Crypto liquidations may be way worse than data has let on, suggest researchers

Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin. 563 Total views 25 Total shares Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership…

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers. 585 Total views 31 Total shares South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss only 36 during its next meeting in December. The numbers were published on

Michael Moro, the CEO of cryptocurrency trading companies Genesis Trading and Genesis Capital Trading, said that the Bitcoin (BTC) price could bottom at $3,000 in an interview with CNBC Nov. 23.Speaking on CNBC’s “Squawk Box,” Moro suggested that the leading cryptocurrency will lose another 30 percent before bottoming at $3,000. Moro said, “You really won’t…

Tencent builds a LLM with over 2 trillion training parameters, $83 million crypto scam busted in South Korea, China cracks down on crypto KOLs, and more... by Zhiyuan Sun 5 min September 8, 2023 Share Tweet Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. $500B firm partners

Theta Labs has announced that its blockchain video infrastructure protocol Theta Network will soon be incorporated into decentralized streaming platform DLive.According to a press release shared with Cointelegraph on Oct. 10, Theta’s partnership with DLive will enable peer-to-peer video relaying of all video content and token rewards for the latter’s users.Employing the biggest name in…

The producer of the S&P 500 assessed eight stablecoins. Tether received the second-lowest rating. S&P Global has launched a stablecoin stability assessment. In its initial ratings of the eight stablecoins, none were given the top mark, but two received the lowest, based on their ability to maintain their fiat pegs.According to a statement, to establish

The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger became more popular than Bitcoin itself. Even the harshest cryptocurrency critics — like the government of China and JPMorgan Chase’s…

The road to the adoption of blockchain and crypto in the marketing industry is a long and winding road. But make no mistake about it: Transformation is well on its way and the road will soon turn to a highway.As someone who has been a creative director, agency owner/partner, strategic planner, chief marketing officer for…

The summer of regulatory action has now become a global phenomenon. Lawmakers and politicians are waving their fingers and making threats toward the industry’s leading virtual asset service providers — a term coined by the FATF to describe exchanges, wallets, custodians and even DeFi platforms. But when it comes to crackdowns on cryptocurrency, few places do…