Tether Launches Alloy by Tether, a Gold-Backed Digital Asset Redefining Stability in the Crypto Economy
Tether, a prominent player in the cryptocurrency industry, has introduced Alloy by Tether, a pioneering digital asset secured by Tether Gold (XAU₮). Developed in collaboration with Moon Gold NA, S.A. de C.V. and Moon Gold El Salvador, S.A. de C.V., both key entities within the Tether Group, Alloy by Tether aims to revolutionize stability within […]
EU Considers Stricter Crypto Regulations After Celsius Network Collapse
The European Union is reportedly considering stricter regulations for cryptocurrency platforms in the wake of the liquidity crisis at Celsius Network, a major crypto lender. Celsius Network abruptly halted withdrawals, swaps, and transfers on June 13th, citing “extreme market conditions.” This move sparked panic selling across the crypto market and raised concerns about the transparency […]
Mastercard Takes First Steps into Crypto with “Crypto Credential” Launch
Mastercard, the global payments giant, has officially dipped its toes into the cryptocurrency world with the launch of its “Crypto Credential.” This innovative service aims to simplify and secure cryptocurrency transactions by leveraging existing Mastercard infrastructure. Replacing Complex Blockchain Addresses: Traditionally, sending and receiving cryptocurrency involves using long and complex blockchain addresses, posing a significant […]