This Week In Crypto Asia: Japan’s SBI Group Leads the Way with Milestone Alliances, Philippines Evaluates 10,000 BTC Reserve
This week, the crypto scene in Asia revolved around collaborations. Japan's SBI Group emerged as a key player, executing substantial financial strategies with other prominent crypto entities to promote distributed database integration throughout the region. Here’s what unfolded. Japan’s SBI Collaborated With Circle,
Today Crypto News, August 30 – Polygon Cryptocurrency Major Indian Trading protocol Listing: Pig Butchering Crypto Scam Devastates Millions Overnight
Polygon is kicking off the week with renewed vigor as Giottus, a prominent crypto trading protocol in India, has now included QuickSwap's QUICK token in INR and USDT trading pairs. This listing paves the way for an expanded user base in the Indian
Tether Redefines USDT on Legacy Networks as “Not Supported”
Tether is implementing a modification in its approach to managing USDT on certain legacy blockchains it previously backed. Instead of freezing these tokens, the firm is designating them as“unsupported.” This pertains to platforms such as Omni Layer, BTC Cash SLP, Kusama, EOS, and
EtherFi Allocates $500 Million to Bitfinex-Supported Plasma
Plasma is gaining significant momentum within the Decentralized finance sector. Supported by Bitfinex, this Layer 2 focused on stablecoins has just secured a noteworthy strategic alliance. EtherFi, the premier protocol for liquid restaking, is directly integrating its $500 million ETH vault into Plasma.
China Advances with Its Stablecoin: Does the Surge in Conflux Crypto Indicate Smart Money Gathering?
China is edging closer to the exploration of stablecoins, a development that has the potential to transform global payment systems and elevate the yuan's presence on the international stage. Reports indicate that the State Council is currently evaluating a strategic plan that would
![[LIVE] Today’s Crypto asset Update, August 29 – $15 Billion in Bitcoin and ETH Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Vie for Top Crypto to Purchase Right Now](https://i3.wp.com/s.w.org/images/core/emoji/16.0.1/72x72/1f392.png?ssl=1 "[LIVE] Today’s Crypto asset Update, August 29 – $15 Billion in Bitcoin and ETH Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Vie for Top Crypto to Purchase Right Now")
[LIVE] Today’s Crypto asset Update, August 29 – $15 Billion in Bitcoin and ETH Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Vie for Top Crypto to Purchase Right Now
What’s causing the decline in crypto today? Friday, August 29, is a significant day for the crypto space as Binance Futures unexpectedly went offline just as an enormous $15 billion in Bitcoin and ETH options contracts are nearing expiration. The Bitcoin options crypto
Tether Set to Introduce Native USDT on Bitcoin Utilizing RGB Protocol
Tether has announced that its USDT stablecoin, valued at over 167 billion dollars, is set to launch natively on BTC. This will not be via a sidechain or a wrapped version; rather, it will occur directly through a system known as the RGB
Now That Google Distributed ledger Has Arrived, Is It Time to Consider Investing in Alphabet Stock?
Google's entry into the blockchain space is significant, aiming to take command of the market. In a LinkedIn post, Rich Widmann, the head of Web3 strategy at Google, shared fresh insights regarding the Google Cloud Universal Ledger (GCUL). He characterized GCUL as the
Did Bitpanda Just Overlook UK Listing Due to Liquidity Concerns?
Bitpanda sparked conversation within the European fintech circles by deciding against a UK public listing. But what led Bitpanda to overlook the UK as a potential venue for its listing, you might wonder? It turns out that the Vienna-based fintech firm, with backing
Tether and Circle Engage South Korean Banks as the Country Develops Stablecoin Regulatory Guidelines
South Korea is currently engaged in the global effort to regulate stablecoins. The recent initiatives in the U.S., notably the GENIUS Act and the CLARITY Act, have undoubtedly propelled South Korea towards creating a comprehensive regulatory framework. Leaders from the top stablecoin providers
