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Cake Wallet onboards dEURO decentralized stablecoin, offers 10% yield on collateral

Cake Wallet onboards dEURO decentralized stablecoin, offers 10% yield on collateral

Cake Wallet added the decentralized stablecoin dEURO to its offerings on Tuesday, expanding its stable of euro-denominated digital assets for users.The decentralized stablecoin is overcollateralized by other digital assets, including Bitcoin (BTC), Ether (ETH) and Monero (XMR), meaning that to mint …

Binance Finally Delists Tether USDT from European Spot Trading in Compliance with MiCA

Binance Finally Delists Tether USDT from European Spot Trading in Compliance with MiCA

Binance has delisted Tether’s USDT from spot trading pairs in the European Economic Area (EEA) following an announcement early this month. This move is part of the exchange’s efforts to align with the newly enforced Markets in Crypto-Assets Regulation (MiCA). The regulation, designed to bring strict…

Terraform Labs Opens Investor Claims Portal Nearly Three Years After $45 Billion Crash

Terraform Labs Opens Investor Claims Portal Nearly Three Years After $45 Billion Crash

Terraform Labs is finally allowing investors to seek reimbursement nearly three years after its dramatic downfall. On March 31, the company will open a claims portal for those who lost at least $100 in the Terra ecosystem's $45 billion collapse in May 2022, according to an announcement on Medium. Th…

Terraform Labs to open loss claims portal on March 31

Terraform Labs to open loss claims portal on March 31

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware cour…

Binance to delist non-MiCA compliant stablecoins in Europe on March 31

Binance to delist non-MiCA compliant stablecoins in Europe on March 31

Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).On March 31, Binance will delist spot pairs for users in the EEA, with nine stablecoins, including Tether’s USDt and Dai , to be removed …

Binance to delist Tether and other non-MiCA compliant stablecoins for EEA users

Binance to delist Tether and other non-MiCA compliant stablecoins for EEA users

Binance is taking a major step to comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by delisting all non compliant stablecoin trading pairs for users in the European Economic Area (EEA).The move, set to take effect on March 31, will impact nine stablecoins —Tether (USDT), …

Crypto broker Uphold relaunches UK staking, India reconsiders crypto policy: Law Decoded

Crypto broker Uphold relaunches UK staking, India reconsiders crypto policy: Law Decoded

Cryptocurrency trading platform Uphold restarted staking services in the United Kingdom following local regulatory developments.Uphold has relaunched staking in compliance with a UK Treasury amendment that came into force on Jan. 31, the company said in an announcement shared with Cointelegraph on F…

The Daily: BlackRock’s Bitcoin ETF sees largest daily outflows since launch, Do Kwon pleads not guilty and more

The Daily: BlackRock’s Bitcoin ETF sees largest daily outflows since launch, Do Kwon pleads not guilty and more

It's Friday! In today's newsletter, BlackRock's spot Bitcoin ETF sees its largest daily outflows since launch, Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges, Tether and Bitfinex General Counsel Stuart Hoegner retires, plus more.Let's get started.BlackRock's spot Bitcoin ETF…

Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges in Manhattan court following extradition: reports

Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges in Manhattan court following extradition: reports

Terraform Labs co-founder Do Kwon pleaded not guilty in a New York court, according to news reports, shortly after being extradited to the United States from Montenegro. Kwon appeared on Thursday in a Manhattan court to enter his plea and is next set to appear in court on Jan. 8, according to Reuter…