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Read More »Trio of Japanese Banks Look to Embark on Stablecoin Experiment
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Read More »FBI Report Shows Colorado Residents Getting Duped By Crypto Scams
Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...
Read More »These 3 Crypto Assets Account for 85% of $70M Crypto Donations to Ukraine: Report
It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war, Chainalysis came up with a report tracking crypto donations to both Russia and Ukraine. The report says Ukraine received nearly $70 million and pro-Russian groups $5.4 million in crypto donations since the war broke out last year. Crypto Donations to Ukraine The donations to Ukraine came mostly in ETH, BTC, USDT, and USDC, with their shares being...
Read More »DeFi Protocol Platypus Announces Major Compensation after $9M Hack
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Read More »USDC Issuer Circle to Increase Workforce by 25%
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Read More »Canada Lists Stringent Requirements for CTPs Trading in Stablecoins
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Read More »Calm Before the Storm: Will XRP Finally Explode Above $0.4? (Ripple Price Analysis)
Ripple’s price has been consolidating in a tight range against the USD. However, against BTC, it has yet to manifest a significant move. Technical Analysis By: Edris XRP/USDT Daily Chart The price failed to break above the $0.43 resistance level and has been trapped in a tight range between the 50-day and 200-day moving average lines, located around the $0.38 and $0.4 levels, respectively. A breakout to the upside would likely lead to another test of the $0.43 level, with the...
Read More »TCNH, a Stablecoin Pegged to Offshore Chinese Yuan, Listed on Huobi
[PRESS RELEASE – Singapore, Singapore, 21st February 2023] TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced that it is now available on Huobi, where users can trade it through the TCNH/USDT pair. Huobi is the first exchange to support TCNH after its launch. Apart from minting directly through TCNH’s official website after being verified as a whitelisted organization, users may also acquire TCNH tokens...
Read More »XRP Struggles Around $0.4 But is a Crash Coming? (Ripple Price Analysis)
Ripple’s price action has been far from convincing lately, as the cryptocurrency has been rejected from a key resistance level against the USD. XRP is also in a downtrend on the BTC paired chart, making things worse. Technical Analysis By: Edris XRP/USDT Daily Chart: On the XRPUSDT chart’s daily timeframe, the price has been rejected from the $0.43 level multiple times and is currently oscillating between the 200-day and 50-day moving averages located around $0.395 and $0.385...
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