Circle to cease minting USDC on Tron network effective immediately

The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”

Circle to cease minting USDC on Tron network effective immediately

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin, says it will discontinue support for the token on the Tron blockchain, saying the decision aligns with “efforts t...

6 months ago

Winklevoss twins donate $4.9M to crypto super PAC Fairshake

Fairshake, a political action committee supported by Coinbase and a16z, has a $73 million war chest to oppose anti-crypto candidates and support those in favor of digital assets.

Winklevoss twins donate $4.9M to crypto super PAC Fairshake

Tyler and Cameron Winklevoss have donated $4.9 million to the crypto-focused Fairshake super political action committee (PAC) to support crypto-friendly candidates in the upcoming United States ...

6 months ago

Japanese cabinet approves crypto assets for investment by venture capital firms

The Japanese cabinet has approved the inclusion of cryptocurrencies among the assets that local investment limited partnerships (LP) firms can acquire or hold.

Japanese cabinet approves crypto assets for investment by venture capital firms

In a move announced by the Ministry of Economy, Trade and Industry on Feb. 16, VCs engaged in crypto now have more regulatory clarity. The change is aimed at bolstering the strategic i...

6 months ago

Mysterious Ethereum Whale Accumulates Over $150M in ETH as Price Targets $3K: Data

Increasing Ethereum whale activity has driven the altcoin’s price to almost $3,000.

Mysterious Ethereum Whale Accumulates Over $150M in ETH as Price Targets $3K: Data

ETH has been experiencing a surge alongside the overall market’s rebound, climbing nearly 20% in the last week. With a significant rise approaching $3,000, the altcoin’s price increa...

6 months ago

Liquid restaking protocols surge past $3.5 billion in total value locked

The total value locked in liquid restaking tokens now exceeds $3.5 billion.

Liquid restaking protocols surge past $3.5 billion in total value locked

The total value locked in liquid restaking protocols has surpassed $3.5 billion, indicating the niche’s growing interest among Ethereum investors. Protocols such as Etherfi, Renz...

6 months ago

Mumbai metaverse initiative showcases city’s infrastructure revolution

The Mumbai Metropolis Metaverse will help citizens virtually monitor the progress of the megaprojects around the city that impact their day-to-day lives.

Mumbai metaverse initiative showcases city’s infrastructure revolution

Mumbai, the financial capital of India, debuted a metaverse initiative to exhibit newly launched and upcoming city-wide infrastructure megaprojects. The Mumbai Metropolis Metaverse was...

6 months ago

Japan seeks to allow certain VCs to invest directly in crypto and Web3 startups

The proposed revision to existing law, if enacted, could be a huge opportunity for Web3 startups in Japan, one local expert said.

Japan seeks to allow certain VCs to invest directly in crypto and Web3 startups

The Japanese cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnerships can acquire or hold, the Ministry of Economy, Trade and Indu...

6 months ago

OFAC sanctions entities behind Iran’s digital currency program

The U.S. Treasury sanctioned entities for illegally exporting technology to Iran, including one that developed Iran’s central bank digital currency platform.

OFAC sanctions entities behind Iran’s digital currency program

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a press release that on Feb. 14 it imposed sanctions against a network of entities resp...

7 months ago

Trader Joe surpasses PancakeSwap to become the second-largest DEX on Avalanche

Trader Joe’s meteoric rise on Avalanche

Trader Joe surpasses PancakeSwap to become the second-largest DEX on Avalanche

In a significant development within the decentralized exchange (DEX) landscape, Trader Joe has emerged as a dominant force on the Avalanche blockchain, surpassing PancakeSwap to claim the title ...

7 months ago

US Treasury reports minimal crypto use in financing Hamas activities

A United States Treasury official has clarified that cryptocurrencies play a minimal role in financing the operations of militant groups

US Treasury reports minimal crypto use in financing Hamas activities

Brian Nelson, the Treasury’s Undersecretary for Terrorism and Financial Intelligence, addressed misconceptions during a testimony before the House Financial Services Committee on...

7 months ago

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