Record Increase in Aggregate Stablecoin Supply According to Glassnode data, there has been a significant $4.1 billion monthly increase in the aggregate supply of stablecoins, reaching…
TrueUSD (TUSD) Explains Depegging Incident TrueUSD (TUSD) has provided clarification regarding the recent depegging incident, stating that it is linked to activities on Binance Launchpool. The…
USDC Gains Momentum in the Crypto Market The crypto market is experiencing a significant increase in the popularity of USDC, the second-largest stablecoin by market capitalization.…
The Decline of Stablecoins in the Crypto Market The overall market value of cryptocurrencies has increased, resulting in a decrease in the dominance of stablecoins. Their…
Stablecoin TrueUSD (TUSD) Loses Peg to USD The stablecoin TrueUSD (TUSD) has deviated from its peg to the U.S. dollar, according to Chainlink. On January 16,…
Tether (USDT): The Stablecoin’s Market Cap Soars in 2023 In 2023, Tether (USDT), the leading stablecoin in the crypto market, experienced a significant increase in its…
Binance Responds to SEC’s Terra Supplemental Authority In response to the U.S. SEC’s notice of supplemental authority in the ongoing lawsuit, Binance, Binance.US, and co-founder Changpeng…
The Hong Kong Virtual Asset Consortium (HKVAC) Updates Cryptocurrency Indexes The Hong Kong Virtual Asset Consortium (HKVAC) has announced changes to its cryptocurrency indexes, which will…
Genesis Global Trading Agrees to $8M Settlement Fine and Bitlicense Forfeiture Genesis Global Trading has reached an agreement with the New York State Department of Financial…