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The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.
Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such as Russia...
UBS Asset Management is unveiling its first tokenized investment fund on the leading smart contract platform Ethereum (ETH).
In a statement, the global wealth manager and multinational investment bank says the UBS USD Money Market Investment Fund Token (uMINT) will be made available through authorized distribution partners.
The Swiss firm with over $5.7 trillion in assets under management as of...
A deep-pocketed investor who is looking to make tens of millions of dollars from crypto betting platform Polymarket reportedly says that he has no political motivation behind putting his money on Donald Trump to win the upcoming US election.
According to a new report by The Wall Street Journal (WSJ), a French national calling himself “Theo” who is betting over $30 million on Trump to win the...
Banking giants and government regulators are reportedly raising the alarm over a new kind of fraud designed to slip through traditional security measures.
Santander, HSBC, TSB Bank, the U.S. Federal Trade Commission (FTC) and the UK National Cyber Security Centre are issuing warnings about “quishing,” reports the Financial Times.
Quishing, or QR code phishing, is a new type of fraud campaign...
China is reportedly considering a massive stimulus package as the country looks to breathe new life into its ailing economy.
The second-largest economy in the world may approve a fiscal stimulus worth 10 trillion yuan or $1.4 trillion as soon as next week, reports Reuters.
The country plans to raise fresh debt in the coming years by issuing special sovereign treasuries along with local...
At least $24 billion in World Bank funds for climate initiatives are unaccounted for, according to a new report.
Somewhere between $24 billion and $41 billion in climate financing – potentially 40% of all the funds sent to the World Bank for climate change initiatives – has gone missing due to poor record-keeping practices, reports the international aid organization Oxfam.
Oxfam says it...
The chief executive of digital asset insights firm CryptoQuant says stablecoins are witnessing increased adoption via use-case expansion.
CryptoQuant’s Ki Young Ju tells his 368,500 followers on the social media platform X that the total market cap of stablecoins is exploding for reasons other than digital asset trading on exchanges.
The on-chain analyst’s data shows that only about one in five...
Economist Alex Krüger is revealing his scenarios for Bitcoin (BTC) during election night in the US, saying that a fast move could be coming for crypto markets.
The trader tells his 185,000 followers on the social media platform X that in the event of a Trump victory on election night, Bitcoin could “shoot straight up” immediately after.
If Kamala Harris comes out on top, Krüger says that Bitcoin...
A veteran crypto strategist is issuing a dire warning on Bitcoin, saying that BTC is in danger of plummeting to the $50,000 price level.
In a new video update, pseudonymous analyst DonAlt tells his 62,500 YouTube subscribers that a Bitcoin weekly close below $70,000 opens the door for another round of cascading liquidations for BTC.
DonAlt believes that Bitcoin’s recent climb above $70,000 is...
Leading smart contract platform Ethereum (ETH) is flashing a signal for a potential bounce, according to a popular crypto analyst.
The digital asset trader Ali Martinez tells his 76,700 followers on the social media platform X that ETH’s Tom DeMark (TD) Sequential Indicator presented a bullish signal on its four-hour chart.
Traders use the TD Sequential Indicator to predict potential trend...