Crypto exchange Binance expects to pay penalties to settle with U.S. investigators who are looking into its business. In a Wednesday report from The Wall...
Binance Global, the world’s largest crypto exchange, has acknowledged flaws in its systems that under-collateralized its BNB Smart Chain-based BUSD stablecoin by up to...
After several months of headwinds for the crypto space, the historical collapse of Sam Bankman-Fried’s FTX crypto exchange in early November added fuel to...
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]
Randal K. Quarles, Governor at the U.S. Federal Reserve, says that regulators should promote, not stifle innovation in the digital asset space. In a speech delivered at the American Enterprise Institute in Washington, D.C., Quarles frankly stated that the Fed and other bodies need to “welcome responsible innovation,” and create a regulatory environment that “not […]