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Blockchain

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4304 billion DAI’s market
Blockchain

US Judge Considers if Crashed Coins of Terraform Labs Were Securities

A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities The failed blockchain firm and its founder, Do Kwon, have asked the court to
Blockchain

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC The news follows Coinbase’s current dispute with the
Blockchain

Bakkt Takes Proactive Measures, Delists Polygon, Solana, and Cardano Amid Regulatory Crackdowns

According to a Fortune report published on June 16, the cryptocurrency asset platform Bakkt is delisting three cryptocurrencies due to the current regulatory climate Bakkt’s general counsel
Blockchain

Bitcoin Price Outlook for June

Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action Bitcoin has moved below $25,000 for the first time since March, as the
Blockchain

Biggest Movers: SHIB Remains Close to 21-Month Low, Following Recent Bear Run

Despite a slight rebound in price, shiba inu remained near its lowest level in 21 months during Friday’s session Overall, the global cryptocurrency market cap was marginally higher, climbing
Blockchain

Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market

According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law
Blockchain

French Investigation Targets Binance: Allegations of Money Laundering and Regulatory Violations

Binance, the crypto exchange with the highest trade volume globally, is currently facing an investigation for suspected money laundering activities, as reported by the French publication Le Monde The
Blockchain

Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, as Markets Digest US Retail Sales Data

Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent US economic data Yesterday saw retail sales climb higher than expected, rising by 03% in May, better than a projected
Blockchain

Crypto Exchange Okx Gets MVP Preparatory License From Dubai Regulator

Crypto exchange platform Okx Global has been granted the minimal viable product (MVP) preparatory license by the Dubai regulator, the Virtual Assets Regulatory Authority (VARA) The latest VARA
Blockchain

Ripple CEO Brad Garlinghouse: SEC ‘Weaponized the Lack of Regulatory Clarity,’ Threw ‘an Entire Industry Into Chaos’

Ripple CEO Brad Garlinghouse has criticized the role that the US Securities and Exchange Commission (SEC) decided to assume against the cryptocurrency industry After the release of the Hinman docs,
Blockchain

Reports Indicate Venezuela Is Preparing to Liquidate the Petro

According to reports, the government of Venezuela could be winding down the operations of the petro cryptocurrency The decision comes after Sunacrip, the Venezuelan cryptocurrency watchdog, was set
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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
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