing threat to DeFi security.
Besides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
Following convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.
Despite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
Binance discontinues TRC-20 USDC support, prompting users to convert holdings. Circle and Tron remain silent on the matter. USDT surpasses $100B market cap amid concerns over asset backing and regulatory scrutiny.
Explore the groundbreaking partnership between Mastercard and MoonPay, redefining customer loyalty and engagement in the Web3 era. Discover how this alliance integrates traditional financial infrastructure with blockchain technology, setting new standards in the digital economy.
Mastercard and MoonPay are looking at ways to make online payments even smoother. They teamed up to pioneer Web3 technologies in experiential marketing & consumer engagement.
The startup is now pushing into the consumer market with the launch of a crypto app that has been in testing since March.
While at least 40 staffers have left the crypto payments startup in the past six months, MoonPay insists it “continues to smart scale the team.
The partnership will allow Nigerians to purchase crypto tokens directly from their MetaMask wallets.
Ivan Soto-Wright, the co-founder and CEO of MoonPay said the partnership enhances the tail-end of a user's journey by replacing complex characters with NFT domains.
Crypto Startup, MoonPay has decided to launch its NFT platform in partnership with Universal Pictures, Fox Corporation and other brands ...
Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are MoonPay's strategic investors, bringing the company's valuation to $3.4 billion.
Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay's strategic investors who have brought the company's valuation to $3.4 billion.