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Revolut in advanced stages of plan to launch its own stablecoin

Fintech giant Revolut is reportedly in the advanced stages of developing its own stablecoin, CoinDesk reported on Sept. 17, citing sources familiar with the matter. Revolut, which secured a UK banking license earlier this year, aims to follow the lead of major industry players like PayPal, Ripple, and BitGo, all of which have recently entered […] The post Revolut in advanced stages of plan to launch its own stablecoin appeared first on CryptoSlate. дальше »

2024-9-18 20:00


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Tether’s $6.2 billion revenue in 2023 outpaces BlackRock: what’s driving this growth?

Tether, the world’s largest stablecoin issuer, reported a staggering $6. 2 billion in revenue for 2023, surpassing the $5. 5 billion earnings of global investment titan BlackRock. With only 100 employees compared to BlackRock’s 20,000, Tether’s extraordinary profitability highlights the growing impact of digital assets on traditional finance. дальше »

2024-9-12 20:34


TRON Monthly Report: August 2024 Sees Significant Growth In Fees, Revenue, And Market Activity

TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 […] дальше »

2024-9-11 13:29


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Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage. дальше »

2024-9-10 13:00


Kamala Harris Adopts Crypto: Coinbase Donations Now Accepted By VP’s Campaign

Signaling a potential shift from previous skeptical stance, vice president Kamala Harris is reportedly utilizing Coinbase’s Commerce platform to accept crypto donations for her campaign.  Alesia Haas, Coinbase’s Chief Financial Officer, disclosed this information during a discussion at Citi’s 2024 Global TMT Conference in New York, as reported by Fortune. A Shift In Democratic Attitude […] дальше »

2024-9-6 01:00


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Fake Ukrainian cops extort $250,000 in Tether from online entrepreneur

In a brazen scam, Ukrainian criminals posing as police officers have extorted $250,000 in Tether (USDT) from a businessman by fabricating criminal charges. According to a press release from the National Police of Ukraine dated September 2, the scam unfolded in May when a 20-year-old online entrepreneur reported being targeted by individuals pretending to be […] дальше »

2024-9-3 18:49


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Big Tech signals continued AI investments: Is that good news for Bitbot?

The tech giants have reported their earnings, and there’s a clear message for investors: their spending on AI infrastructure is set to increase significantly from here on out. Why? Because the artificial intelligence sector is growing at an unprecedented rate, and companies like Amazon, Microsoft, and Meta Platforms can’t afford to fall behind. Even a […] дальше »

2024-9-2 16:36


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UK’s ambitions for crypto hub status falter amid regulatory roadblocks

Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have plummeted by more than 50% in the past three years, […] The post UK’s ambitions for crypto hub status falter amid regulatory roadblocks appeared first on CryptoSlate. дальше »

2024-8-31 00:00


Telegram CEO Pavel Durov Arrested By French Police – Will It Impact The TON Ecosystem?

Pavel Durov, the founder and CEO of Telegram, has been detained by authorities in France. The detention is connected to a search warrant alleging violations of the encrypted messaging platform. French media, including Le Monde, reported that Durov was arrested upon arriving from Azerbaijan in his private jet at Le Bourget airport, situated north of […] дальше »

2024-8-26 01:00