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binance - usdc

Binance will stop supporting rival stablecoin USDC

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Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans. As a result of the move, the world’s largest crypto exchange...

Front page, News, Stablecoins

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Avalanche + Amazon

Avalanche accused of using lawsuits to cripple rivals

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In a series of undercover films revealed Friday, attorney Kyle Roche bragged of his strong relationships with blockchain creator Avalanche and said he had launched spurious litigation to harm his rivals. The native token of Avalanche, AVAX, dropped by around 11 percent when the claims surfaced, however, it has subsequently recovered to some extent. In terms of market cap, AVAX ranks 16th. Slander and legal tactics On Monday,...

Altcoins, Cryptocurrencies, Front page, News

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tornado cash

The US bans the Ethereum mixing tool Tornado Cash 

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In a notice made on Monday, the US Treasury Department placed the Tornado Cash website and a huge variety of Ethereum addresses on its Specially Designated Nationals list, prohibiting American citizens from utilizing the service or doing transactions with these addresses. What is Tornado Cash? Tornado Cash is an Ethereum network “mixer.” It enables Ethereum users to transmit ether (ETH) or ERC-20 tokens to the service to be...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, News

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crypto today

Crypto Today: Thousands of Solano wallets hacked; Michael Taylor steps down as CEO of MicroStrategy; RobinHood lays off nearly a quarter of its employees

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Targeting Solana, hackers stole bitcoin from “hot” wallets. Despite the prevalence of attacks on blockchain platforms, Solana remains one of the fastest and cheapest digital asset trading ecosystems. The cryptocurrency (SOL) and blockchain-compatible USDC were stolen by cybercriminals. Independent professionals and security organizations believe that the ongoing assault has caused $8 million in damages. Solana has been the...

Bitcoin, Cryptocurrencies, News

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Inflation: This is what US,000 looks like in Argentina

Inflation: This is what US$2,000 looks like in Argentina

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Inflation is a problem that has plagued Argentina for approximately 70 years. The current situation is one of the worst on record, as the Argentine peso has depreciated sharply against the US dollar since early 2019. This has led to a drastic increase in prices, which means that local residents have to spend more and more money to buy basic goods such as food and medicine, and many are struggling to maintain their lifestyles. ...

Crypto adoption, Cryptocurrencies, Front page, News

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