Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […]
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and […]
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities […]
On Thursday, bitcoin (BTC) soared to a peak of $ 63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $ 6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From …
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, […]