Breaking in a new case, popular crypto sleuth ZachXBT has unveiled the details of a $75 million worth Bitcoin ransom that pharmaceutical giant Cencora Inc. had paid to the infamous Dark Angels cybercriminal collective. A cyberattack that struck the company Cencora, led to a hefty loss of 1,091. 5 Bitcoin.…
Louisiana has taken its first crypto payment through the Bitcoin Lightning Network. Residents can now use Bitcoin, Bitcoin Lightning, and USD Coin (USDC) to pay for state services, as State Treasurer John Fleming announced on September 17. The first transaction was a fine paid to the Louisiana Department of Wildlife…
Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The company says the stablecoin will be fully backed by U.S. dollars through a mix of short-term Treasury bills, overnight repos, and cash in a bid to ensure liquidity…
In the recent Financial Markets Quality Conference 2024, Ripple’s Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and others. He yet again reflected on the lack of clear cryptocurrency regulations in the U.S., and referred to the situation as a ‘regulatory…
BitGo, a leading name in crypto custody, is shaking things up. They’re about to launch a new stablecoin called USDS in January 2025. But this isn’t just another coin joining the crowd of stablecoins dominated by big players like Tether and Circle. BitGo’s plan is to stand out by rewarding…
Story Highlights The live price of 1 Inch network crypto is $ 0.24242746. 1inch Network price might surge as high as $0.428 in 2024. 1INCH price with a potential surge, could hit $2.31 by 2030. The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a Decentralized exchange aggregator.…
CSAO region becomes global crypto hub with India, Singapore, and Indonesia leading the charge – Chainalysis Adoption 7 days ago India, Singapore, and Indonesia are transforming the crypto landscape with strong adoption, innovative payment solutions, and explosive trading activity.
The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP into its system. This means users can purchase items with XRP now. Currently, this is only available with selected merchants in South Korea but…
USDC, the USD-pegged stablecoin issued by Circle, is now available in Brazil and Mexico. The move allows the direct conversion of Brazilian Reas and Mexican Pesos into USDC, omitting the need to convert the fiat currencies into USD. Businesses may obtain USDC from local financial institutions for their own purposes…
Circle has enabled support for local bank transfers for USD Coin (USDC) in Brazil and Mexico through their national payment systems, PIX and SPEI, respectively, according to a Sept. 17 press release. The integration will allow users to access USDC directly from Brazilian Reais (BRL) and Mexican Pesos (MXN) at…