Tether Posts $5.2 Billion Profit in First Half of 2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of…
FINMA Warns Stablecoins Threaten Swiss Financial Reputation
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance…
Circle Developers Build Wallet Platform That Supports Email and Social-Based Logins
The team behind the second-largest stablecoin by market cap is building a crypto wallet platform…
South African Startup Neonomad to Launch Rand-Backed Stablecoin
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to…
Stalled USDT Liquidity Threatens Bitcoin Price Further Growth
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content…
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw…
Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have…
Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding
On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed…
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic…
