Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles

"Huobi HTX has now properly handled this attack," the crypto exchange stated. 613 Total views 2 Total shares Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.According to its official announcement, the exchange promised to "fully compensate for the losses caused

Five more cryptocurrency exchanges have joined the Japan Virtual Currency Exchange Association (JVCEA), according to an official announcement on Jan. 4 from the JVCEA.The JVCEA is a self-regulatory body formed in April by 16 registered crypto exchanges that aims to create industry-wide investor safety standards. In October, Japan’s financial regulator formally granted self-regulatory status to…

People familiar with the matter claimed Brett Redfearn's departure was due to Coinbase shifting its priorities away from digital asset securities. 742 Total views 200 Total shares Brett Redfearn, the former director of the division of trading and markets at the United States Securities and Exchange Commission (SEC), has reportedly left his position at Coinbase…

Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory. 62 Total views 1 Total shares Taiwanese music celebrity Jeffrey Huang, also known as "Machi Big Brother," has withdrawn a defamation lawsuit against internet sleuth ZachXBT.In a bilateral announcement dated Aug. 14, Machi Big Brother said "Zach has many…

The terms of services, laid down by Ethereum's second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading. 763 Total views 33 Total shares Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its…

Dobson is the second developer to leave Bitcoin Core in the past two months. 1779 Total views 4 Total shares Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as…

The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.

Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary. 249 Total views 10 Total shares Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In…

Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12.Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat…