Category: Stablecoins
Tether Market Cap Hits New All-time High, Company To Mine Bitcoin in Uraguay
Tether (USDT) has been the most popular cryptocurrency on earth, judging from its market cap. It seems that popularity is on the rise, as the…
Luna, Not A Security, A Court In South Korea Rules
A South Korean court has declared that LUNA, the native token of the Terra blockchain, is not a security, which is a significant decision for…
Latin America’s Largest Investment Bank Launches a Stablecoin on Polygon
Bazil-based BTG Pactual, considered the largest investment bank in Latin America, announced on Wednesday the launch of its stablecoin. In a statement, the company informed…
Kokomo Finance Developers Utilize Wrapped Bitcoins to Execute a $4 Million “Exit Scam”
On March 26, the Indiana-based non-custodial lender Kokomo finance reported an “exit scam” that exposed the investors to over $4 million loss. The Kokomo team…
Tether Predicts $700 Million Profit in Q1 Amid Ongoing Regulatory Controversy
On March 24, the leading issuer of stablecoin Tether owned a $1.6 billion reserve to support the performance of USDT. During the first quarter of…
2023 US Economic Report Undermines Digital Assets, Says Crypto Offers No Value
In a new move that may likely have an impact, the White House is reportedly making a case against cryptocurrency in its released 2023 Economic…
