Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express

The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more. 256 Total views 5 Total shares The Solana (SOL) whale that was subjected to the potential takeover by a recent Solend governance vote has gotten in touch with the lending protocol and moved $25 million worth…

Ant Financial — the Chinese fintech company formerly known as Alipay— has launched a new consortium blockchain platform called OpenChain.According to an announcement on April 16, the platform would allow developers and small and micro enterprises to utilize innovative blockchain tools. They can now explore the technology further and develop better applications and smart contracts…

Bitcoin (BTC) fell below $30,000 after the June 30 Wall Street open as markets panicked over the fate of its first spot exchange-traded funds (ETFs).BTC/USD 1-hour chart. Source: TradingViewBureaucratic error may explain Bitcoin ETF filing hiccupData from Cointelegraph Markets Pro and TradingView showed BTC price action hurtling downward, briefly reaching $29,500.The volatility accompanied a report that…

Liquity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round. 1540 Total views 9 Total shares DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency…

White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week. 1955 Total views 7 Total shares Officials within the Biden administration are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the…

Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients, the firm announced on March 8.In a tweet, the firm wrote:“We are live with a select group of eligible clients and will continue rolling out slowly. Our solutions are focused on the…

Computer analysts at cybersecurity firm Zscaler ThreatLabZ have found a new type of trojan that targets cryptocurrency users.In a blog post published on Aug. 8, the company reveals that it identified a new remote-access trojan (RAT) that is able to capture administrative control of the targeted computer, retrieve browser history and look for activities involving…

Tech giant IBM and blockchain company Chainyard have jointly developed a new blockchain network for supply chain management. IBM announced the platform in a press release shared with Cointelegraph on Aug. 5.Alongside IBM, the Trust Your Supplier network’s founding members are also American brewing company Anheuser-Busch InBev, tech companies Cisco, Lenovo, Nokia, Schneider Electric, British…