Republican Senator Ted Cruz has introduced a bill to block the United States Federal Reserve from launching a “direct-to-consumer” central bank digital currency. In a March 21 statement, Cruz said he introduced the bill to prevent the Fed from developing a retail CBDC, “which could be used as a financial surveillance tool by the federal...
Australian crypto wallet Stables has announced a partnership with payment processor and USDC issuer Circle. The fiat-only and stablecoin-only Stables Wallet will introduce Mastercard digital debit card support, which will allow users to pay in USDC at all merchants that accept cards from one of the world’s leading payment processors. The American platform Marqeta will...
Binance and four other exchanges announced the listing of the native token of the Arbitrum project and the start of trading after the airdrop planned by the developers on March 23. On the largest crypto exchange, Arbitrum (ARB) spot trading will be available in pairs with Bitcoin and Tether (USDT). In addition, the exchange will...
The bitcoin exchange rate has exceeded $28.000 and has updated the maximum since June 11, 2022. According to CoinGecko, on the evening of March 19, the value of the first cryptocurrency reached $28,509. Over the past 24 hours, the price of BTC has increased by 2%. The market capitalization of the first cryptocurrency is $535...
The FBI, Europol and law enforcement agencies of several European countries stopped the operation of the ChipMixer cryptocurrency mixing service and seized bitcoins worth €44 million, the EU police service reported. The German and US authorities, with the support of the special services of Belgium, Poland and Switzerland, have disabled the platform’s infrastructure. During the...
Crypto exchange OKCoin has suspended the ability for customers to deposit US dollars to the platform due to the collapse of Signature Bank. This was announced on Twitter by the CEO of OKCoin and the president of the OKX exchange, Hong Fang. According to her, the restrictions did not affect the withdrawal function, and the...
Binance will withdraw from the BUSD stablecoin assets from its Industry Recovery Initiative (IRI) crypto industry assistance fund, to which the company previously sent $1 billion, Changpeng Zhao, the head of the exchange, said. The remaining funds in the fund will be converted into cryptocurrencies such as Bitcoin, Ethereum and BNB. “Given the changes in...
The rates of USD Coin and DAI stablecoins began to restore their binding to the US dollar. The cost of USDC, which fell to $0.87 on March 11, rose to the levels of $0.98–0.99 on March 13, the DAI token, after falling to $0.88, also rose in price to $0.98–0.99. The USD Coin and DAI...
The head of the Huobi crypto exchange, Justin Sun, explained the collapse of the exchange rate of the native token HT exchange by 93% with “market behavior”. On the night of March 9-10, the cryptocurrency fell in price from $4.6 to $0.31 in ten minutes, after which it recovered to $3.87. According to CoinGecko, the...
Tether counted 84 “revealing” articles about itself published in The Wall Street Journal (WSJ) during the year. The issuer of the largest stablecoin by capitalization, USDT, has published material complaining that “it continues to be the object of outdated, inaccurate and misleading coverage and accusations” by a major publication. The company calculated that the year...
