Rivalry Unfolds Between Ethereum Merge Hard Forks’ Proof-of-Work Projects

The Ethereum transition to ETHPoS saw the blockchain do away with miners. However, the future of the miners that chose to maintain Proof-of-Work has several uncertainties. Led by Chinese miner Chandler Guo, they created a post-merge ETHPOW and ETHW. The hard fork had a rocky start, but it’s now running. At the time of writing, […]

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Tether Leads USDC with $16B Market Cap Gap as Binance Minimizes Stablecoin Competition

In June 2022, the market cap gap between USDC and USDT was only about $10B. It seemed as if USDC was closing the gap and overtaking USDT, its biggest rival. The two most popular stablecoins began the year with a market cap gap of nearly $36B. However, a recent shift of events has seen Tether’s(USDT) […]

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Binance Recovers Over 80% Of Funds Stolen From Curve Finance 

According to reports, Binance, a famous cryptocurrency exchange, has recovered a large chunk of the assets stolen in the latest Curve Finance breach. About $450,000 have been frozen and reclaimed by the firm. Changpeng Zhao, the CEO of Binance, confirmed the news on his Twitter account. This means that approximately 80% of the plundered funds […]

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Regulate Crypto Now Or Regret Later – Vice-Chair Of US Fed

Lael Brainard, the vice-chair of the US Fed, advised attendees at a Bank of England seminar in London on July 8th to regulate crypto now or regret it later.  Brainard asserted that cryptocurrency needs “strong guardrails.” This is because it faces the same fundamental dangers as conventional finance. She provided the recent market slump as […]

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Tether’s Collapse Would Be Chaotic, Not Cataclysmic

The executive leadership of Tether is facing criminal charges against them. The possible criminal charges will intensify the pressure on a product on which the market is relying heavily. However, experts have divided opinions on the matter as they believe that if Tether falls, the results will be surely chaotic but not catastrophic for the […]

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Bitcoin Global Introduces Tether (USDT) Trading

The Peer-to-Peer (P2P) cryptocurrency exchange Bitcoin Global has announced to introduce the stablecoin Tether (USDT) trading on its trading platform. The company announced the trading support for Tether after the customers’ demand for the stablecoin increased. Bitcoin trading is already supported on the platform of Bitcoin Global. USDT trading is now available on Bitcoin Global […]

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