Theta's Mainnet 3.0 launch date pushed to June

Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June. In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate some building blocks” for a non-fungible token, or NFT, marketplace for the Theta Mainnet 3.0. They are also working […]

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Tether’s USDT Market Cap Crosses $40 Billion Milestone

The market capitalization of Tether’s USDT stablecoin surpassed $40 billion, data from industry aggregator Coinmarketcap shows, further helping it cement its position as the world’s largest stablecoin. The ‘Tetherization’ continues at a pace with many crypto exchanges denominating pairs in USDt rather than bitcoin, the token issuer said. Looking Forward […]

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Marshall Islands digital currency would 'raise risks,' says IMF

A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability.  Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah Zhou said the issuance of the Marshall Islands’ digital sovereign currency, called SOV, […]

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Tether market cap surpasses $40B, growing 10x over 12 months

Tether (USDT), the world’s most liquid stablecoin, surpassed $40 billion in market capitalization on Wednesday, highlighting the rapid growth of cryptocurrency investing over the past year.  At its highest point Wednesday, Tether’s market cap reached $40.1 billion, according to CoinGecko, making it the fourth-largest digital asset behind Bitcoin (BTC), Ethereum […]

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CySEC Advises CIFs to Comply with New Czech Regulations

The Cyprus Security and Exchange Commission today issued official notes addressing all the regulated financial firms in Cyprus. In a separate circular, the watchdog asked all Cyprus Investment Firms (CIFs) to comply with updated Czech regulations concerning the provision of investment services to locals. According to CySEC, the Czech parliament […]

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