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2 mins read
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
3 mins read
"Design in India, Design for the World": PM Modi coins phrase from Red Fort to put thrust on indigenous design capabilities
The prime minister has pitched a new idea, "Design in India, Design for the World". Coining this ne…
ANI
2 mins read
MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown
Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…
Zahra Tayeb
2 mins read
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped …
Harry Robertson
2 mins read
Bitcoin could soar 266% to $250,000 next year if ETF inflows stay strong, Standard Chartered says
Bitcoin could hit $250,000 next year before settling back to a range near $200,000, Standard Charte…
Filip De Mott
3 mins read
Circle's CEO predicted bitcoin will hit $1 million, called gold a relic and said he's 'only just getting started' in the world of crypto in a recent interview. Here are the 10 best quotes.
Jeremy Allaire recently discussed USD Coin, Circle's SPAC listing, and bitcoin's route to $1 millio…
George Glover
4 mins read
Shiba Inu is not only bigger than Dogecoin — it’s now bigger than XRP, Polkadot and USD Coin as the seventh-biggest player in the market
Shiba Inu is now the seventh-largest cryptocurrency in the world, with a market cap of $51.4 billio…
2 mins read
Coinbase removes promise from website that each US dollar coin is backed by an actual dollar
Assets backing up the USD Coin include commercial paper and corporate bonds, according to a July di…
Matthew Fox
3 mins read
Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.
Even as tether's legal troubles ramp up, the stablecoin has in some ways already become less releva…
Ethan Wu
3 mins read
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
USD Coin: Calming market anxiety
From crypto to Stablecoins like USDC - what makes it stable and how does it stack up against other …
1 min read
Dogecoin spikes after Elon Musk says he'll keep buying the cryptocurrency
The coin, heavily championed by the Tesla founder, has lost two-thirds of its value since the start…
Ryan Hogg
1 min read
Binance pauses customer deposits of stablecoins Tether and USD Coin without explanation
Crypto markets have entered a new period of volatility amid the collapse of FTX, the world's second…
Brian Evans
1 min read
SEC chief Gary Gensler says crypto exchanges are 'market making against their customers'
The SEC chief warned the lack of separations between services like custody, market-making, and prov…
Brian Evans
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
9 mins read
Top 6 stablecoins in the crypto market — what are they, how they work and why they have governments worried
Stablecoins perform an important role of being an intermediary store of value. According to some ex…
1 min read
Binance adds to stablecoin mystery by resuming Tether deposits while keeping out USD Coin
Binance resumed deposits of Tether on Friday, a day after an unexplained pause, while USD Coin rema…
Brian Evans
3 mins read
Indian crypto exchanges, influencers fall prey to hacks promoting crypto scam
Exchanges like WazirX, CoinDCX and CoinSwitch Kuber were amongst the ones affected.YouTubers like A…
2 mins read
Crypto is not a viable long-term form of private money and stablecoins are equivalent to poker chips at the casino, SEC chief says
"I don't think there's a long-term viability for 5,000 or 6,000 private forms of money," SEC chief …
Carla Mozée
2 mins read
Bullish sentiment toward crypto assets increases with 8 of 10 people seeing bitcoin bounce above $56,000 by year's end, says Voyager Digital
Cryptocurrency-asset broker Voyager said 85% of respondents to its sentiment survey believe bitcoin…