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Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million.…

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Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform…

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Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order

The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim…

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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East

Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s…

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Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement…

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Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status

A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency…

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