Data from Arkham Intelligence has shown that a bankruptcy company, Celsius Network, made a settlement with creditors by transferring approximately $74 million worth of altcoins to be exchanged for Bitcoin and Ethereum.
Circle, the issuer of stablecoin USDC, is planning on launching a stablecoin in Japan, as voiced by CEO and co-founder Jeremy Allaire.
Uniswap Foundation Secretary Erin Koen has announced that the launch of Uniswap v4 is expected to happen within four months of the Dencun hard fork on the Ethereum blockchain.
Despite BTC’s rally to yearly highs, the stablecoin sector has not seen its full benefit, according to Fitch.
The total losses of cryptocurrency projects due to hacks and fraud in April-June of 2023 amounted to $313.5 million, 58% lower than the same period in the previous year as stated by.
Larry Fink, the head of the powerful financial company BlackRock, stated that buying Bitcoin is an effective method of guarding against inflation, instead of investing in precious metals.
Hong Kong has penned a new policy proposal, emphasizing the benefits of a Hong Kong Dollar-backed stablecoin (HKDG), to be issued by the government.
