Stablecoins
Focuses on the role, mechanics, and market impact of stablecoins within the financial ecosystem.
Goldman Sachs Predicts Stablecoin Market to Hit Trillions
Goldman Sachs forecasts a stablecoin market boom, currently valued at $271 billion, potentially reshaping finance. USDC could gain market share…
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Myanmar PM’s X Account Hacked to Promote Scam
Myanmar Prime Minister Min Aung Hlaing's X account was hacked, promoting a fake "national cryptocurrency," causing severe market fluctuations. This…
More posts in Stablecoins
SEC Approves Figure Markets’ YLDS Interest Stablecoin
The SEC has approved Figure Markets' YLDS, an interest-earning stablecoin offering a 3.85% yield, marking…
Scammers Fake Maldives President Account to Promote Scam
Scammers created a fake account impersonating Maldives President Mohamed Muizzu to launch a fraudulent token…
Quantum Tech to Recover Lost Bitcoin, Says Tether CEO
Paolo Ardoino, CEO of Tether, predicts quantum computing might recover lost Bitcoin wallets, reintroducing dormant…
Kanye West Offered $2M to Promote Scam Cryptocurrency
Kanye West revealed he declined a $2 million offer to promote a fake cryptocurrency, emphasizing…
Tether Reports $13B Revenue, Boosts Reserves to $143B
Tether reported a record $13 billion profit for 2024, expanded reserves to $113 billion in…
Crypto.com to Delist USDT for EU Users January 31
Crypto.com will delist USDT and other assets like Dai and Wrapped Bitcoin for EU users…
Global Ledger: Scam Tokens Net $857M Amid TRUMP Frenzy
Scam tokens exploited TRUMP hype, generating $857 million using Pump and Dump schemes. Tokens like…
Tether CEO Announces U.S. Expansion Plans
Tether's CEO Paolo Ardoino announces cautious U.S. expansion, investing $775 million in Rumble. They plan…
Matrixport Predicts Crypto Consolidation Amid Low Stablecoin Influx
Matrixport reports a slowdown in fiat-to-crypto transition due to US Federal Reserve's tighter policies. Low…
Remote Job Scam Steals $2M in Crypto Assets
New York Attorney General Letitia James has taken legal action to recover $2 million in…