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07.04.2024

1inch releases Web3 debit card

1inch aggregator, in partnership with Mastercard and Crypto Life, launches the 1inch Card debit crypto card. The card will allow users to pay for purchases and withdraw cash by converting crypto assets into fiat. Available in the UK and EEA countries.

06.04.2024

PayPal will introduce a stablecoin for international transactions

PayPal launches stablecoin PYUSD for commission-free international transfers via Xoom service. Although the scale of adoption is currently limited, this move signifies important progress in the acceptance of stablecoins and their integration into traditional financial systems.

31.03.2024

Tether will undergo an independent security audit

Tether has successfully passed the SOC 2 Type I audit, confirming a high level of data protection and information security. The company plans to undergo annual audits and obtain the SOC 2 Type II certification by 2025 to ensure transparency and accountability to USDT stablecoin users.

29.03.2024

Tether invested $627 million in Bitcoin

Tether, the issuer of the largest stablecoin USDT, continues to strategically invest in Bitcoin. Tether acquired nearly 8,889 BTC worth $627 million in March and around $2.8 billion in January, increasing its BTC reserves to $7.5 billion. The company plans to allocate up to 15% of its profits to purchase Bitcoin on a monthly basis, aiming to become one of the largest BTC holders in the crypto industry.

24.03.2024

SEC officials plan to classify Ether as a security

Ethereum holds above $3000, but the SEC may recognize ETH as a security. The regulator is reviewing applications for spot ETFs and conducting an investigation into the Ethereum Foundation. The SEC chairman previously stated that ether is not a security, but the situation may change after the transition to the PoS algorithm.

20.03.2024

The daily trading volume on exchanges nearly exceeded $100 billion

Cryptocurrency exchange OKX is shutting down operations in India due to regulatory restrictions. Indian users must withdraw their funds by April 30, 2024, after which their accounts will be blocked. OKX has also stopped providing services in Uzbekistan and discontinued USDT trading in the Eurozone.

15.03.2024

USDT will be launched on the Celo blockchain: what are its advantages

The stablecoin Tether (USDT) has updated its historical maximum capitalization, reaching $99.57 billion. The stablecoin market has been recovering since November 2023, reaching $142 billion. The growth is associated with stable demand for USDT and USD Coin (USDC). Tether dominates non-US exchanges, and USDC is growing thanks to an influx of investors and the launch of a Bitcoin ETF in the US. Changes in the capitalization of stablecoins reflect the movement of funds in the crypto-ecosystem

11.03.2024

USDT Market Cap Reaches $100 Billion

The capitalization of the largest stablecoin USDT from Tether reached $99.57 billion. The stablecoin market has been recovering since November 2023 amid strong demand for USDT and USDC. The growth is associated with the influx of investors and the launch of Bitcoin ETFs in the United States. The dynamics of the stablecoin market reflects the movement of funds in the crypto-economy.

08.03.2024

Large companies are switching to stablecoins

According to Peter Jensen, the popularity of sustainable cryptocurrencies will increase due to the “network effect.” Blockchain technology is attracting more and more users, and with each new addition, the value and ease of use of such digital assets increases.

03.03.2024

Healthcare Metaverse Market Forecasted to Grow by 2033

The healthcare metaverse is becoming a reality, finding its niche in telemedicine, patient education, and innovative surgical methods. Experts forecast over 26% CAGR growth, predicting the market will reach $80-100 billion by 2033. New IT drives adoption in Microsoft, Nvidia, Google and Meta. Hardware and augmented reality lead growth as virtual reality also sees increasing demand for training and surgery. Post-COVID, telemedicine rose from 11% to 76% usage in the U.S. More patient shift to remote services will depend on metaverse technologies, potentially further stimulating healthcare market growth.

Binance Restricts Stablecoin Access for EU Users Due to MiCA

Binance will restrict stablecoin trading for European Economic Area residents starting March 31, 2025, due to the new MiCA law. Find out what changes users can expect, including the disabling of margin trading and the exclusion of popular stablecoins from trading.

05.03.2025

Vietnam Prepares to Regulate Cryptocurrency Market

The Vietnamese government has commissioned new proposals to regulate cryptocurrencies, including the creation of a “regulatory sandbox” to test crypto projects. Find out how these measures could change the landscape of the country’s digital asset sector, and what lies ahead for the Vietnamese market amid current legal uncertainty.

02.03.2025

IMF Bans El Salvador from Storing Bitcoin in Public Sector

El Salvador faces new challenges regarding Bitcoin following the IMF's decision to limit the state's involvement in its purchase and use. This article examines the current state of Bitcoin reserves, plans to shut down the national crypto wallet Chivo, and the impact of these moves on the country's economic strategy.

27.02.2025

MetaMask Announces Major Updates for 2025

MetaMask has updated its 2025 roadmap to include Bitcoin support and integration with the Solana ecosystem. Updated fee payment methods and improved security features will provide users with maximum convenience and protection. Learn about new features, including a physical card for the US and the future of smart contract wallets.