Paxos launches USD-backed USDG stablecoin with DBS Bank

Hackers infected the largest private hospital in Europe with ransomware. Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware.Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were infected…

The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities. 51 Total views 2 Total shares KuCoin Ventures, the venture arm of Seychelles-registered crypto exchange KuCoin, will provide grants to The Open Network (TON) blockchain platform, including an initial $20,000, to support the growth and expansion of the TON ecosystem.According

The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.

The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. 439 Total views 21 Total shares Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi's remaining assets for $25 million, according to CNBC.According to sources close to the matter, BlockFi's equity investors were wiped out and are…

Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8. 175 Total views 1 Total shares The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital

California-based financial firm SoFi has added zero-fee cryptocurrency trading to its platform SoFi Invest.According to an official announcement on Sept. 25, crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.SoFi Invest now offers clients to buy three major cryptocurrencies such as Bitcoin (BTC), Ether (ETH) and Litecoin…

Nigeria’s Securities and Exchange Commission says it is committed to creating a clear-cut regulatory framework for cryptos in the country. 1845 Total views 8 Total shares Having recently suspended its planned crypto regulations in the wake of the central bank ban, Nigeria’s Securities and Exchange Commission has clarified its position on cryptocurrencies in the country.According…

Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate. 2510 Total views 11 Total shares Facebook-backed digital currency project, the Diem Association, has partnered with cryptocurrency-friendly bank Silvergate to launch a stablecoin pegged to the United States dollar.Diem announced Wednesday a new…

Major global crypto exchange Binance has listed trading pairs for USDSB, a Binance Chain-based version of StableUSD (USDS), the firm announced on June 24.As noted in the statement, Binance has launched trading for two trading pairs, including USDSB against major stablecoin tether (USDT), as well as the USDSB-to-USDS trading pair today at 10:00 AM UTC.Derived…