Real Estate-Backed Stablecoin USDR De-Pegs, Plunges to $0.53
In a recent development, the Real USD (USDR) stablecoin lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. TangibleDAO, the entity responsible for USDR,…
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Trezor Launches New Hardware Wallets and Limited Edition Bitcoin-Only Device
In a move aimed at aiding diverse crowds entering the crypto space, Trezor has unveiled a trio of innovative products. These releases coincide with the 10th anniversary of the introduction…
Big Banks Pilot Sophisticated Crypto Surveillance System in Project Atlas
A new pilot program launched by the BIS, Eurosystem, De Nederlandsche Bank, and the Deutsche Bundesbank this month aims to give them surveillance over international flows of crypto assets. Project…
Galxe Announces $396,000 Refund After DNS Attack
Galxe, a Web3 credentials and rewards platform, has taken measures to reassure its community in response to last week’s DNS attack. The platform announced a refund totaling slightly over $396,000…
JPMorgan Debuts Blockchain Collateral Transaction on TCN
JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and…
Bitstamp Announces When it Will Cease Offering Services in Canada
Bitstamp’s CEO, Bobby Zagotta, announced that the firm will be discontinuing its services to customers in Canada. The decision is set to take effect on January 8, 2024, and comes…
Caroline Ellison Says FTX Bribed The Chinese Government With $100 Million
Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing…
Standard Charted Says Ethereum Could Reach $8,000 By 2026
Researchers at Standard Chartered Bank recently claimed that Ether (ETH), the second-largest cryptocurrency by market cap, could rise to 500% of its current price by the year 2026. The bank’s…
iFinex Launches $150 Million Share Buyback Plan to Compensate Hack Victims: Report
iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone…
This Crypto Exchange Plans to Repurchase its Shares From Bankrupt 3AC
Cryptocurrency trading platform WOO Network revealed intentions to buy back its shares from the bankrupt crypto hedge fund Three Arrows Capital (3AC) to clear the uncertainty that has clouded its…
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