“While Tether claims to operate out of El Salvador, the vast majority of its assets reside in the United States under your custodianship,” the Connecticut lawmaker wrote. “As Congress considers how to best regulate digital assets, your partnership with Tether will provide important insights into… Read More
Wallets linked to the U.S. government moved 12,267 bitcoin BTC$81,429.31, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham. The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address,… Read More
Through this integration, users will be able to send Circle’s stablecoin, USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing. Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMF’s… Read More
Cryptocurrency media company Cointelegraph, famous for its use of cartoon-like characterizations to illustrate the news, is looking for a buyer, according to a person familiar with the matter. The amount of money the crypto media firm has been shopping itself for was not revealed by… Read More
Polygon Labs’ Open Money Stack extended its stablecoin payments and cross-border transfer capabilities by adding support for the TRON network. Open Money Stack is targeting businesses that might want to use TRON for digital-dollar services without the requirement to combine banking access, wallets and other… Read More
“I read the current move as evidence that the ETF bid that carried September has not yet returned strongly enough to offset renewed macro pressure. ETF inflows above roughly $300 million a session for several sessions (my threshold rather than a market one) would be… Read More
