Tether stablecoin issuer and Tron launch financial crime unit

Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit.Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first…

A Pfizer executive has challenged existing theories about slow rates of blockchain adoption — telling the Consensus conference on May 14 that the technology is “basically good enough to have more production blockchains than we have today.”Ken Nessel, senior director of business technology at the pharmaceutical giant, made his comments during the second day of the…

Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia.In an announcement published on April 14, the exchange revealed that users are now able to trade cryptocurrencies peer-to-peer (P2P) for Indian Rupees (INR) and Indonesian Rupiah (IDR).Both fiat currencies will be available against Bitcoin (BTC), Ether (ETH), Tether (USDT)…

In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated switch from proof-of-work to proof-of-stake can be expected “around June 8 or so.”Interestingly, Ether's price action is relatively unchanged despite the unexpected bullish announcement. There was a +10% spike on May 30, but those gains were given back between May…

EvilQuest ransomware is launching attacks against macOS users through infected installers. 1485 Total views 20 Total shares A new ransomware is targeting macOS users who download installers for popular apps via torrent files.Known as EvilQuest, the attack was first spotted by Dinesh Devadoss, a K7 Lab malware researcher. Findings show that EvilQuest has been quite…

The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

The update shows $194 million in cash, $566 million in digital assets and $2.7 billion in off-balance sheet token reserves for other majority-owned Web3 subsidiaries. 254 Total views 5 Total shares Venture capital firm Animoca Brands released an interim financial report laying out its key unaudited financial positions as of April 30, 2023. The company…

The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. The Association for Financial Markets in Europe (ASME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed…

The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to grow business or meet operational costs can easily access it.Money markets are the platforms where borrowers and lenders…