ETP issuer Valour eyes African market with Bitcoin, Ethereum products

Valour plans to bring its crypto exchange-traded products to more investors in Africa, in response to a major agreement with the Nairobi Securities Exchange. Initial support will be for crypto ETPs for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Hedera… дальше »

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Circle to discontinue USDC support on Flow blockchain

Circle, the issuer of the stablecoin USDC, has announced that it will end support for its stablecoin on the Flow blockchain effective Sept. 3, 2024. In a blog post on Aug. 5, Circle announced that its decision to end USDC… дальше »

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Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit

Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report for the first half of the year, recording substantial gains that amount to nearly $1 billion per month. дальше »

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Tether profits hit $5.2b in H1 2024, new record

USDT issuer Tether disclosed net profits of $1.3 billion in the second quarter of the year, adding to the $4.5 billion generated in Q1 to set a new record. Tether’s (USDT) second quarterly attestation reported that the company hit $5.2… дальше »

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Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources

The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022. дальше »

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21Shares taps Chainlink for proof of reserve of its Ethereum ETF

21Shares has integrated Chainlink to provide transparency in terms of proof of reserves for its recently launched spot Ethereum exchange-traded fund. 21Shares, a leading issuer of crypto exchange-traded products, announced the integration on July 29, noting that it will tap… дальше »

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Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF

The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country. дальше »

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Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain. дальше »

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Hong Kong lists Standard Chartered, Animoca Brands as stablecoin sandbox participants

Hong Kong’s financial regulator has unveiled a list of its stablecoin issuer sandbox participants, including Standard Chartered and Animoca Brands. The Hong Kong Monetary Authority (HKMA) has announced the list of participants of the stablecoin sandbox, who can already start… дальше »

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First ETP for Near Protocol’s NEAR token unveiled on Sweden’s Spotlight Stock Market

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market. Valour currently operates one of the largest Solana ETPs. The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs. дальше »

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Jambo expands to bolster financial inclusion in emerging markets

Jambo, a Web3 mobile infrastructure startup behind the JamboPhone, has officially expanded to Solana to empower the unbanked across emerging markets. The startup has partnered with stablecoin issuer Tether to accelerate this goal, according to an announcement on Tuesday. As… дальше »

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Plaintiffs renewed the lawsuit against Tether and Bitfinex once again

Another lawsuit has been filed against the Tether stablecoin issuer and the Bitfinex crypto exchange. The plaintiffs changed and again filed a lawsuit against Tether and Bitfinex, accusing the company of manipulating the price of Bitcoin (BTC) and other digital… дальше »

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Tether hires ex-Chainalysis exec to lead ‘economic analysis efforts’

Stablecoin issuer Tether has hired the former Chainalysis chief economist to help regulators understand how stablecoins are used in the real economy. Stablecoin issuer Tether has revealed in a Monday blog announcement that it has hired Philip Gradwell, a former… дальше »

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No enforcement against Binance USD [BUSD]: SEC's decision, unpacked

BUSD might be off the hook with recent developments. The SEC has paused enforcement against its issuer, recently.  In a recent announcement from Paxos, it was revealed that the U.S. SecuritThe post No enforcement against Binance USD [BUSD]: SEC's decision, unpacked appeared first on AMBCrypto. дальше »

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Tether discloses timeframe for suspending USDT redemptions on multiple networks

The stablecoin issuer Tether has revealed the timetable for sunsetting its support for USDT and EURT on multiple blockchain networks. Tether, the largest stablecoin issuer by market capitalization, announced in a Thursday blog announcement it will no longer be obligated… дальше »

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Circle debuts euro-pegged stablecoin EURC on Coinbase’s blockchain

Stablecoin issuer Circle is expanding its reach with the launch of its MiCA-compliant euro-backed stablecoin on layer-2 chain, Base. Circle is bringing its regulated stablecoin, pegged 1:1 to euro (EURC), to Coinbase‘s layer-2 network called Base as part of its… дальше »

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Roaring Kitty fraud suit dropped, Ethereum Foundation hacked, and more: Hodler’s Digest, June 30 – July 6

Roaring Kitty fraud lawsuit voluntarily dropped, Ethereum Foundation email server hacked, and Circle becomes first MiCA-compliant stablecoin issuer. дальше »

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Northern Data accused of fraud by ex-directors amid US IPO efforts

Amid efforts to go public, Northern Data faces accusations of fraud from former executives who allege they were ousted for whistleblowing. European Bitcoin mining giant backed by stablecoin issuer Tether, Northern Data, is embroiled in legal controversy as two of… дальше »

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Tether teams up with BTguru to explore RWA use cases for banks in Turkey

The USDT stablecoin issuer Tether has announced signing a partnership agreement with think tank BTguru to evaluate crypto initiatives in Turkey. Tether, the largest stablecoin issuer by market capitalization, is deepening its presence in Turkey through a new collaboration, which… дальше »

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Stablecoin issuer Paxos taps Singapore’s DBS as its custodial partner

Singapore’s largest bank DBS Group will provide custodial services for Paxos as the stablecoin issuer secured full approval from the Monetary Authority of Singapore. DBS Group, the largest bank in Southeast Asia by assets, is venturing into the crypto sector… дальше »

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Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules

Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European Union’s rigorous crypto laws. дальше »

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Circle becomes first licensed stablecoin issuer under MiCA

Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules. дальше »

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US SEC returns Ethereum ETF S-1 forms to issuers, refiling deadline set at July 8

According to sources within the issuer community, the US Securities and Exchange Commission (SEC) has returned the S-1 forms to prospective Ethereum ETF issuers, marking another step in the complex process of getting these financial products approved. дальше »

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SOL Price Soars As First-Ever Solana ETF Filing Surfaces In The US

The cryptocurrency market has taken another step towards regulated and mass investment in cryptocurrencies with the first-ever application for a Solana ETF in the US by asset manager and Bitcoin ETF issuer VanEck. дальше »

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Bitcoin ETF issuer VanEck files for Solana ETF in the US

According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF. дальше »

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Here’s Why Tether Has Ceased Minting USDT On EOS And Algorand

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Tether USDT sees rapid $580 million growth on Telegram-linked TON blockchain

Tether’s USDT supply is growing at its fastest rate on the Telegram-linked The Open Network (TON) blockchain. According to Tether’s transparency page, the stablecoin issuer has issued $580 million worth of USDT tokens on the blockchain, and its net circulation sits at $519 million as of press time. дальше »

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Tether halts USDT minting on Algorand and EOS

Tether, the issuer of the world’s largest stablecoin, has announced it will stop minting its dollar-linked USDT token on the Algorand and EOS blockchains. This decision is part of a strategic shift to focus on community-driven blockchain support, aiming to balance maintainability, usage, and community interest. дальше »

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Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck

The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck. дальше »

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Tether unveils gold-backed asset class to ‘redefine stability’ in digital economy

Stablecoin issuer Tether has announced the launch of a new asset class backed by Tether Gold in a bid to enhance value consistency and stability. Tether is expanding its list of stablecoins with a new asset class aimed at enhancing… дальше »

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Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030

The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise. дальше »

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Circle Launches 2-Phase Solana Integration With Major New Features

Peer-to-peer payments company and stablecoin (USDC) issuer Circle has announced its integration with the Solana (SOL) blockchain, bringing several important new features to its Web3 services.  According to Wednesday’s announcement, the strategic move will enable Circle to offer programmable wallets and gas stations and allow developers and businesses to build and launch on-chain applications. Advantages […] дальше »

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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

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Stablecoin issuer Paxos cuts 20% of workforce: report

Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to… дальше »

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Shiba Inu ETF Petition Gains Ground With Over 10,000 Signatures Collected

With the approval of Spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC), the Shiba Inu community have continued to push for a SHIB ETF. The latest development in this effort is a petition to leading Crypto ETF issuer, Grayscale, to launch a Shiba Inu ETF. Shiba Inu ETF Petition Crosses 10,000 […] дальше »

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Tether Unveils $1 Billion Warchest For Deals And Investments In Key Markets

Stablecoin issuer Tether and its investment arm, Tether Investments, have revealed their intention to allocate more than $1 billion to various investment opportunities over the next 12 months.  According to a Bloomberg report, Paolo Ardoino, Chief Executive Officer behind the USDT stablecoin, shared insights into the company’s next investment strategies and areas of focus in […] дальше »

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ProShares seeks SEC nod for spot Ethereum ETF listing on NYSE

ProShares, a prominent issuer of exchange-traded funds (ETFs), has filed a proposal to list and trade spot Ethereum (ETH) ETF shares on the New York Stock Exchange (NYSE). According to the filing with the United States Securities Exchange Commission (SEC),… дальше »

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Paxos launches yield-bearing stablecoin Lift Dollar (USDL)

Paxos International, a UAE-based affiliate of stablecoin issuer Paxos, has unveiled a new yield-bearing stablecoin dubbed Lift dollar (USDL). USDL will be the first stablecoin to offer eligible users across the globe the chance to bid for daily yield, with this available in wallets under regulatory oversight, the company announced on June 5. USDL is […] дальше »

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Ripple president: Stablecoin likely this year

Ripple president Monico Long said the XRP issuer is likely to enter the $161 billion stablecoin market before this year’s close.  дальше »

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Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach

Paolo Ardoino, the CEO of stablecoin issuer Tether, warned on June 5 about a potential security breach involving an unnamed crypto mailing list provider. In a post on the social media platform X (formerly Twitter), Ardoino stated that his firm had received two independent confirmations suggesting a prominent vendor responsible for managing mailing lists for […] The post Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach appeared first on CryptoSlate. дальше »

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Australia’s first spot Bitcoin ETF to go live on Tuesday

The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange.  The ETF, listed as IBTC, will have a management fee of 0.98%. Monochrome Asset Management, the issuer, provides the fund to allow investors to access Bitcoin within a… дальше »

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Tether Makes Major Move Into Bitcoin Mining With $100 Million Investment In This Firm

In a significant development, Tether, the issuer of the widely used stablecoin USDT, has acquired a $100 million stake in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. дальше »

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Bitdeer gains $150 million from Tether for ASIC-based mining rig development

Stablecoin issuer Tether has entered into an agreement to acquire up to $150 million worth of shares from prominent Bitcoin mining firm Bitdeer via a private placement deal, according to a May 31 statement. дальше »

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Chainlink and Circle partner to enhance stablecoin utility for institutions

Chainlink and stablecoin issuer Circle are partnering to help expand the use of stablecoin across enterprise institutions, according to a press release published May 30. The partnership will enhance the utility of tokenized assets, with developers and businesses tapping into Chainlink industry-standard services and Circle’s USDC and EURC stablecoins. дальше »

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One in three US voters considers candidates’ crypto stance before voting

A recent survey by the Harris Poll, funded by Bitcoin ETF issuer Grayscale, reveals that one in three US voters now considers a candidate’s stance on cryptocurrencies before casting their vote. дальше »

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VanEck intends to be first spot ETH ETF issuer, argues against simultaneous approvals

VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The Block, Sigel said that VanEck was the first to file its S-1 registration statement and “fully expects” to receive comments and “go first. дальше »

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Tether holds more US Treasuries than Germany, ranks 19th globally

Quick Take Tether reported a massive $4. 52 billion profit in the first quarter of the year. Notably, the stablecoin issuer’s consolidated financial figures revealed that as of March 31, it held a staggering $91 billion in direct and indirect US treasury bill holdings. дальше »

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Stablecoin issuer Circle eyes US move, setting stage for rumored IPO

Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported on May 15. The firm has begun the relocation process by filing the required paperwork with the High Court of the Republic of Ireland. дальше »

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Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Circle recently filed court paperwork to make the move, according to a company spokesperson. дальше »

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Stablecoin issuer Circle plans legal base shift to US ahead of IPO

USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up… дальше »

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