Cross-border stablecoin transfers are surging nearly 78 percent over the past year even as the broader crypto market experiences a sharp decline. …
Claire Knox
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Altcoins
Targeting Trump, California Governor Gavin Newsom Signs Bill Banning Public Officials From Issuing Memecoins
by Claire Knoxby Claire KnoxCalifornia Governor Gavin Newsom signed a bill on Sunday that bans state public officials from launching memecoins. In addition to the ban …
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Altcoins
Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report
by Claire Knoxby Claire KnoxIran has been leaning on Tether’s dollar-pegged USDT to dodge a U.S. sanctions dragnet and move money for the regime and proxies …
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Altcoins
Cardano Faces Bearish Signals as Futures Demand Cools and Whales Sell
by Claire Knoxby Claire KnoxCardano’s (ADA) recent price surge is running into fresh headwinds from fading trader interest and large-holder exits. Futures open interest for ADA …
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Altcoins
Visa Says Bank-Level Fraud Protection and Deposit Insurance Could Unlock US Stablecoin Adoption
by Claire Knoxby Claire KnoxVisa is releasing a new report showing how bank-level protections could significantly boost American interest in using stablecoins to send money abroad. …
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Altcoins
JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
by Claire Knoxby Claire KnoxJPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from …
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Altcoins
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State
by Claire Knoxby Claire KnoxA Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for …
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Altcoins
Grayscale Research Is Warning of AI-Driven Surveillance Risks on Transparent Blockchains, Says Zcash Will Be Part of the Solution
by Claire Knoxby Claire KnoxGrayscale Research is warning that artificial intelligence may heighten financial surveillance risks on transparent blockchains by improving the ability to link transactions …
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Altcoins
Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin
by Claire Knoxby Claire KnoxA group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch …
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Altcoins
Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report
by Claire Knoxby Claire KnoxCrypto platforms are suffering massive losses to sophisticated exploits despite many having undergone independent security audits. A new CoinGecko report shows that …
