Author: John Smith
Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments. Tether is teaming up with Fizen to boost the real-world use of stablecoins and help out those who don’t have access to banking. Fizen lets people store, transfer, and spend stablecoins easily using self-custody wallets. Their tech simplifies crypto payments for both shoppers and businesses, with features like QR codes and card readers. This means businesses can accept stablecoins and get instant fiat settlements without having to invest in a bunch of extra infrastructure — making digital payments accessible. According to…
Ethena Labs, the team behind the synthetic stablecoin USDe, announced it has shut down its German subsidiary, Ethena GmbH. Ethena Labs will also no longer pursue regulatory approval under the EU’s Markets in Crypto-Assets Regulation. The decision follows a March enforcement action by Germany’s financial regulator, BaFin, which ordered the company to halt all public sales of USDe (USDe) due to MiCAR noncompliance. In a statement posted to X, Ethena Labs confirmed it had reached an agreement with BaFin to wind down all activities of its German entity. The company emphasized that since March 21, all minting and redemption of…
Fuse and Check Point are building a blockchain firewall designed not only to track but also to prevent unsafe transactions. Artificial intelligence applications have significant potential in crypto, especially in security. On Tuesday, April 15, layer 2 blockchain Fuse partnered with cybersecurity firm Check Point to create an AI-powered threat-prevention layer. This security layer for the Fuse network would use artificial intelligence to scan transactions before they complete. The AI would then use its training data to determine whether a transaction is likely to be fraudulent. “Prevention is always better than a cure,” said Fuse CEO Mark Smargon. He hopes…
U.S. stocks continued to seesaw as markets opened largely flat on Tuesday, following Monday’s positive close. The Dow Jones Industrial Average, the S&P 500 and Nasdaq indices were trading roughly flat an hour after Tuesday’s opening bell. On Monday, all major indices ended the day solidly in the green. Electronics related stocks had benefited from the recent exclusions for computers and smartphones among other consumer electronics. Auto stocks also soared amid news of potential tariff exemptions for car companies. However, the overall market outlook pointed to continued jitters over potential direction of tariffs – particularly the turmoil around U.S.-China trade…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI is transforming industries across the board, but in crypto, Walbi is leading the charge by making AI tools truly usable for everyday traders. AI has infiltrated every space from medicine to manufacturing to even Studio Ghibli art. Yet, experts agree that AI remains severely underused in the crypto space. This is why crypto exchanges and trading platforms are actively integrating AI capabilities into their operations. Complex AI systems can help traders analyze data, predict trends, and automate their…
Bitget Wallet announced that it will provide support for spot and futures trading of Pax Gold, a tokenized version of the physical commodity, amidst rising global demand. According to a press release shared with crypto.news, the decision to list Pax Gold (PAXG) is driven by increasing interest in tokenized gold, which has grown in tandem with the physical commodity. By integrating PAXG, Bitget Wallet aims to offer traders a digital alternative that combines the stability of gold with the accessibility of crypto. Issued by blockchain infrastructure firm Paxos, PAXG is backed by physical gold on a 1:1 basis. Each token…
Binance has launched LDUSDT, a yield-bearing margin asset that lets traders earn passive income while trading futures. Binance just announced that its reward-bearing margin asset LDUSDT is now available on the exchange’s futures trading platform. Users can swap their Tether (USDT) on Binance’s Simple Earn platform for LDUSDT, which they can then use as margin in trades, while earning passive income through rewards. The launch of LDUSDT follows Binance‘s success with its first reward-bearing asset BFUSD with the current base annual percentage yield of 2.85%, which was launched in November last year. What sets LDUSDT apart is the integration of…
Shiba Inu price remained in a tight range at a crucial support level as the token’s burn rate gained momentum. Shiba Inu (SHIB) was trading at $0.00001192 on Tuesday, where it has been for the past few days. This price is about 75% below the highest point in 2024. The ongoing Shiba Inu crash has left just a handful of holders in profit. According to Santiment, the share of holders in profit has dropped to 20% from a high of 91% a few months ago. Data compiled by Shiburn shows that the number of SHIB tokens being burned is rising.…
Bitcoin price has bounced back in the past few days, but an emerging risky pattern points to a potential reversal in the near term. Bitcoin (BTC) climbed to $85,630 on April 15, its highest level in nearly two weeks and 15.2% above its monthly low. The ongoing recovery happened after Donald Trump softened his stance on tariffs. He initially issued a 90-day pause on tariffs from over 70 countries. Over the weekend, the Trump administration added that some electronics and semiconductors would be exempt from these levies. In his latest statement, Trump also pledged support for automakers navigating the ongoing…
Amid the rise of AI and surveillance technologies, Ethereum’s co-founder Vitalik Buterin advocates for enhanced privacy measures to ensure decentralization remains intact. The world’s changing at a dizzying pace. Artificial intelligence is advancing faster than most of us can keep up with, reshaping nearly every aspect of life as we know it. Along with this rise in AI, there’s a growing concern: privacy. When it comes to cryptocurrency, privacy has always been a bit complicated to say the least. It’s something that’s been debated endlessly — sometimes heatedly — and never really resolved. In a recent blog post, Ethereum’s co-founder…