Tether crypto exchanges balance hits record high as Treasury prints $1B USDT

BSP Governor Benjamin E. Diokno says that the goal of the project is to enhance “the payment system’s safety, resiliency, and efficiency.” 70 Total views 1 Total shares As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central…

Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader

Bulls pushed Bitcoin price to $18,000 but analysts still expect a ‘shallow’ correction before a new all-time high. 3526 Total views 23 Total shares Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years.On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed…

The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline.

Security tokenization experts told Cointelegraph how they view the future of this new asset class and the technology behind it. 1267 Total views 32 Total shares As security tokenization efforts gain traction in digital finance, experts in the space told Cointelegraph how they view the future of this new asset class and the technology behind…

Simplex is a fiat-to-crypto onramp that has scored several high-profile partnerships in recent months. 3241 Total views 19 Total shares Canadian payments giant Nuvei is reportedly in talks to acquire Simplex, an Israeli cryptocurrency startup, for up to $250 million – sending a strong signal that the electronic payments processing industry was pivoting towards digital…

Nonbank fintechs may be left unable to contribute to the United States government’s relief plan for small businesses hit by the COVID-19 crisis.On April 3, the U.S. Small Business Administration (SBA) launched a Paycheck Protection Program (PPP) as part of the federal government’s $2 trillion coronavirus relief package. The PPP aims to support small businesses…

21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors.

The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000.In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform.Ethereum traders see 40 BTC refundedComing at a time of intense volatility across…