Auto Added by WPeMatico
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the…
The HUSD stablecoin currently trades at around $0.88 after losing parity to the dollar late Wednesday afternoon. HUSD in Peril Another stablecoin has broken its dollar peg. HUSD, a dollar-backed...
The unregistered crypto exchanges face up to five years in prison or fines of approximately $37,000 with a ban on future registration in South Korea. Korea Cracks Down on Unregistered...
Tether said that it would also begin releasing attestations on a monthly instead of a quarterly basis. Tether Boasts New Accounting Firm Partnership Tethers attestations will now be conducted by...
The Department of Justice said that Dubnikov faces up to 20 years in prison if found guilty. Justice Department Extradites Alleged Launderer The United States government is taking big steps...
Acala has recovered almost 3 billion aUSD following its second trace of addresses affected by a recent attack. Acala Recovers 3 Billion aUSD Acala has recovered another batch of affected...
Minutes for the Federal Open Market Committee’s July meeting were published today and markets have responded coolly. Higher Rates Ahead The U.S. central bank may raise rates yet again, according...
The U.S. Federal Reserve is considering a payment system that could reduce the need for a central bank digital currency (CDBC). Federal Reserve Touts FedNow Benefits A service called FedNow...
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following…
Celsius filed for Chapter 11 bankruptcy last month. CDPQ Writes Off a Loss Crypto enthusiasts may have once said that the institutions are coming, but in 2022, it feels more...