USDT on TON chain surpasses $1 billion: Token Terminal
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).
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Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. 163 Total views 1 Total shares Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents.

US Needs ‘More Nuanced’ Cryptocurrency Regulations: Academic Paper
United States’ cryptocurrency regulations are creating a problematic image for the country as an innovator and it needs a “more nuanced approach.” Two university professors have made this claim in an article Friday, Dec. 7, referring to a paper originally published Nov. 16.Discussing the current regulatory setup governing cryptocurrency, Carol Goforth of Oxford University and…

Asia’s MicroStrategy: Meitu drops another $50M on ETH and BTC
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million. 354 Total views 6 Total shares Chinese tech company Meitu has announced the investment of a further $50 million into Ether and Bitcoin, taking its net spend on crypto up to roughly $90 million…

Unwrapping the Ocean Plastic Conundrum Via Blockchain
In September, Cointelegraph reported on a Dutch company said to have created the world’s first collection of recycled fabrics made from ocean plastics and whose provenance can be traced via blockchain.The premise is that socially minded consumers want assurance that they are really wearing recycled materials fished out from oceans and coastal areas. The firm, Waste2Wear,…

OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system. 2028 Total views 2 Total shares Increasing numbers of offshore cryptocurrency exchanges are embracing Brazil’s instant payments infrastructure, PIX.On May 28, OKEx announced a strategic partnership with local payments firm CuboPay, allowing it to facilitate Tether ($USDT) purchases in exchange for Brazilian real via…

Iranian Authorities Greenlight Power Plants Mining Bitcoin
According to Iranian authorities, power plants can mine cryptocurrencies like Bitcoin, but will not be able to take advantage of subsidies. 559 Total views 3 Total shares Iran has announced that it will now allow industrial-scale power plants in the country to operate as Bitcoin miners —- provided they don’t use subsidized fuel.In a statement…

Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds
Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto funds, according to a report by Cointelegraph Brasil on June 18.The lawsuits are reportedly over issues with users being unable to withdraw funds from the BBG’s associated cryptocurrency exchange, Paraná-based NegocieCoins.As of press time, the…

Ether price struggles to maintain support as regulatory challenges and network issues weigh
The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in six days and the $548 million in leveraged futures longs liquidated between…