cryptocurrencies

Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether Says USDT Market Cap Climbs Toward $100 Billion
January 31, 2024  |  Cryptocurrency

Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that...

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Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
January 15, 2024  |  Cryptocurrency

Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose...

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Hackers Hijack SEC X Account to Announce Phony ETF Approval
Hackers Hijack SEC X Account to Announce Phony ETF Approval
January 10, 2024  |  Cryptocurrency

Hackers took over the SEC’s X account to falsely trumpet the agency’s bitcoin ETF approval. The breach happened Tuesday (Jan. 9), allowing whoever took over...

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Bitcoin Tops $45K for First Time Since April 2022
Bitcoin Tops $45K for First Time Since April 2022
January 02, 2024  |  Cryptocurrency

Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2),...

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Robinhood Plans Crypto Trading Expansion in Europe
Robinhood Plans Crypto Trading Expansion in Europe
November 07, 2023  |  Earnings

In its third-quarter earnings call on Tuesday (Nov. 7), cryptocurrency investment platform Robinhood said it would be expanding its crypto trading offerings. The company plans to...

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Genesis’ New Bankruptcy Plan Draws Ire of the Feds
Genesis’ New Bankruptcy Plan Draws Ire of the Feds
November 02, 2023  |  Legal

Genesis has altered its bankruptcy plans, and that doesn’t sit well with the federal government. The crypto lender said in a filing last week that it...

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Tether Disputes Report of Stablecoin Being Used for Illicit Activities
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
October 27, 2023  |  Cryptocurrency

Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...

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BlockFi to Wind Down Operations, Return Assets to Customers
BlockFi to Wind Down Operations, Return Assets to Customers
October 24, 2023  |  Cryptocurrency

Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now...

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Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
October 19, 2023  |  Cryptocurrency

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1...

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