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Tether to eliminate borrowing from its stablecoin backing fund

Tether Limited, issuer of Tether USD (USDT), plans to eliminate collateralized loans from its reserves. Although it will be progressive, as stated by the...

US authorities are considering filing criminal charges against Binance for money laundering

The US government is considering filing criminal charges against the cryptocurrency exchange Binance and its chief executive, Changping Zhao, for violating money laundering laws,...

The next major Ethereum upgrade is expected in March 2023

This upgrade is considered to be extremely important as, among other things, immediately after its successful implementation it will be possible to unstake ETH...

Chainlink (LINK): Staking, Increase In Addresses And Incentives

Chainlink, a decentralized blockchain-based Oracle network built on top of Ethereum, introduced "LINK staking" for its community with the release of Chainlink Staking v0.1...

Amber: The layoffs, the end of Chelsea sponsorship and crypto market turmoil

Amber Group, one of the largest cryptocurrency exchanges in Asia, is making massive staff layoffs and cutbacks amid the impact on the crypto market...

Coinbase sides with Circle’s stablecoin in its competition against Tether

U.S. cryptocurrency exchange Coinbase encouraged its users to switch "to the trusted and reputable digital dollar, USDC," referring to USD Coin (USDC), the stablecoin...

Crypto.com proves its customer’s reserves

Crypto.com has published evidence of its reserves from an audit conducted by the independent auditing firm, Mazars Group, which showed that its customers' assets...

Cuba and its blackouts could drive cryptocurrency mining on the island to extinction

Cryptocurrency mining in Cuba is a victim of the electricity crisis that the Caribbean island is going through, where blackouts interrupt the operation of...

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ShinyHunters Exploit Oracle Zero-Day, Hit Universities

The ShinyHunters cybercrime group exploited a critical zero-day flaw in Oracle PeopleSoft to steal data from enterprise systems.The vulnerability,...

OpenAI Mulls AI Price Cuts Amid IPO Race, Tokenmaxxing Boom

OpenAI is contemplating significant price cuts for its AI tokens in anticipation of a pricing war with rival Anthropic,...

NIO’s Onvo L60 SUV priced from $26,700, undercuts Tesla

The new Onvo L60 starts at RMB 192,800 ($26,600), undercutting the Tesla Model Y's starting price of RMB 263,500...

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