Circle USDC Modifies Stablecoin Reserves to Avert U.S. Debt Defaults
Circle, the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has adjusted its reserves treasury to reduce exposure to potential United States debt defaults...
Category : News
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Coinbase Faces Backlash for Calling Pepe Memecoin A Hate Icon
Coinbase, a notable cryptocurrency exchange, has come under fire from the Pepe memecoin community for describing the Pepe meme as a “hate symbol” in an...
Crypto Exchange OKX Tackles Rival Coinbase Via New Ad Campaign
Cryptocurrency exchange and company, OKX, took a swipe at rival Coinbase in its latest global ad campaign, titled “The System Needs a Rewrite,” which was...
President Biden Targets $18B Crypto Tax Loopholes as Community Reacts
United States President, Joe Biden, tweeted on May 9 about closing “tax loopholes” that allegedly benefit wealthy crypto investors, drawing reactions from the online crypto...
Trader Spends $120,000 in Gas Fees to Purchase a Memecoin worth of $155,000
A trader reportedly spent a whooping 64 Ethereum (ETH) on gas fees while purchasing a memecoin called Four ($FOUR), raising concerns about the high costs...
Paxful Exchange Reopens Marketplace Following Month-long Suspension
Paxful, a peer-to-peer crypto marketplace and company, has resumed operations after a month-long suspension that began in April according to its website blog post. ...
A Memecoin Whale Suffers a $600,000 Loss as Pepe Token Experiences a Steep Decline
An anonymous memecoin investor who had bought approximately $3 million worth of Pepe tokens is currently grappling with an impermanent loss of around $600,000 according...
Coinbase Records Remarkable Q1 Growth as CEO Brian Armstrong Reacts
Cryptocurrency exchange Coinbase recorded 7.9% growth in quarter one as CEO Brian Armstrong stated that the milestone was a significant turning point for the company,...
Centralized Crypto Exchanges Experience Trading Volume Decline
Centralized cryptocurrency exchanges have recorded a significant decline in trading volumes in April for the first time in three months, according to a May 3rd...
FTX Pursues $4 Billion Recovery from Genesis in Bankruptcy Battle
The Collapsed cryptocurrency exchange and business, FTX, is embroiled in a legal battle to recover approximately $4 billion from bankrupt crypto lender Genesis and a...