Tether Treasury has minted 1 billion USDT, equivalent to $1,000,485,000, on the Tron network, per an update on July 12. Just two months after its previous billion-dollar mint on April 21, the stablecoin issuer has once again achieved a billion-dollar…
United States law enforcement agents slammed wire fraud and money laundering charges against a former security engineer from New York. He is accused of hacking a decentralized exchange (DEX) and stealing $9 million in July 2022. The development marks the…
The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during the 2021…
Blockchain developer Pedro Magalhães claims that he has successfully reverse-engineered the source code of Brazil’s pilot central bank digital currency (CBDC). He revealed the existence of functions that empower a central authority to freeze funds or reduce balances. While concerns…
Bitcoin (BTC) metrics signal mixed sentiments amid the recent spike to $31,000. Notably, while the number of new addresses on the bitcoin network recently surged to a three-month high, a drop in fees to a four-month low might suggest decreasing…
Mox Bank, an online-only bank in Hong Kong, blocked some user accounts previously involved in crypto transactions. Some complain they have nothing to do with digital currencies. Although the virtual bank started to review the issue, some users have pointed…
Rodrigo Seira, special counsel at crypto investment firm Paradigm, has criticized the US SEC for what he considers an unjustified pursuit of crypto exchange Bittrex in its attempts to regulate secondary crypto markets. In a Twitter thread on July 11,…
