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Crypto News
USDC reserves will only be converted to cash and US treasuries
The USDC stablecoin's reserves will be reversed back to cash and US Treasury bills, months after its issuer expanded its investment portfolio.
Centre, the organization that issues the!-->!-->!-->…
Spain Police Raids an Illegal Cryptocurrency Farm
Spanish Police Operate an Operation to Dismantle an Illegal Cryptocurrency Mining Farm in Spain.
The Spanish National Police raided and demolished an illicit cryptocurrency farm!-->!-->!-->…
El Salvador heading to currency chaos and economic collapse
El Salvador's Bukele Is "Playing With Fire" By Ignoring the World Bank and International Monetary Fund's Warnings About Bitcoin, According to Renowned Economist Steve Hanke.
Steve Hanke,!-->!-->!-->…
Huobi Will Engage in Latin America’s Crypto-Fiat Operations
Through cooperation between Huobi Global and Settle Networks' Latamex, customers in Brazil, Argentina, and Mexico will be able to purchase cryptocurrency using money.
Huobi Global, a!-->!-->!-->…
Treasury Department intends to ‘capture DeFi’ with infrastructure bill
Compound chief counsel Jake Chervinsky said that cryptographic restrictions were included in the US infrastructure bill at the last minute in order to "catch Defi."
During a podcast on!-->!-->!-->…
VanEck and ProShares withdrew their proposals for an Ethereum ETF
Van Eck and ProShares both withdrew their applications to the Securities and Exchange Commission for approval of ether futures ETFs barely two days after submitting.
VanEck, an asset!-->!-->!-->…
Hong Kong Police Arrest 19 Crypto Scam Suspects
Hong Kong police announced the arrest of 19 alleged perpetrators of a $1.4 million cryptocurrency scam involving about 170 victims worldwide.
In connection with the investigation, the!-->!-->!-->…
Australia and Singapore conclude blockchain trial project
A nine-month blockchain experiment evaluating the cost and timeliness of the two countries' digital verification systems has been declared a success.
The Australian Border Force (ABF),!-->!-->!-->…
Binance Now Requires KYC Verification for All Services
Binance, the world's largest cryptocurrency exchange by trading volume, has implemented a required KYC verification process for all users. The recent announcement appears to be part of the!-->…
Galaxy Digital and Bloomberg Launched a New Defi Index
Bloomberg has partnered with financial services business Galaxy Digital to establish the Bloomberg Galaxy Defi Index.
Galaxy Digital, led by Mike Novogratz, partnered with financial news!-->!-->!-->…