Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways: CEO of Coinbase Brian Armstrong stated that the CLARITY Act is now “closer than ever” to advancing. Armstrong believes the bill can modernize the U.S. financial system, and fortify U.S. dominance within the crypto sector. Recently, th...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways: Stitch raised up $25 million in its Series A round led by Andreessen Horowitz (a16z), the first venture to invest in Stitch in Saudi Arabia According to reports, Stitch has processed more than $5 billion worth of transactions on its p...
Cryptocoins News / CryptoNinjas - 5 months ago
Brazilian authorities have moved aggressively against Gurhan Kiziloz, securing one of the largest single-target stablecoin freezes on record after Tether locked $213 million across 48 USDT accounts tied to the iGaming founder. The freeze, executed in...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways: KRWQ, the stablecoin backed by Korean currency by IQ and Frax, is launching on Solana to extend on-chain KRW liquidity. The project will aim to facilitate cross margin and FX trading, arbitrage, and perpetual futures between KRW and U...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways: In an application to Ethereum, the just mentioned JPMorgan is attempting to establish a tokenized money market fund with the ticker JLTXX. The fund is for the issuers of stablecoins who want to use the assets in their reserves to comp...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways: Ripple CTO Emeritus David Schwartz elaborated on his reasons for XRP not being employed in the XRPL consensus mechanism. Schwartz noted that while XRP Ledger was created in 2011, there was no concept of PoS at that time. He also warne...
