Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: Benjamin Lee
Crypto Wallet Ledger Now Lets Users Borrow Stablecoins Against Their Bitcoin Without Giving Up Self-Custody
Crypto hardware wallet maker Ledger is rolling out a new feature that lets users borrow stablecoins against their Bitcoin (BTC) without giving up custody of their…
Visa Says Bank-Level Fraud Protection and Deposit Insurance Could Unlock US Stablecoin Adoption
Visa is releasing a new report showing how bank-level protections could significantly boost American interest in using stablecoins to send money abroad. The survey of more…
Cross-border stablecoin transfers are surging nearly 78 percent over the past year even as the broader crypto market experiences a sharp decline. Transfers of the dollar-pegged…
Targeting Trump, California Governor Gavin Newsom Signs Bill Banning Public Officials From Issuing Memecoins
California Governor Gavin Newsom signed a bill on Sunday that bans state public officials from launching memecoins. In addition to the ban on state officials, California…
Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report
Iran has been leaning on Tether’s dollar-pegged USDT to dodge a U.S. sanctions dragnet and move money for the regime and proxies such as Hezbollah, according…
Cardano’s (ADA) recent price surge is running into fresh headwinds from fading trader interest and large-holder exits. Futures open interest for ADA has dropped 9% over…
CoinEx Crypto Exchange Is Shutting Down Three Years After Exiting US Market – Here’s the Deadline for Withdrawals
A cryptocurrency exchange is closing its doors after nearly a decade in business. CoinEx, which has its operating headquarters in the Seychelles, says it is entering…
America’s Sixth-Largest Bank Launches Dollar-Backed Stablecoin for Cross-Border Transfers
A major billion-dollar bank is executing a live pilot of its proprietary dollar-backed stablecoin on a public blockchain to move funds across borders. U.S. Bank, which…
JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21…
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State
A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for failing to block access.…