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Tether CEO Paolo Ardoino has strongly refuted allegations made in a recent Senate report that its stablecoins facilitate illicit financial activity in Iran, arguing that the company's proactive measures against suspicious transactions have significantly reduced such volumes, often acting ahead of official government sanctions.
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The latest Consumer Price Index report revealed U.S. inflation aligned with market forecasts, showing a 3.4% year-over-year increase in July. This development saw Bitcoin hold firm around the $64,000 mark, even as broader market reactions and Federal Reserve interest rate hike probabilities shifted slightly.
Editorial DeskUpdated
Crypto exchange Coinbase confirmed on Wednesday that it had been served with a Wells Notice by the Securities and Exchange Commission (SEC). The agency alleges that the exchange’s staking service is…
The stock of US top crypto exchange Coinbase is up 12% today after the company revealed plans to expand its operations to Brazil. The exchange has promised to deliver a platform that allows…
Charles AndersonUpdated
The Bitcoin rally that began at the start of the year has made miners a happy lot. According to investment company Stifel, most Bitcoin miners are expected to post profits in the first quarter of…
Charles AndersonUpdated
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