The market dominance of dollar-pegged stablecoins has shifted somewhat over the past year. While most of them are in a downtrend, Tether, according to data from CoinGecko, it has recovered to record highs.
The company also boosted its US Treasury bills to a new high of more than $53 billion, or 64% of its reserves. Combined with other assets, USDT is now backed by 85% cash, cash equivalents, and short-term deposits, the report said.
Researchers at IT security firm Check Point security have flagged Dingo Token as a potential scam after discovering a feature that allows project owners to manipulate transaction fees of up to 99% of the transaction value.
Shares in several US regional banks tumbled in after-hours trading on May 3, even after Federal Reserve Chairman Jerome Powell called the banking sector "solid" and "resilient" just hours earlier.
Microsoft recently announced a host of new artificial intelligence (AI) features for its Bing chatbot and Edge web browser. Chief among these changes is that Bing users now have full access to the GPT-4 model the same underlying engine that powers ChatGPT's “Plus” subscription service.
Cryptocurrency exchange Coinbase managed to narrow its net loss sharply in the first quarter of 2023, partly due to strong gains from retail investor trading activity
In a swift move to meet the conditions of a deal with the International Monetary Fund (IMF), El Salvador has introduced significant amendments to its Bitcoin laws.
Over 160 executives from global tech companies have penned an open letter to European Union (EU) lawmakers, urging them to carefully consider regulations on artificial intelligence (AI) that do not hinder industries or markets.
Revolut, a crypto-friendly neobank, is preparing to delist several digital assets on its US platform, including Cardano (ADA), Polygon (MATIC), and Solana (SOL).
Bitcoin Depot, a prominent cryptocurrency ATM company in the United States, has completed a merger transaction that will facilitate its transition to a publicly traded entity.
According to a report from Web3 security firm Beosin on June 30. the total value of cryptocurrencies lost to scams, hacks, and fraud in the first half of 2023 is estimated to be $656 million.
The malware, named SparkCat, uses optical character recognition (OCR) technology to scan images on infected devices for crypto wallet recovery phrases.
