G20: Stablecoins Are Unstable
None of the existing stablecoins meet the standards set for digital assets by the central banks of the largest economies.
USDC’s Capitalization Falls by 12%
The USDC supply topped $56 billion, but it has fallen 12% over the past month.
Binance Will Invest Over $1B in Business Expansion
Cryptocurrency exchange Binance plans to invest more than $1 billion in business expansion by the end of the year .
Bitcoin Mining Difficulty Reaches a New Record
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
Portugal May Soon Pass a Law on Crypto Traders Taxation
Portugal may introduce starting next year a 28% tax on income from transactions with digital currencies.
US Drug Dealer Accused of Using BTC to Launder $5.3M
A Northern District of California jury has charged a local resident with using cryptocurrencies to launder more than $5.3 million in drug proceeds.
Hodlers Accumulate a Record Amount of BTC
Analysts at Ark Invest have found that long-term investors or so-called hodlers have been buying up bitcoins over the past few months.
