Tether continues to cut back on commercial paper since March
In order to dispel speculations, the stablecoin issuer declared last month that it will be eliminating all commercial paper from its holdings. According to plans, Tether is lowering its holdings of commercial paper, the stablecoin business announced on Friday. According to initial plans revealed last month, it has met the target amount of $8.4 billion […]
Experts weigh in on the MiCa crypto rule proposed by European Union
Following the recent approval MiCa, experts have responded to the approval of Markets in Crypto-Assets with a range of viewpoints, from endorsing the choice to pointing out its negative consequences. The Markets in Crypto-Assets (MiCa) framework, which defines guidelines for crypto asset service providers (CASPs) to operate within the Europe zone, was recently approved by […]
Argentina seizes bitcoin wallets from people who have unpaid taxes
The country’s tax authorities have confiscated more than 1,000 bitcoin wallets connected to overdue taxpayers in Argentina. In Argentina, judges have ordered the seizure of 1,269 bitcoin wallets belonging to people who owe money to the country’s Federal Administration of Public Income, according to a report by local media site iProUP (AFIP). In May, AFIP […]
Polygon, Fantom face network attack
Ankr, a blockchain infrastructure provider, announced that hackers were targeting its Remote Procedure Calls (RPC) services which it offers to Polygon and Fantom. The chief information security officer at 0xPolygon, Mudit Gupta, revealed on Twitter that a DNS hijack has compromised Ankr’s RPC gateway for Polygon (polygon-rpc.com) and Fantom (rpc.ftm.tools). He further emphasized that his […]
The Open Network (TON) Foundation launches domain name service
The Open Network (TON) Foundation is introducing a service similar to the Ethereum Name Service (ENS) with the auction of its first “.ton” domain names on July 30. The debut of TON DNS, a new service that enables users to give human-readable names to cryptocurrency wallets, smart contracts, and websites, was announced by the TON […]