Circle Internet Financial, the issuer of the USDC stablecoin (USDC), announced yesterday that it is discontinuing the ability for individual accounts to create stablecoins. A spokesperson from Circle told CoinDesk that the company is “phasing out support for legacy consumer accounts” and has informed the affected users about this change. However, this restriction will not apply to business or institutional […]

The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media post from the Floki team and a blog post from Bitget.  The Floki team claimed that Bitget listed the token before it […]

Steven Wieting, Chief Investment Strategist & Chief Economist at Citi Global Wealth Investments, appeared on CNBC on 31 October 2023 to offer an in-depth analysis of the Federal Reserve’s latest monetary policy decisions and their implications for the economy. Wieting began by stating that any pause in the Federal Reserve’s actions at this stage would be hawkish. He emphasized that […]

Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has been on an impressive tear, surging by just over 20% in the past ten days. Notably, on Monday, ADA managed to tap the $0.30 mark, a level last witnessed in August. These remarkable gains come on the back of a broader resurgence in the cryptocurrency market, led by Bitcoin in the […]

Pro-XRP lawyer Bill Morgan shares positive news with the XRP community regarding XRP Healthcare, the first pharma and healthcare platform on the XRP Ledger (XRPL). In a historic move following Ripple Labs, XRP Healthcare announces expansion into the thriving healthcare markets of Dubai and the Middle East. XRP Healthcare Focus On The Middle East According to a press release, XRP […]

Supply and demand dynamics could mitigate concerns of a potential Bitcoin (BTC) market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn. The co-founder of the Netherlands-based cryptocurrency exchange weighed in on Bitcoin-related market movements in conversation with Cointelegraph during the European Blockchain Convention held in Barcelona. Related: There are now nearly 40M Bitcoin […]

Sam Bankman-Fried is making crucial legal maneuvers to secure a not-guilty verdict in his ongoing infamous fraud trial. His defense team, in what they deem to be a strategic move, has submitted a letter to the judge, making it clear that they are anticipating a not-guilty verdict. What the Letter Says The letter outlines the proposed jury instructions along with […]

Coinbase’s latest report highlights the swift momentum in financial asset tokenization as interest rates surge beyond 5%. However, in the coming 1-2 years, this trend will get even bigger from changing regular assets like bonds and agreements into digital tokens. The Evolving Role of Tokenization In a report published on Monday, October 30, Coinbase pointed out that the tokenization of […]

FTX, the fallen cryptocurrency exchange, recently transferred an eye-watering $106 million in various digital assets, igniting conversations and potentially sparking concerns among Solana (SOL) investors.  Blockchain analysis firm Lookonchain dropped a bombshell tweet on October 31, revealing that FTX and its parent firm Alameda moved digital assets including SOL, RNDR, ETH, MKR, REN, and GRT. The transfer was not an […]