Author name: Peter

Tether's Market Cap Reaches New Heights Tether, the leading stablecoin in terms of market capitalization, has reached a lifetime high valuation of $86.51 billion. This surge comes after a 3.6% increase in supply over the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion

Introduction Standard Chartered's ventures arm, SC Ventures, has announced a collaboration with Japanese conglomerate SBI Holdings to establish a digital asset joint venture in the United Arab Emirates (UAE). The joint venture aims to invest in companies operating in various areas of the digital assets spectrum, including market infrastructure, risk and compliance tools, defi, tokenization,

Judge Will Decide on Do Kwon’s Extradition In a recent decision by the Podgorica High Court, Do Hyeong Kwon, the former chief executive of Terraform Labs, is set to be extradited after serving a four-month sentence in Montenegro for fabricating travel papers. The United States and South Korea have both submitted extradition requests, and the

Introduction The Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE) has announced that Bored Gen DMCC (BG), the issuer of the Islamic Coin, has fully cooperated with their ongoing investigation into the token's issuance and distribution. However, BG still needs to obtain appropriate approvals before distributing the Islamic Coin (ISLM) in the

Bitcoin and Ethereum See Modest Gains In the past week, the value of bitcoin increased by a modest 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. While these gains were relatively small, a number of other cryptocurrencies experienced significant double-digit increases, with Blur's token BLUR leading the way with a staggering

JPMorgan Analyst Predicts Potential Impact on Bitcoin Price JPMorgan, a global investment bank, has issued a cautionary statement regarding the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). According to the bank's analysts, such approval could result in "severe downward pressure on bitcoin prices." They estimate that the