Tether’s excess reserves increased by $850M to $3.3B in Q2
Tether’s excess reserves for the USDT stablecoin hit $3.3 billion in Q2. An attestation report for the quarter by BDO showed operational profits of over...
Hex founder charged with offering unregistered securities offering
Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings. The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart. In...
Bitcoin volatility at three-year low as crypto markets lull
Key Takeaways Crypto volatility has been dropping all year, with Bitcoin’s volatility now at three-year lows Volume is also dropping, as the calm markets are...
Japan Blockchain Association demands tax cuts for crypto
Advocates of the crypto industry in Japan are demanding a revision of the national tax regime for digital assets. The Japan Blockchain Association (JBA), a...
SEC files complaint against Hex founder for allegedly offering unregistered securities
The United States Securities and Exchange Commission has filed a lawsuit against Richard Schueler, better known in the crypto space as Richard Heart, for alleged...
Cardano (ADA) boost as Mithril goes live on mainnet
Cardano’s network will benefit from more efficiency and fast bootstrap after Mithril went live on mainnet. ADA price was flat, but could benefit from new...
Chinese city implements plan for blockchain digital infrastructure system by 2025
The Chinese city of Shanghai issued an implementation plan on July 31 to promote the development of its urban blockchain digital infrastructure system in the...
NFT Collector: On-chain music sounds off with latest raise, artistic duo Hackatao find their lane
Greg Oakford, co-founder of NFT Fest Australia, is your guide to the world of NFTs from a collector’s and fan’s perspective. With Sound’s recent $20...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory Authority (VARA). The exchange secured...
SEC asked Coinbase to list only Bitcoin: FT report
The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to only list Bitcoin. Coinbase CEO Brian Armstrong says the pressure left it no choice...