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Blockchain
Stablecoin Issuer Tether Explains How FTX and Alameda Collapse Has No Effect on USDT
Tether, the largest stablecoin issuer in the world, has released a statement assuring investors that USDT is in no way affected by the meltdown of crypto exchange FTX and its trading arm Alameda Research.
In a new blog post, Tether says…
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UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain…
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Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar
The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to the US Dollar.
In a new announcement, EMURGO says that it is gearing up to launch USDA, the first ever USD-backed…
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Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of…
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Circle CEO Jeremy Allaire Says Crypto Use Cases Still Remain Strong Following FTX Debacle
The CEO of USD Coin (USDC) issuer Circle says that the concept of crypto offering more transparency than traditional finance still holds amid the current fiasco in the industry.
In a new interview on Yahoo Finance Live, Jeremy Allaire says…
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Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth…
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Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in…
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Cardano Creator Charles Hoskinson Says FTX Implosion Will Cause Issues for Whole Crypto Industry –…
Cardano (ADA) creator Charles Hoskinson warns that the FTX crypto exchange fiasco is likely to have negative implications for the digital asset industry.
In a new video, Hoskinson says that while the liquidity troubles facing FTX won’t…
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FTX CEO Sam Bankman-Fried Tells Investors the Troubled Exchange Needs Cash To Avoid Bankruptcy:…
The CEO of the cash-strapped FTX crypto exchange is reportedly warning investors that the company will collapse if it fails to get additional capital.
Citing a person familiar with the matter, Bloomberg reports that FTX CEO Sam…
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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm.…
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