On April 19, Coin Center, a prominent cryptocurrency advocacy organization, faced opposition to a Senate bill regarding stablecoins. Proposed by Senators Kirsten Gillibrand and Cynthia Lummis, the Lummis-Gillibrand Payment Stablecoin Act aims to regulate coins with values linked to traditional currencies like the US dollar. Coin Center argues that ending a stablecoin’s operation is an … Read more
Telegram, a famous messaging app, with a user base of 900 million, is planning to integrate mini-apps which will enable users to interact with a cryptocurrency without being even aware of the fact, given a seamless experience. These Graviton services also tie in with Tether’s USDT stablecoin with a US dollar peg, which allows for … Read more
Mercuryo, a company that facilitates global payments infrastructure for digital assets, has introduced an option for exchanging fiat money into Tether tokens (USDt) within The Open Network (TON). With this new integration, users can effortlessly convert their traditional currency into USDt, thereby enhancing the speed and simplicity of transactions in the network. We’re proud to … Read more
Matt Hougan, the Bitwise Investment Officer with a focus on bitcoin, shared his perspective on the upcoming bitcoin halving event based on past trends and increasing demand for spot Bitcoin exchange-traded funds (ETFs). During an interview with CNBC on the 19th of April, Hougan expressed his view that this year’s Bitcoin (BTC) halving presents a … Read more
Recently, Hedgey Finance, a decentralized finance platform, suffered security breaches on two different blockchains, leading to losses of roughly $44.7 million. Specifically, on the Arbitrum network, attackers managed to steal around $42.8 million worth of ARB tokens. Cyvers, a business specializing in on-chain security, announced that some of the stolen funds have been moved to … Read more