Dollar-Backed HUSD Stablecoin Plummets From Peg
Huobi said it is “aware of the current liquidity issues associated with the HUSD stablecoin.” Key Takeaways HUSD has depegged from the dollar and currently...
Category : Altcoin
South Korea Threatens 16 Unregistered Crypto Exchanges With Fines, Imprisonment
The Korea Financial Intelligence Unit has reported 16 unregistered crypto service providers to the investigative authority for operating illegally in the country. Shutterstock image by...
CDPQ Loses Hope on $150M Celsius Wager
“We arrived too soon in a sector which was in transition,” said CDPQ president and CEO Charles Émond. Key Takeaways Canadian pension giant CDPQ is...
Fed Governor Touts FedNow as Substitute to CBDC
Key Takeaways Governor Michelle Bowman said today that the Federal Reserve's FedNow service could be ready by mid-2023. She suggested that the payments service addresses...
Markets React to FOMC Meeting Minutes
The U.S. central bank is continuing its efforts to tame inflation with interest rate hikes. Key Takeaways The FOMC minutes from its July meeting have...
Genesis CEO Steps Down as Company Cuts 20% of Workers
The firm was one of Three Arrows Capital's largest creditors. Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will...
Kraken CEO Criticizes Twister Cash Sanctions
Jesse Powell objects to sanctions against Tornado Cash, but his exchange must comply with the law. Key Takeaways Kraken CEO Jesse Powell has criticized sanctions...
Coinbase Will Close ETH Deposits and Withdrawals At some level of Ethereum Merge
Crypto exchange Coinbase will pause ETH and ERC-20 token deposits and withdrawals during Ethereum’s upgrade to Proof-of-Stake as a precautionary measure. Key Takeaways Coinbase announced...
What Are the Easiest Ways to Make a selection Crypto in 2022?
Buying crypto is a much easier process than it was a few years ago; back in the day, people had to go as far as...
5 Celsius Community Choices: Discovering Protected Funding Choices
Celsius Network was a leading cryptocurrency lending platform and interest account where users could earn interest on their digital assets and take out cryptocurrency loans....