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UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdingsFinancial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.'” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement approach, asserting: “Gary Gensler is a blight on the technology community.” Mark Cuban Slams SEC Chair Over Crypto […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust

Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud BustCrypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange Binance announced […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

Sygnum Secures Liechtenstein License to Expand Crypto Services in EUSygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates

Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts RatesRich Dad Poor Dad author Robert Kiyosaki believes that bitcoin’s price is “about to explode” as the Federal Reserve cuts interest rates. He predicted that as interest rates drop, investors should abandon “fake assets” and turn to real ones like bitcoin, gold, and silver. Kiyosaki also highlighted rising inflation, warning of its impact on retirees […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive InvestorsThe U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

ParaFi Capital to tokenize $1.2B fund on Securitize

ParaFi Capital will tokenize part of its $1.2 billion portfolio using the Avalanche blockchain and tokenization platform Securitize.

Digital asset management firm ParaFi Capital has taken its first step into fund tokenization by offering a minority stake in its latest venture capital fund on the Avalanche blockchain. 

According to a Sept. 12 Bloomberg report, the firm’s $1.2 billion fund will be partially tokenized and available for trading through the Securitize platform, marking a move toward integrating blockchain technology into traditional asset management. 

“We decided we want to eat our own dog food,” said ParaFi founder Ben Forman. “We are investors in this technology, but we didn’t just want to invest in the tokenization infrastructure, we wanted to use it ourselves.”

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account TrendWazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Indian Authority Arrests Man in Crypto Extortion Case

Indian Authority Arrests Man in Crypto Extortion CaseA Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by […]

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month