Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries. Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin issuer acquired over…
Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses. In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed. On Feb. 28, over…
Total credit card expenditure in January 2025 declined to ₹1.8 trillion, reflecting a 2 per cent month-on-month decline and a 14 per cent year-on-year jump. Notably, the month-on-month decline in credit card expenditure can be attributable to a base effect since December saw elevated spending on account of year-end and new-year-related expenditures. Transaction volumes similarly…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Europe appears to be leading the way in the financial industry’s transition to crypto. Institutions throughout Europe are responding to the United States’ crackdown on crypto-friendly banks by enhancing their efforts to foster a more hospitable environment for digital assets. According to…
The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds. In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Dark Defender has issued a bold outlook for XRP, stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support…
Former chief legal officer of the Kraken exchange, Marco Santori, praised the political campaign donations made by crypto industry firms during the 2024 election as “democracy at work.” In an exclusive interview with Cointelegraph’s Turner Wright, the former Kraken executive argued that crypto voters tilted the election in favor of then-candidate Donald Trump and the…
The Nintendo Direct April 2, will see Nintendo drop its first big console in nearly a decade. The Nintendo Switch 2, expected in 2025, carries a heavy legacy. With over 150 million units sold since 2017, the original Switch is a tough act to follow. The stakes are dominance in gaming, which is the lifeblood…
Investments have multiple types of risk. Equity investments typically carry volatility risk. Debt or bond investments are relatively stable but come with default or credit risk. Today, we will discuss the evolving scenario for credit risk. Corporate credit ratio Credit rating companies publish a metric called credit rating ratio or simply credit ratio. It is…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Yesterday, Donald Trump signed the strategic Bitcoin reserve executive order – to Michael Saylor’s delight and altcoin investors’ dismay. White House Crypto Czar David Sacks highlights that no taxpayer dollars will go toward the reserve. The entirety of $BTC in it, worth…
