Tag: Crypto
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Stablecoins Gain Ground for Paychecks and Daily Spending, BVNK Survey Finds
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Rising use for salaries and everyday payments Stablecoins are moving beyond trading desks and into daily financial life, according to a new global survey commissioned by BVNK and conducted by YouGov. The study found that 39 percent of crypto users and those planning to enter the market already receive some form of income in stablecoins,…
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Monero Use Holds Firm Despite Exchange Delistings as Darknet Markets Turn to XMR
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Usage Remains Strong After 2022 Monero continues to see steady transaction activity even after facing widespread delistings from major cryptocurrency exchanges. According to new research from TRM Labs, Monero usage in 2024 and 2025 stayed above levels recorded before 2022, indicating that demand for the privacy-focused cryptocurrency has not weakened.The findings suggest that while access…
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Tether’s US Treasury Holdings Hit Record Highs as Annual Profits Decline
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Tether, the issuer of the world’s largest stablecoin USDt, has reported record US Treasury holdings in 2025, even as its annual profits fell compared to the previous year. The company’s latest financial report highlights a strategic shift toward safer and more liquid assets amid rising global demand for dollar-backed digital currencies. Profits fall despite strong…
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US Treasury Sanctions Iran-Linked Crypto Exchanges in Historic First
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Washington expands Iran sanctions to digital asset platforms The United States Treasury has taken a landmark step in its Iran sanctions program by targeting cryptocurrency exchanges for the first time. On Friday, the Treasury Department announced sanctions against two UK-registered crypto platforms accused of playing a role in Iran’s financial network, signaling a tougher stance…
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OSL Group Raises $200 Million to Scale Stablecoin and Digital Payments Business
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Fresh capital to fuel global expansion Hong Kong listed digital asset firm OSL Group has raised $200 million in new equity financing, strengthening its push into stablecoins and regulated digital payments. The company said the funding will be used to support acquisitions, international growth and further development of its payment and settlement infrastructure as it…
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Solana Validator Numbers Shrink as Rising Costs Push Out Small Operators
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Solana’s validator ecosystem is undergoing a sharp contraction, with the number of active validators falling by nearly 70 percent since early 2023. The decline is stirring debate within the crypto community about whether the high performance blockchain is drifting away from its decentralization goals as operating a node becomes increasingly expensive and competitive. According to…
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WisdomTree Expands Tokenized Fund Offering to Solana Network
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Solana Becomes the Latest Chain in WisdomTree’s Multi-Chain Push WisdomTree has added the Solana blockchain to its growing list of networks supporting its tokenized investment products, marking another step in the firm’s broader multi-chain strategy. The US-based asset manager confirmed that its full range of tokenized funds is now live on Solana, allowing both institutional…
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Bitget names former Bitpanda legal chief Oliver Stauber to lead EU expansion from Vienna
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Crypto exchange Bitget has appointed Oliver Stauber, former chief legal officer at Bitpanda, as CEO of Bitget EU, marking a key step in the company’s push to establish a fully regulated presence in Europe under the Markets in Crypto Assets Regulation framework. Stauber will oversee Bitget’s MiCA strategy and lead the setup of its European…
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Stablecoins Pose Growing Threat to Bank Deposits, Warns Standard Chartered
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Stablecoins are emerging as a serious risk to traditional banking deposits across the United States and globally according to a new report by Standard Chartered. The bank’s digital assets research team warns that the rapid growth of dollar backed cryptocurrencies could significantly weaken banks’ funding bases particularly at regional institutions. The analysis comes amid ongoing…
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Bitcoin Faces Fresh Bear Market Fears as Key Trendlines Mirror 2022 Pattern
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Bitcoin is showing worrying signs of entering a new bear market, as major technical indicators on the weekly chart repeat patterns last seen in 2022. Analysts say the latest trendline crossover and weakening performance against silver are raising serious concerns among traders and long term investors. With similarities to the last major market downturn becoming…