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Shiba Inu ecosystem is gearing up for another significant milestone as the project’s team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community. Given that stablecoins are essential for providing price stability and improving utility, this announcement has generated a…

Tether, the issuer of the USDT stablecoin, announced its collaboration with Phoenix Group and Green Acorn Investments to develop a new stablecoin pegged to the United Arab Emirates Dirham (AED). The initiative is set to “lead the way” in seeking licensing under the country’s new regulatory framework and facilitate transactions….

Crossing above $2,500 per ounce at $2,531, gold prices have reached a fresh record high. Rising hopes of US Federal Reserve interest rate reductions could be the impetus for this movement. Investors seeking the security of gold—the focus of which has left Bitcoin and other cryptocurrencies in its wake—have been…

Ripple has been making great strides in expanding the utility of its digital asset, XRP, worldwide. A new report by Tokenicer shows that institutions are now deploying XRP on all seven continents. Related Reading: Crypto Recognition: China Acknowledges Digital Currency In Historic AML Law Overhaul This puts to rest the…

The Supreme Court of Montenegro has postponed the extradition of Terraform Labs founder Do Kwon to his home country of South Korea, pending a review of the legality of the previous court decisions.  This comes after the Supreme State Prosecutor’s Office (VDT) submitted a request to protect legality on August…

Ripple Labs has entered into a partnership with the DIFC Innovation Hub, part of the Dubai International Financial Centre, as detailed in an official press release on Wednesday. This collaboration aims to significantly enhance the adoption and development of blockchain technology and digital assets within the UAE and potentially across…

Data shows the cryptocurrency derivatives market has seen a huge amount of liquidations in the past day as Bitcoin has crashed under $58,000. Bitcoin Has Registered A Plunge Of More Than 4% In The Past 24 Hours After a bearish June, investors were hoping this new month of July would…

Cardano (ADA) has faced a significant blow after losing its top position as the leading network for development activities. Despite the Cardano founder, Charles Hoskinson, lauding major updates and developments within the blockchain network, ADA has been overtaken by other crypto networks, pushing it down to fifth place.  ADA Loses…

Cryptocurrency adoption has witnessed a significant surge globally, with the United Arab Emirates (UAE) and Vietnam emerging as frontrunners in embracing digital assets. Recent data from Triple-A has particularly shown that roughly 30.4% or 3 million people of the UAE’s population now own cryptocurrency, positioning the nation as a leader…

Hong Kong is positioning itself as a leader in the global fintech landscape by focusing on crypto-related sectors such as decentralized finance (DeFi) and the Metaverse. Recent government-backed studies conducted by the Hong Kong Institute for Monetary and Financial Research (HKIMR), part of the Hong Kong Academy of Finance (AoF),…

El Salvador, a small nation in Central America, is making a colossal wager on the future of cryptocurrency. President Nayib Bukele is spearheading a series of audacious initiatives designed to transform El Salvador into a Bitcoin paradise, attracting billions in foreign investment and propelling the country towards economic prosperity. But…

In a proposal laid out in the Wall Street Journal, former Speaker of the House Paul Ryan has advocated for a novel fiscal strategy that integrates cryptocurrency, specifically dollar-backed stablecoins, into the US economic framework to counteract the looming threat of a national debt crisis. Ryan, a prominent figure who…

In a detailed update, Lucie, a well-known member of the Shiba Inu team and marketing head has outlined several key developments and achievements for the project in 2024. The successful introduction of Shibarium, Shiba Inu’s ground-breaking layer-2 blockchain solution intended to improve scalability and transaction efficiency, was one of Lucie’s…

In a forceful rebuttal to widespread media speculation about the viability of Cardano, founder Charles Hoskinson has provided a detailed rundown of forthcoming developments and initiatives which he believes underscore the cryptocurrency’s robust health and its promising future. Cardano Founder Slams Crypto Media In a statement via X, Hoskinson expressed…

Ruja Ignatova disappeared seven years ago after a warrant from US authorities was issued to arrest her. The self-proclaimed “Crypto Queen” was responsible for OneCoin’s Ponzi scheme that took $4.5 billion from investors. Now, a BBC investigation suspects that the missing crypto scammer could have been murdered by a Bulgarian…