The United States Department Of Justice Plans To Combat Crypto Crime
The recent policing move by the U.S. Department of Justice is on the heels of crypto use to evade sanctions and other financial misappropriation. The United States Department of Justice (DOJ) has issued a report in response to the Executive Order issued to ensure the responsible development of Digital Assets. Meanwhile, the government has proposed […]
TRON Adds $100 Million Bitcoin, TRX To Strengthen Its Stablecoin Reserve
Justin Sun, the founder of Tron, announced on Tuesday that the TRON DAO Reserve had sent Tether (USDT) worth $100 million to Binance to purchase more BTC and TRX as a reserve. The TRON DAO Reserve continues to buy BTC and TRX to keep its USDD algorithmic stablecoin stable despite market volatility. The transaction led […]
Bitcoin Miners Under Pressure As Mining Revenue Plummets By 56%
Bitcoin miners are under pressure as revenue continues to decline while production costs have been increasing. Also, the crypto market remains bearish and long-term investors lose money. according to a newsletter by On-chain Analytics platform Glassnode. Are Bitcoin miners Aggravating selling pressure? Glassnode seeks to estimate the market’s value from a miner’s perspective by using […]
Checkout.com, Fireblocks partner to launch 24/7 stablecoin settlement
Checkout.com, a global payment processor, in partnership with Fireblocks has launched a new stablecoin settlement system that allows merchants to receive crypto payments from their consumers in real-time. The stablecoin settlement system is centered on Circle’s USD Coin (USDC), the second-largest stablecoin by market value, and allows businesses to convert USDC payments into cash automatically […]
Cronos launches $100M DeFi, Web3 accelerator program
Crypto.com’s Cronos has announced the introduction of a $100 million accelerator program to help drive breakthroughs in areas such as decentralized finance (DeFi), Web3, and Metaverse. The Cronos Accelerator Program, which is driving the initiative, is supported by $100 million and is designed to assist crypto companies in the seed and pre-seed phases that are […]