Tether, the company behind the largest stablecoin by market cap, is reportedly allowing its customers to send funds through Signature Bank’s payments platform giving the company access to U.S. banks.
On Monday, the S&P 500 and Nasdaq experienced slight declines as investors prepared for the release of consumer and producer price data later in the week.
The crypto community is debating whether SMS two-factor authentication (2FA) should be used for account security following news that a Coinbase customer is suing the cryptocurrency exchange for $96,000.
Lawyers representing FTX founder Sam Bankman-Fried said it may be necessary to delay the criminal trial of the former cryptocurrency exchange executive to give him more time to prepare his defense.
Investment manager VanEck has initiated a marketing campaign for its upcoming Ethereum coin futures exchange-traded fund (ETF). Analysts speculate that this ETF could launch as early as October 2.