Crypto News

Tether will conduct a comprehensive audit with one of the top 12 accounting firms to increase the transparency of its USDT reserves.Tether, the biggest stable coin in the world with $68 billion in assets, will conduct a complete audit…
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Cardano has delayed the release of its Vasil hard fork update until the last week of July.Cardano's development firm, Input-Output Global, has delayed the network's long-awaited Vasil hard fork update. The team reports having seven…
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Simon Dixon, the co-founder of BnkToTheFuture, has suggested a recovery strategy similar to the one used by Bitfinex after its Bitcoin attack in August 2016 — enabling users to be paid for their losses with tokens related to the platform's…
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Do Kwon, the CEO of Terraform Labs, a cryptocurrency ecosystem that caused investors severe losses when both its stable coin TerraUSD and token Terra (LUNA) crashed, has turned to Twitter to express his most recent thoughts on the recent…
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Although the President earlier referred to the legislation as creative, his concerns surrounding anti-money laundering procedures have prompted the cabinet to reopen a discussion on the bill.The President of Panama, Laurentino Cortizo,…
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Kazakhstan is preparing to establish a prototype cryptocurrency operation in the Astana International Finance Centre economic zone. This will make it possible for exchange platforms to operate legally in the Astana International Finance…
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The Trust Project is an international coalition of news companies tasked with developing transparency standards.With Coinbase, BlockFi, and Crypto.com all laying off employees, Kraken has restated its ambition to fill over 500…
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Vitalik Buterin, a co-founder of Ethereum, has expressed doubt about the likelihood of cryptocurrencies assuming control of the global financial system.Reuters reported on June 16 that Buterin expects conventional and government-backed…
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Tether anticipates reducing the backing of USDT with commercial paper to $8.4 billion by the end of June 2022, and ultimately eliminating it entirely.Tether, the largest stablecoin firm, intends to ultimately eliminate the commercial…
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As one of the worst bear markets for the entire cryptocurrency sector unfolds, the chiefs of some of the world's largest financial institutions, including the governor of the Bank of England, are citing it as an argument against the new…
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