On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a
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Crypto Company Circle Seeks To Become Global Digital Currency Bank
The company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency
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The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of
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Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily
Read moreCommercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny
Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As
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Regulators scrutinizing Tether’s commercial paper reserves: Comptroller of the Currency
Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves.
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