
USDC
Fed slaps crypto-friendly banks for ‘deficiencies’
The Board of Governors of the Federal Reserve System issued a cease & desist order against the UTB following an...
Coinbase hopes AI will reduce frequency of exchange’s outages
The new AI model anticipates traffic spikes and scales up resources, and Coinbase claims this new system "served us well"...
‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch
Public Citizen consumer advocacy group released a report titled ‘Big Crypto, Big Spending’ that showed ‘crypto corporations’ poured $119 million...
Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
At the third Foresight Conference, David Chiu, a Hong Kong Special Administrative Region legislative council member, said they must soon...
Tether sued for $3.5 billion for liquidating Celsius loan collateral
The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...