Stablecoins News
UK’s Cambridge University Launches Crypto Institutional Research Group
Cambridge, one of the UK’s most famous and prestigious universities, is launching a research initiative focusing on digital assets, du...
Luna Foundation Raises $1 Billion as BTC Reserve for Decentralised Stablecoin
The Luna Foundation Guard (LFG) was recently formed to support decentralisation, economic sovereignty, and growth of the Terra ecosyste...
Will Tether FUD End as ‘Assurance Opinion’ Reveals Assets Exceed Liabilities?
Despite its disclosing the composition of its reserves last year, some continue in the belief that Tether, the company behind USDT stablecoi...
New Deal Sees USDC’s ‘Circle’ Double in Value to $9 Billion
Circle, the company behind USDC, announced earlier this week that it had terminated its deal with Concord Acquisition Corp (Concord), a publ...
Meta’s Diem Plans Fail, Zuckerberg in Talks to Offload Intellectual Property
Diem (formerly Libra), the stablecoin backed by Mark Zuckerberg’s Meta, hasn’t had the best start to the year. It appears that t...
PayPal Confirms it is ‘Exploring a Stablecoin’ After Dev Discovers it in Code
PayPal Coin is the new soon-to-be-released stablecoin from Paypal Holdings Inc, as revealed to Bloomberg News by Jose Fernandez da Ponte, Pa...
Web 3.0 Token ‘Near Protocol’ Up 79% in a Month Amid Terra Partnership
NEAR token has been marching steadily upwards to a new all-time high of US$16.37, the most recent rally on December 22 after NEAR announced ...
Vitalik Buterin Reflects on 2021: ‘I Completely Missed NFTs’
Vitalik Buterin, co-founder of the second-largest cryptocurrency and decentralised ecosystem, Ethereum, has admitted he “completely mi...
Crypto Exchange AscendEX Loses $80 Million in Hot Wallet Exploit
Crypto exchange AscendEX has lost over US$77 million worth of several high-profile cryptocurrencies, including Ether (ETH), Binance Coin (BN...
Meta’s Crypto Project Novi Begins WhatsApp Stablecoin Payments Trial
Novi, a new crypto wallet for sending digital payments through WhatsApp, is available now and being trialled for a limited number of people ...
Small Island Nation Palau Partners With Ripple on Eco-Friendly Digital Currency
The Republic of Palau, an archipelago of 500-plus islands and part of the Micronesia region in the western Pacific Ocean, is partnering with...
Outgoing RBA Policymaker Thinks CBDCs and Global Regulation Will Undermine Crypto
Dr Tony Richards, the soon-to-retire head of payments policy at the Reserve Bank of Australia (RBA), has warned local investors they should ...