Tether Predicts $700 Million Q1 Profit, CTO Reveals
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Paolo Ardoino, the CTO of Tether Holdings Ltd., the largest stablecoin issuer said the company expects to generate a profit of around $700 million in the current quarter, which is…
Terraform Labs Co-Founder Do Kwon Charged With Fraud After Arrest
US prosecutors in New York have charged Do Kwon, the co-founder of Terraform Labs, with fraud following his arrest in Montenegro. Kwon, who presided over a $40 billion cryptocurrency collapse last…
Australian Crypto Exchange Considers Hong Kong Expansion
Independent Reserve, an Australian cryptocurrency exchange, is exploring opportunities in Hong Kong as the city undergoes a regulatory overhaul to establish itself as a hub for digital asset businesses. The…
Taiwan Taps Financial Watchdog as Primary Regulator for Crypto
Taiwan is set to establish the Financial Supervisory Commission (FSC) as the primary regulator overseeing the crypto industry as part of its efforts to tighten control after the market turmoil triggered…
Microsoft’s Edge Browser To Integrate Native Crypto Wallet Support
According to a tweet by user Albacore, Microsoft is testing a built-in crypto wallet in its Edge browser. This move aims to offer users exclusive control and integrated security features that…
Fidelity Contemplates Supporting Crypto Transfers
Fidelity Investments, a major player in the financial world, has suggested that it may enable cryptocurrency transfers in the future. In a response to a tweet from user @MiningHope, Fidelity stated that its current…
Tokenized Diamond Market Booms Amid Crypto Banking Crisis as Investors Seek Hard Assets – Here’s What You Need to Know
Amidst the chaos of last weekend's banking collapses and a major stablecoin depegging, investors found solace in a surprising asset class: tokenized diamonds. As market volatility peaked, reports from CoinDesk show that sales in…
Bitcoin Outperforms Stocks and Gold With 50% Rise This Year
Despite the recent collapse of major crypto-focused banks, Bitcoin has experienced a 50% surge in price this year, surpassing major stock indices and commodities. This year, Bitcoin began trading at just over $16,500…
Bitcoin, Ether Tumbles Following Silvergate Bank’s Liquidation News
Cryptocurrency prices experienced a decline following the announcement of Silvergate’s decision to shut down. Bitcoin decreased by 8.50% to $19,549 on Friday, while Ether lost around the same amount, last trading at…
Ripple Faces Tough Competition From Swift’s CBDC Cross-Border Testing
Swift, the global financial messaging giant, has announced progress in its testing of a CBDC interoperability solution. The company has been collaborating with the financial community to develop a solution enabling CBDCs…
