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Browsing Category
Crypto
USDC Stablecoin Issuer Circle Examines ‘Reversible’ Blockchain Transactions
Circle, the world’s second-largest stablecoin issuer, is reportedly examining reversible transactions to help recover funds from fraud and hacks, which appears to counter one of…
UniCredit, ING Among 9 Banks Launching Euro Stablecoin
A group of major European banks have joined forces to launch a euro-pegged stablecoin in compliance with Europe’s Markets in Crypto-Assets (MiCA) framework.Dutch lender ING and…
Fitell Becomes Australia’s First Solana Treasury Firm With $10M Buy
Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana (SOL) for around $10 million.The Nasdaq-listed company closed…
Naver to Acquire Upbit Operator Dunamu in Stock Swap Deal
Naver Financial, the fintech arm of South Korean tech conglomerate Naver, is reportedly forging ahead with a plan to acquire Dunamu, which operates the country’s largest crypto…
Ethereum Exchange Balances Drop To Nine-Year Low Amid Corporate Buying
The amount of Ethereum held on centralized crypto exchanges has fallen to its lowest level since 2016 amid an increase in institutional accumulation.The amount of Ether (ETH) on…
Crypto Companies Using Buybacks to Boost Stock and Trust
Crypto treasury companies are starting to see share price gains off the back of stock buyback programs, which analysts say could be a sign that the companies are now battling for…
Circle and Crossmint Expand Stablecoin Rails for Humans and AI
Stablecoin company Circle’s venture capital arm has partnered with crypto infrastructure firm Crossmint to expand the USDC stablecoin across more blockchain rails as part of its…
Bitcoin Price Rebounds But Altcoins, BTC Need $117K First
Key points:Bitcoin made a strong comeback on Wednesday, but the buyers are expected to face heavy selling near $117,500.Several major altcoins are likely to face selling on…
Australia Drafts Law to License All Crypto Exchanges
Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges.Assistant Treasurer…
Senate Finance Committee to Discuss Crypto Tax Next Week
The US Senate Finance Committee is set to hold a hearing next week to discuss how digital assets should be taxed — seemingly in line with the White House’s crypto report released…