[ad_1] Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1 billion USD Coin (USDC) to Solana (SOL) in the past seven days. In January, Circle minted a total of 6 billion USDC on Solana. An additional 2 billion USDC was minted in February, bringing total issuance in 2025 to 8 billion USDC. Circle just…
Author: NBTC
[ad_1] The U.S. Securities and Exchange Commission (SEC) has agreed to drop its ongoing enforcement lawsuit against American crypto exchange Kraken, according to a Monday announcement from the firm. The SEC sued Kraken in November 2023, accusing the exchange of commingling customer and corporate funds while operating as an unregistered securities broker, clearing agency and dealer. Instead of settling with the SEC, Kraken chose to fight the charges, and a federal judge ruled the agency had a plausible case and should go to trial. Now, pending approval from the SEC’s commissioners, Kraken says the charges will be dropped “with prejudice,…
[ad_1] Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, over-the-counter trading, and settlement, including fiat on and off ramps. In a press release shared with crypto.news, Calvin Shen, CEO of Hex Technologies Pte. Ltd., said Singapore remains a “key market” for Hex Trust, adding that the milestone now allows the custodian to double…
[ad_1] MetaHubGlobal, the world’s first decentralized affiliate consuming platform, has announced a strategic collaboration with Bee Network on its official X page. Bee Network, renowned for its working on blockchain innovation since 2020, will now leverage MetaHub’s platform to democratize user access to blockchain solutions, enhancing user experience. 🚀PARTNERSHIP ANNOUNCEMENT 🚀MetaHub x Bee Network🤝We are thrilled to unveil our latest collaboration with @Beenetworkintl🎉🐝 Bee Network has been a Pioneering #Web3 and #blockchain innovation since 2020, with over 300 #DApps incubated. Join our 30M+ user community and… pic.twitter.com/5JN4WDMcbs — MetaHub Global (@MetaHubGlobal) March 5, 2025 MetaHub and Bee Network’s History of…
[ad_1] Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is down -3.80% today against the US Dollar BTC/ETH increased by 7.06% today Bitcoin is currently trading 9.84% below our prediction on Mar 02, 2025 Bitcoin dropped -11.83% in the last month and is up 78.90% since 1 year ago BTC price is…
[ad_1] Ethereum’s missing policy representation at the upcoming crypto policy summit in Washington has triggered concerns over its regulatory influence. Community members are pointing out that Ethereum needs dedicated lobbying efforts to present its interests in key policy making discussions. there’s 2 sides to this:1) we need someone with the credibility and backing of most of the Ethereum community to be in the room for key discussions with governments and corporations. this is not lobbying exactly, but it’s more focused on strategic representation explaining… https://t.co/x0q2InTEvN — DCinvestor (@iamDCinvestor) March 6, 2025 Ethereum’s Voice in DC Policy Debates Questioned Prominent voices…
[ad_1] Chicago-based trading giant Jump is returning its U.S. cryptocurrency operations to full strength after scaling it back over the past couple of years due to regulatory scrutiny and uncertainty. While Jump has maintained its digital assets trading and market-making activity in other parts of the globe, crypto trading volume is now accelerating in the U.S., according to a person familiar with the situation. In addition, Jump is looking to hire a clutch of crypto engineers and plans to start filling U.S. policy and governmental liaison roles in due course, a second person said. The previous U.S. administration, aided and…
[ad_1] Over the past 24 hours, a highly followed XRP community member has stirred confusion with a decade-old document from Ripple, the payments firm founded by the developers of the XRP Ledger. In an X post on Sunday, February 23, “Xaif” claimed to have an important update for XRP holders, citing a document from Ripple. “CRAZY UPDATE XRP,” the post started before adding, “Ripple announced that 25% of XRP will be Retained by them! This is great for Sustainability in the future.” Xaif argued that this supposed Ripple move was bullish for XRP, asserting it was equivalent to burning 25%…
[ad_1] Australia’s government has ruled out creating a crypto reserve, focusing instead on regulation. Australia will not follow the United States in creating a strategic crypto reserve, despite President Donald Trump‘s efforts to make the U.S. the “Crypto Capital of the World.” While a spokesperson for Assistant Treasurer and Financial Services Minister Stephen Jones did not explicitly rule out a crypto reserve, he confirmed in an interview with Sky News Australia that the government is prioritizing the regulation of digital and crypto asset platforms over creating a strategic reserve. “The Albanese government has consulted on our proposed framework to build…
[ad_1] Coin storage is a crucial aspect of cryptocurrency ownership and use. Most new cryptocurrency users adopt centralized exchanges for coin storage, and their reasons are understandable. For instance, crypto exchanges are most users’ gateway into the crypto industry. They serve purposes like providing options to buy and trade cryptos easily. However, it is crucial to understand the inherent risks of leaving one’s crypto assets on such exchanges. Why Users Choose Centralized Exchanges Apart from buying and trading cryptos, most centralized exchanges provide extended services that benefit crypto users. Staking, lending, margin trading, and consistent liquidity represent some features that…