A Beginner’s Guide to Investing in Altcoins
With the rise of altcoins, it’s essential to have a solid understanding of what they are and how to invest in them. This article will provide a beginner’s guide to investing in altcoins. We’ll cover what altcoins are, how to choose the right ones, and the steps to take to make your first investment. What […]
IOSCO prepares crypto regulation report for 2023
The International Organization of Securities Commissions (IOSCO) will initiate a consultation for its regulation report on crypto assets. It is expected to share its vision of stablecoin arrangements, decentralized finance, and “finfluencers.“ The dates are included in IOSCO’s work timetable for 2023 and 2024. The plan of IOSCO’s Fintech Task Force includes two main workflows […]
Alameda-linked wallet transferring stablecoins amid USDC’s depeg
A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms Cumberland and GSR Markets. After that initial transfer, stablecoins worth $188.5 million were once more transferred on March 14 from three other accounts connected to FTX and Alameda to other major exchanges. On March 13, […]
Binance switches to multiple stablecoins, ends conversion policy
Binance suspends its BUSD auto-conversion for new deposits of the USDC, USDP, and TUSD stablecoins amid Circle’s Dollar Coin (USD) depeg. On Saturday, Changpeng “CZ” Zhao, CEO of Binance, said that the company would no longer maintain its Binance USD (BUSD) Auto-Conversion policy, which had been in place since last September. Surprisingly, the action was […]
BitMEX co-founder proposes Bitcoin-based stablecoin
The crypto community members are coming up with new suggestions for stablecoins following regulatory scrutiny. Arthur Hayes BitMEX co-founder has proposed a stablecoin that aims to be entirely free from any movements of USD. A new stablecoin with a value indexed to $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD […]