Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?

Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin…

On-chain Indicators Scream Bitcoin Bull Market as the BTC Price Roars Back

Bitcoin’s latest resurgence, which saw the world’s largest cryptocurrency by market capitalization hit a new nine-month…

Ethereum Price Prediction as ETH Pumps Up 4.5% in 24 Hours – Where is the Next ETH Target?

The Ethereum price has risen by 4.5% in the past 24 hours, with its surge to…

Euler Finance Suffers Massive $195M Hack in Flash Loan Attack – Here’s What Happened

Ethereum-based lending protocol Euler Finance has fallen victim to a flash loan attack resulting in around…

Circle Commits to Covering USDC Shortfalls – Ensures Redemption at 1:1 with USD

USDC issuer Circle has pledged to cover any shortfall in the stablecoin’s reserves if it does…

Bankrupt Crypto Lending Platform BlockFi Faces Potential $227 Million Loss in Uninsured Funds at Silicon Valley Bank – What’s Going On?

Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in an account maintained by…

Crypto Mining Firms Targeted: U.S. Treasury Proposes 30% Tax on Electricity Costs

Crypto mining firms based in the United States could be subject to a 30% tax on…

Binance Expands Proof of Reserves Report with 11 New Tokens – Here Are the Coins That Were Added

Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount…

Federal Reserve Chairman Powell Speaks Out: We Don’t Want to Stifle Crypto

Federal Reserve Chairman Jerome Powell has made it clear that the central bank doesn’t want to…

Belgian Central Bank Governor Says Crypto Winter Was ‘Good News’ – Here’s Why

The Belgian Central Bank Governor says his organization celebrated the 2022 slump in crypto prices – and says…