USDC issuer Circle launches onchain compliance platform
It’s an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.
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US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues of agency turf wars and regulator fitness in hearings on regulatory gaps. 86 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe United States House of Representatives was abuzz with talk about crypto on April 27, as both the Financial Services Committee…
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Metropolitan Commercial Bank Requests That Tether Close Its Accounts
New York-based Metropolitan Commercial Bank has requested that stablecoin issuer Tether close its accounts with the bank, technology-focused news outlet Coindesk reported on July 10.Tether and its affiliated companies have reportedly had accounts with Metropolitan Commercial Bank for almost half a year, and now the financial institution has reportedly requested that Tether close its three…
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SkyBridge raises $100M for Algorand fund and files for crypto company ETF
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. 2914 Total views 86 Total shares Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC,…
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US Commodities Regulator CFTC Issues Smart Contracts Primer, Outlines Benefits and Risks
The U.S. Commodity Futures Trading Commission (CFTC)’s fintech innovation hub LabCFTC has issued a Primer on Smart Contracts, according to an official announcement Nov. 27.The primer is LabCFTC’s second fintech-educational publication, the first being its October 2017 primer on virtual currencies. As outlined by the lab’s director Daniel Gorfine, the new primer engages with blockchain-enabled…
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Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
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Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful. 122 Total views 3 Total shares The Crypto Fear and Greed Index — a tool that measures broader market sentiment towards Bitcoin and the broader crypto market — has dipped to a level of “fear” not…
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Decentraland X account hacked, phishing scam targets MANA airdrop
PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction.
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Celo Network Reveals Over 20 New Alliance Members
Celo, a stablecoin payments network, has announced the addition of more than 20 new members to its "Alliance for Prosperity" ahead Celos’s mainet launch — which is currently expected for mid-May.The new alliance members have begun working to deliver mobile-friendly decentralized applications (DApps) built on top of Celo.The alliance's total membership has now tagged 75…