Huobi Crypto Exchange Battling Insolvency Rumors as Exchange Suffers Huge Outflows
Huobi crypto exchange faces a bleak future as the platform suffers huge outflows. Crypto analyst Adam Cochran decried the dismissive remarks by the community manager,...
Stablecoin Bill Proposal for State Regulators Opposed by Financial Institutions
This week, a U.S. House of Representatives Committee is meeting to deliberate on the part of the stablecoin legislation, a situation that has raised concerns...
Social Payments Company in Nigeria Shuts Down Its Crypto Exchange Wing
Bundle is a Nigeria-based company that offers social media payment services. The company also operates a cryptocurrency exchange trading platform. However, the latest shareholder meeting...
Aave’s GHO Stablecoin Realizes $3.77M Market Cap
The newly launched dollar-pegged stablecoin by Aave is witnessing accelerated adoption. The stablecoin identified as GHO is running on Ethereum. Aave is replicating Maker's DAI...
Crypto Headcount Escalates Above 100% Since 2019
A review of the digital ecosystem shows contrasting staffing approaches that collectively have increased the crypto headcount. The industry giants, for instance, Binance, employ and...
Crypto Advocates Ask Hong Kong’s Government to Issue a Stablecoin to Compete with USD Coin and Tether
Hong Kong is currently working on several proposals to set up a new crypto-friendly commercial region. One such proposal under review is the issuance of...
Wyoming has Passed Friendly Regulations to Support Crypto and Blockchain Innovation
Wyoming is the least populated state in America. The state legislators have recently published new regulatory clarity for the cryptocurrency enterprises operating within its jurisdictions....
Cryptopay Asks EU Customers to Transfer or Spend Funds as It Loses EMI License
Cryptopay is a firm operating out of the EU that has recently lost its practice license. The firm was operating as EMI or electronic money...
Bitcoin Market Dominance Exceeds 51% as SEC’s Crackdown Erodes Altcoins Share
The scrutiny of the digital market shows increased Bitcoin dominance as prominent altcoins battle multiple crackdowns. A review of market data in TradingView shows recent...
MicroStrategy Founder Optimistic that Regulatory Clarity to Deliver Bitcoin ’10X’ Value
The MicroStrategy head delved into the debate on the absence of a clear regulatory framework in the US. Michael Saylor confessed that the continued reliance...