Press Release

Brazilian stablecoin issuer ECSA secures $3 million in pre-seed funding round with backing from Y Combinator and others

ECSA, a Brazilian stablecoin issuer using blockchain technology, announced today that it has raised $3 million in a pre-seed investment round. The funding.

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Crypto News

New York Regulator Confirms Crypto Did Not Sink Signature Bank

Signature Bank was closed down by federal regulators in mid-March, citing worries about the crypto-focused bank’s systemic risks. However, in its customary flurry.

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Crypto News

Latin America’s Largest Investment Bank, BTG Pactual, Launches Dollar-Pegged Stablecoin

BTG Pactual announced the launch of BTG Dol on April 4. According to the investing firm, it is the world’s first bank-backed stablecoin..

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Blockchain News

Is It Safe to Hold BUSD as Binance Goes on Conversion Spree?

Recent scrutiny and FUD (fear, uncertainty, and doubt) surrounding Binance and its affiliated BUSD (Binance USD) stablecoin have raised concerns about the digital.

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Crypto News

Japan’s FSA Cracks Down on Crypto Exchanges: Bybit Among Those Warned for Registration Violations

The Financial Services Administration of Japan has made moves to regulate cryptocurrency exchanges in the country. The agency issued a warning to four.

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Blockchain News

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

According to Kaiko’s head of research, Binance‘s market share may decrease after the world’s largest cryptocurrency exchange by trading volume eliminated the majority.

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Blockchain News

TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost

Over the majority of Thursday and Friday, TUSD’s 24-hour trading volume exceeded $1 billion, according to CoinGecko. It is a huge improvement over.

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Crypto News

Circle’s USDC stablecoin sees market cap plunge $10 billion over past two weeks

The market capitalization of Circle’s USDC stablecoin fell to approximately $32.5 billion, representing a decline of approximately $10 billion over the past two.

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Blockchain News

Circle Calls for Direct Holding of USDC Reserve by Federal Reserve

Circle, the USDC stablecoin’s issuer, has advocated for the direct deposit of stablecoin reserves with the US Federal Reserve. On March 28, the.

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Crypto News

‘Surgical removal’ of Crypto Will Only Weaken USD Dominance, Commentators Say

The US crackdown on cryptocurrencies and corporations would only hinder crypto-related innovation and “weaken” the country, according to industry commentators following Coinbase’s latest.

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