Tether, Tron and TRM Labs jointly froze $126M USDT in 2024

Yuga Labs accelerates Otherside plaNonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.Yuga tweeted the news on July 31 saying the impending acquisition was to “execute our expansive vision” for Otherside.An accompanying release said Roar Studios' founder and chief Eric Reid…

Within 24 hours of Cardano’s testnet going live, Cardano (ADA) holders have staked more than 5 billion ADA coins, worth around $195 million.On Dec. 15, IOHK took to Twitter to report that more than 240 staking pools have gone online since Shelley went live, with about 120 staking pools during the first day of operation…

It has been almost a year since the Republic of the Marshall Islands (RMI) unveiled the development of its national digital currency dubbed Sovereign (SOV). The cryptocurrency is set to tackle some issues the RMI struggles with, including high costs of remittances. A crypto legal tender could purportedly create a situation where the solution to…

Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter.The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over…

The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility. 257 Total views 10 Total shares The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the…

Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector.Speaking at the Africa Blockchain Summit in Morocco’s capital of Rabat, the country’s central bank governor Abdellatif Jouahri said that Morocco will deploy financial technology to enhance access to financial services, Morocco World News reported on…

Scallop will help create awareness and drive the adoption of the PCI Security Standards. 213 Total views 4 Total shares A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide.Scallop, a regulated DeFi banking…

Recently, Blockchain protocol EOS became subject of a new scandal: its governance model was questioned, as evidence showing a moderator reversing transactions which had already been confirmed surfaced on Reddit.Crypto community was triggered once again, but perhaps it is time to face it: EOS is not really decentralized. At least it is isn’t what EOS…