Tether’s (USDT) $8.5 Billion Commerical Paper Holdings Validated By BDO Audit
Summary: USDT stablecoin issuer Tether released the latest report on its reserves.The report was independently audited by BDO, a major...
Ethereum News
Canadian Regulator Limits Crypto Exposure for Banks and Insurers
Canada’s OSFI has created interim rules limiting banks’ exposure to cryptocurrencies.The rules will come into effect in the second quarter...
Hodlnaut Lays Off 80% Of Its Staff To Reduce The Firm’s Expenditure
Crypto lender platform Hodlnaut has laid off 80% of its staff In a blog post published Friday, the firm added how...
BitMex Founder Arthur Hayes Says He Is “Max Bidding” Ethereum Pre Merge
Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a...
Huobi Exchange’s HUSD Stablecoin Loses Its Peg To The US Dollar
Stable Universal’s HUSD stablecoin has lost its peg to the US dollar The stablecoin was earlier launched in 2018, in collaboration...
CME Unveils Ether Futures Options Launch On September 12 Before Ethereum’s PoS Merge
Summary: Major derivatives marketplace CME Group announced an addition to its crypto offerings on Thursday.The firm plans to launch options...
16 Crypto Exchanges Identified By South Korean Regulators For Illegal Operations
Summary: The Korea Financial Intelligence Unit announced a crackdown on illegal virtual asset service providers.Authorities named 16 crypto exchanges in...
Solana-Based Phantom Wallet Introduces the “Burn NFTs” Mechanism To Help Users Remove Spam NFTs
The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTsThe initiative has been launched...
What is Dogechain? The Reason Behind DogeCoin’s Massive Rally
TL;DR The leading meme coin, $Doge, is expanding its utility with the launch of the blockchain platform Dogechain.Dogecoin holders can...
Canadian Pension Fund CDPQ Writes Off $200 Million Worth Of CAD Investment To Celsius Network
Canadian investment management firm CDPQ has written off its $200 million investment to Celsius networkThe firm had earlier invested its...
The Ethereum Foundation Clarifies 8 Misconceptions Ahead Of The Merge
Summary: The Ethereum Foundation released an update to debunk misinformation regarding the Merge.ETH’s switch from Proof-of-Work to Proof-of-Stake is scheduled...
Genesis CEO Michael Moro Steps Down Amid 20% Staff Cuts And 3AC Losses
Summary: Michael Moro has left his role as the CEO of beleaguered crypto broker Genesis.Moro’s exit was announced alongside a...
Coinbase to Halt Ethereum ERC-20 Deposits & Withdrawals During The Merge
Coinbase product manager Armin Rezaiean-Asel announced in a blog post that the exchange will halt ETH and ERC-20 deposits and...
Crypto.Com Emerges As The 37th Firm To Bag A Crypto License From The U.K. FCA
Summary: Britain’s top financial regulator has approved Crypto.com as a registered crypto business.The FCA’s regulatory green light allows the crypto...
Huobi To Cease Its Crypto Derivatives Trading In New Zealand
Crypto exchange Huobi is shutting its crypto derivatives trading in New ZealandHuobi has cited adherence to local compliance policies as...
