The stablecoin showdown

This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.

According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs. 190 Total views 4 Total shares The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned crypto wallets allegedly connected to individuals and companies involved

Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy. 187 Total views 43 Total shares Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot (DOT) and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new transformation. Dubbed Gov2, anyone would be able to…

The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision (SEC).The amicus brief and the SEC’s lack of clarityThe April 3 brief takes the SEC to task for backtracking on its…

Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewAnalysts dismiss FTX insolvency fearsData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $19,351 on Bitstamp — its lowest levels since Oct. 25.The pair, along with altcoins large and small,…

A peculiar phenomenon is occurring within the economic sector. In fact, it’s been transpiring over the past few decades. After the rise of the internet and the development of effective communications, the financial industry underwent a technical reconstruction. Those formerly disbarred due to a lack of capital found refuge in this revolution. Internet brokers and…

Bitcoin and Tesla are the talk of the town throughout the USA. All eyes are on Bitcoin (BTC), crypto's largest coin by market cap, and Tesla, a future-centric car company run by eccentric billionaire Elon Musk, thanks to a standout year for both assets.Tradable equity in Tesla, under the ticker TSLA, has captured more of…

HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. 1849 Total views 39 Total shares Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do…

Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department. 1045 Total views 2 Total shares Bitcoin (BTC) stares at potential losses heading into the third-quarter of 2023 after U.S. lawmakers will likely reach an agreement on raising the debt ceiling.A $1…