Ethena’s risky path: A synthetic stablecoin cautionary tale
The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion. Go to Source
Month: September 2024
Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia’s crypto ecosystem. Go to Source
Bitcoin speculators repeat 2021 de-risking as exposure drops 21.6K BTC
BTC price action over the past month has had major consequences for Bitcoin investor dynamics. Go to Source
Telefónica Tech joins Polygon’s Privado ID as system integrator
Telefónica Tech is integrating with Polygon’s Privado ID to advance its digital identity solutions as Europe moves toward digital ID implementation. Go to Source
Bitfarms postpones ‘special meeting’ over Riot’s board change demand
Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision. Go to Source
Michael Saylor Predicts Bitcoin Will Reach $13 Million in 21 Years
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus 8% due … Read more
Bitcoin ETFs see $28.6M inflows after 8-day outflow streak
Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day. Go to Source
BBVA Enhances Institutional Crypto Solutions With USDC Integration
BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in … Read more
AI deepfake attacks will extend beyond videos and audio: Security firms
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024. Go to Source
Singapore probes illegal Worldcoin accounts and token sales
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity. Go to Source