Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

Kenyan police raided Worldcoin's Nairobi warehouse and confiscated documents and machines on Saturday, local news organizations reported Monday."The officers backed by multi-agency officials went to the offices along Mombasa Road armed with a search warrant and broke in Saturday before leaving with machines they believe stores data gathered by the firm," media outlet Kahawatungu reported.The…

Dec 29, 2020 at 9:26 p.m. UTCMarket Wrap: Bitcoin Down to $26K but Traders Remain BullishFew seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional investors will…

A landmark judgment about whether the Ripple-linked XRP token is a security is unlikely to impact plans for the wind-up of bankrupt crypto lender Celsius, the bankrupt crypto lender’s counsel told a New York court on Tuesday.Last week a court ruled XRP constituted a security when offered to institutional buyers like hedge funds – something…

Jun 11, 2020 at 16:18 UTCUpdated Jun 11, 2020 at 16:19 UTCInside Vanguard's HQ in Valley Forge, Pa. (Credit: Vanguard)Mutual fund giant Vanguard has completed the first phase of a blockchain pilot to issue digital asset-backed securities (ABS).   The Valley Forge, Pa.-based investment manager worked in close collaboration with blockchain startup Symbiont, an unnamed U.S.…

news Tassat Derivatives has successfully acquired a swap execution facility (SEF) registration after securing regulator sign-off. The U.S. Commodity Futures Trading Commission (CFTC) announced Thursday that it had approved the transfer of a SEF registration from trueEX LLC to Tassat on Nov. 6, nearly four months after the two companies reached an “agreement in principle.”…

HOPR's founding team: Robert Kiel, Sebastian Bürgel, Rik Krieger. (HOPR)Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPRBinance Labs, the incubation and seed funding arm of the world’s largest crypto exchange, has made its first investment this year, backing decentralized privacy startup HOPR. Announced Thursday, Binance Labs led a $1 million seed round…

Jun 15, 2020 at 19:00 UTCUpdated Jun 15, 2020 at 19:20 UTCCredit: Volodymyr Maksymchuk / ShutterstockSorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for BitcoinA Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case. For more episodes and free early access before our…

Coinbase introduced cbBTC, which brings bitcoin to the Solana blockchain. Bitcoin helps power trading, lending and borrowing on centralized crypto exchanges, but this crucial functionality requires extra effort in DeFi. Some hope Coinbase's move will spur more DeFi activity on Solana. 02:41 Bitcoin's New All-Time High; U.S. BTC Reserve Hopes Fly 16:22 Bitcoin to Reach

eNor Securities, an exchange based in El Salvador, will offer Backed’s bTokens on its platform to retail investors in Latin America. Backed has already launched ERC-20 compatible token versions of ETFs and individual stocks, such as Coinbase (COIN) and Tesla (TSLA). Tokenized asset issuer Backed has partnered with Latin American exchange eNor Securities to offer