Binance Continues Support for PEPE, WIF, ENA, WLD, Others
Binance’s expansion of cryptocurrency support, including Pepe Coin, dogwifhat (WIF), and Worldcoin (WLD), sparks community speculation on price impact. Leading cryptocurrency exchange Binance announced that it will be adding more support for cryptocurrencies, including Pepe Coin, dogwifhat (WIF), and Worldcoin (WLD). This statement has generated criticism. The cryptocurrency community responded favorably to this decision, and […]
Blockdaemon to Expand in Abu Dhabi, UAE
Blockdaemon to expand into the UAE with a new office and entity in Abu Dhabi, approved by the local Registration Authority of ADGM. Blockchain infrastructure company Blockdaemon has announced that a new office and entity will be established in Abu Dhabi, expanding its presence in the United Arab Emirates. In an announcement, the organization disclosed […]
Philippines Commences Sandbox Testing for Peso-Backed Stablecoin
Philippines central bank greenlights trials for PHPC, a peso-backed stablecoin, in partnership with Coins.ph under the Regulatory Sandbox Framework. In regulated trials, the central bank of the Philippines will launch a national stablecoin pegged 1:1 to the local peso. A pilot program for PHPC, a stablecoin supported by the Philippine peso, was authorized by the […]
Tether CTO Criticizes Ripple Chief for USDT Comments
Ripple CEO predicts US government‘s scrutiny on Tether, prompting rebuttal from Tether CTO. Brad Garlinghouse, CEO of Ripple, stated in his most recent interview that Tether (USDT) would be the next target of the United States government in cryptocurrency. Given the US government’s efforts to implement regulations on stablecoins, it may target market leaders such […]
Runes Protocol Records Notable Decrease
Runes protocol witnesses substantial activity decline post-launch, particularly on May 10th, with fewer new mints and wallet interactions. Activity on the Runes protocol has decreased substantially since its first week of commerce. Compared to the preceding periods, there was a significant decrease in activity on May 10th, as very few new mints and wallets engaged […]