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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.

01.03.2024

Bitcoin Takes Second Place in NFT Sales Volume

The NFT market is gaining momentum in early 2024, opening up investment prospects. Experts record a 17.3% monthly growth hitting $1B in February 2024. Leading blockchain platforms like Ethereum and Bitcoin see an increase in trading volume and user activity. Top NFT marketplaces are Blur and OpenSea. Investing options include direct purchases for resale, NFT lending, index projects, and ERC-20 tokens. Despite risks, the NFT sector attracts investors as profits often exceed those from stocks or forex.

SEC Clarifies Disclosure Requirements for Crypto Companies: New Transparency Standard

The SEC has published new clarifications for crypto companies on how to properly disclose information about their activities. The document details the requirements for describing the business model, stage of development, mechanisms for generating profits, technical infrastructure, and use of crypto assets. Find out how to meet the regulator's expectations and avoid violations.

11.04.2025

Bitcoin and Gold as Safe Havens in the US Trade War

Grayscale experts predict growth of Bitcoin and gold against the backdrop of economic instability and dollar devaluation. They note that in the context of trade wars, investors are looking for capital protection in alternative assets.

10.04.2025

Ripple Acquires Hidden Road for $1.25 Billion: A Bet on Institutional Markets

Ripple has announced a landmark acquisition of multi-asset prime broker Hidden Road for $1.25 billion, underscoring its strategic ambitions to bridge the gap between traditional finance and decentralized technology.

07.04.2025

US DOJ Disbands NCET Crypto Unit: Focus on Investor Protection

The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Unit, shifting its focus to investigating fraud against investors. The new strategy comes as the Trump administration has shifted its digital asset regulatory policies.