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Binance Files to Dismiss FTX’s $1.76B Clawback, Says Claims Are Flawed

Binance Files to Dismiss FTX’s $1.76B Clawback, Says Claims Are Flawed

Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an ...
Web3 Industry Pushes Lawmakers as Stablecoin Policy Divide Widens

Web3 Industry Pushes Lawmakers as Stablecoin Policy Divide Widens

Crypto executives in both the US and Canada are urging lawmakers to update stablecoin regulations.
Galaxy Digital Gets SEC Green Light to Redomicile in US, Eyes Nasdaq Listing in May

Galaxy Digital Gets SEC Green Light to Redomicile in US, Eyes Nasdaq Listing in May

Galaxy Digital secures SEC approval to redomicile in Delaware, bringing it closer to a Nasdaq listing, pending final approvals and a May 9 vote.
Stripe Launches Stablecoin Accounts and AI Fraud Detection Tools

Stripe Launches Stablecoin Accounts and AI Fraud Detection Tools

Stripe, a global payment solution for Web3, has revealed various features at its annual user event on May 7 in San Francisco. The major updates are...
Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

Coinbase, the largest crypto exchange in the US, has announced the possibility of listing a gold-pegged stablecoin. In a new post on the social med...
Ethereum Stablecoin Market Explodes 1M-Fold to $124B – What’s Driving It?

Ethereum Stablecoin Market Explodes 1M-Fold to $124B – What’s Driving It?

Ethereum Stablecoin capitalization has risen from $124 K in 2018 to $124.5 B, giving Ethereum 52 % of digital-dollar liquidity via USDT. Institutio...
Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal

Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal

Kyrgyzstan has announced its plans to launch USDKG, a gold-backed stablecoin pegged to the U.S. dollar. The project will initially be backed by $50...
SEC Drops Probe into PayPal USD (PYUSD) Stablecoin — What It Means for Crypto Regulation

SEC Drops Probe into PayPal USD (PYUSD) Stablecoin — What It Means for Crypto Regulation

PayPal’s PYUSD stablecoin is no longer under investigation by the SEC. What can this regulatory relief mean for PayPal USD and the adoption of cryp...
Mastercard Teams Up With Circle, Paxos and Other Firms To Power Global Stablecoin Payments

Mastercard Teams Up With Circle, Paxos and Other Firms To Power Global Stablecoin Payments

Global financial services giant Mastercard is launching support for stablecoin payments across its network under new partnerships. In a press relea...
US SEC Drops PayPal PYUSD Stablecoin Investigation

US SEC Drops PayPal PYUSD Stablecoin Investigation

PayPal just got a significant win in the world of digital finance. On April 29, the company revealed in a regulatory filing that the U.S. Securitie...