Qredo receives approval to provide crypto services in El Salvador
Qredo, a decentralized finance company, has been approved as a Bitcoin (BTC) service provider in El Salvador. The move adds the company to a list of registered Bitcoin service providers in the country. The Central Reserve Bank of El Salvador accepted Qredo’s registration as a recognized Bitcoin service provider, according to the country’s Bitcoin Law, […]
CFTC commissioner appoints CME Group director Bruce Fekrat as chief counsel
Kristin Johnson, one of five commissioners of the US Commodity Futures Trading Commission, or CFTC, has announced the addition of a CME Group executive director with experience in cryptocurrency to her team as chief counsel. Johnson said on Thursday that Bruce Fekrat will be her chief counsel at the CFTC beginning June 1. Fekrat spent […]
Luna Foundation Guard adds 37,863 BTC worth $1.5B to its reserve
The Luna Foundation Guard (LFG) has added 37,863 valued at $1.5 billion to its reserves following a partnership with Genesis Trading and Three Arrows Capital. According to the business, the agreement involved a $1 billion over-the-counter swap with Genesis in exchange for $1 billion in UST and a $500 million BTC buy from Three Arrows […]
Ethereum To Undergo Another Update, One Step Closer To The Merge Event
Ethereum will undergo yet another significant update bringing it closer to the Merge update which will switch the network’s consensus algorithm from Proof-of-Work to Proof-of-Stake Ethereum Network To Undergo Another Update Ethereum will undergo yet another significant update, bringing it closer to the Merge update, which will switch the network’s consensus algorithm from Proof-of-Work to […]
TRON DAO New Algorithmic Stablecoin USDD Goes Live
The founder of TRON announced on Twitter that the TRON DAO Reserve has rolled out a decentralized stablecoin named USDD It was announced on Twitter by Justin Sun, who is the founder of TRON, that the TRON DAO Reserve had created a decentralized stablecoin called USDD. It has been listed so far on Sunswap and […]