Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America’s trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night into Monday morning in Singapore, hitting a low of $77,077. The second-most-popular crypto...
America’s changing cryptocurrency landscape could soon bring Tether’s stablecoin to the U.S. The company is considering offering a U.S.-only stablecoin, assuming the government brings forth regulations encouraging new entrants to the market, Tether’s CEO told the Financial Times (FT) in a report published Monday (April...
File this under things you couldn’t say two years ago: Blockchain technology is maturing, and its potential for compliant, mainstream use is growing. “Banks are in the state where they are thinking about blockchains as public infrastructure that they need to rely on,” Chainalysis co-founder...
Cryptocurrency thefts surged by 303% during the first quarter to $1.67 billion. That jump was primarily driven by the historic billion-dollar hack on the Bybit exchange, Seeking Alpha reported Saturday (April 5), citing data from blockchain security firm CertiK. This figure represented 197 hacks during...
The Securities and Exchange Commission (SEC) says that stablecoins, generally speaking, are not securities. That’s according to a statement from the regulator’s Division of Corporate Finance issued Friday (April 4), which means that these coins do not need to be registered with the commission. The...
PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Friday (April 4) press release that it added these tokens in response to...
As President Donald Trump’s latest tariff announcements sent shock waves through global markets, the cryptocurrency sector found itself caught in the crossfire, raising questions about the long-term implications for crypto and blockchain. The immediate reaction in the crypto market was one of volatility. Bitcoin fell...
Some crypto executives are reportedly pushing Congress to allow stablecoin issuers to pay interest on their U.S. dollar-pegged tokens. The executives aim to add this provision to stablecoin bills that are being considered by the House and Senate, Reuters reported Thursday (April 3). Currently, stablecoin...
U.S cryptocurrency stocks fell in early trading Thursday (April 3) following the latest White House tariffs. As Reuters reported, the sweeping new levies have left investors shaken, leading them to sell riskier assets. Bitcoin fell 2.3%, the report added, with ether down 3.3%. While President Donald...
