Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has recently faced a severe crisis that has left it struggling to regain its stablecoin peg. On Monday, IBEUR experienced a significant 60% decline in value, plummeting from $0.97 (€0.89) to as low as $0.39. This sharp drop in price was a result of disruptions in IBEUR’s
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Decentralized Internet of Things (IoT) project Helium Network (HNT) has experienced a significant surge in its price, leaving many wondering if it’s too late to buy Helium. The recent increase in HNT’s value can be attributed to the launch of Helium Mobile, which offers unlimited use across the Helium network for $20 per month. This
Solana (SOL) has recently gained considerable attention in the cryptocurrency landscape due to its remarkable surge in value. Unlike other leading cryptocurrencies, Solana has managed to secure a top-five position by market capitalization, solidifying its relevance and potential within the digital asset ecosystem. This extraordinary performance is a testament to the underlying strength of the
U.S. Senator Roger Marshall recently shocked the cryptocurrency community by revealing that he sought assistance from the American Bankers Association in formulating the Digital Asset Anti-Money Laundering Act. In a speech delivered at the Parliamentary Intelligence-Security Forum, Marshall admitted that he and Senator Elizabeth Warren approached the Association for help in crafting the legislation. The
In recent years, cryptocurrencies have gained significant popularity and support, especially among the younger generation. As the 2024 elections approach, it is crucial for political candidates to understand the growing influence of digital assets and adopt a pro-crypto stance. Coinbase CEO Brian Armstrong has highlighted several reasons why an anti-crypto stance would be detrimental for
The increasing interest of institutional investors in Bitcoin has been a topic of discussion in recent times. With the potential approval of a Spot Bitcoin Exchange-Traded Fund (ETF) on the horizon, market analysts are closely monitoring the behavior of these investors. A recent report by K33 research analysts sheds light on the growing appetite for
Blockchain security firm CertiK has recently discovered a critical vulnerability in the OKX iOS App that could potentially lead to the compromise of sensitive user data and assets. In response to this alarming finding, CertiK is urging all OKX users on iOS devices to immediately update their software to the latest version. Failure to do
The world of decentralized exchange (DEX)-launched cryptocurrencies has been witnessing explosive growth, and the latest addition to the list is the Micro Coq (MICRO) token. This meme coin has made headlines with an astonishing rally of over 3,000%. As the trend of moon-shot tokens continues, it begs the question: could Micro Coq be the next
Ripple, a leading blockchain technology company, has received approval from the Central Bank of Ireland (CBI) for its Irish subsidiary, Ripple Markets Ireland Limited, to operate as a registered Virtual Asset Service Provider (VASP). This licensing allows Ripple to offer digital asset services within Ireland and expand its operations throughout the European Economic Area once
In the ever-evolving world of cryptocurrency, trends come and go, but one trend that seems to be continuing its upward trajectory is SocialFi. While some startups have only recently jumped on the bandwagon, there are others, like XCAD Network, that have been in the game for quite some time. XCAD Network is a tokenization platform