Stablecoins
Venus Protocol recovers $13.5M stolen in lazarus-linked breach
DeFi lending platform Venus Protocol recovered stolen crypto for a user after a phishing scam linked to North Korea’s Lazarus…
BIS declares stablecoins fail as money in modern financial system
A new report from the Bank for International Settlements (BIS) questions the idea that stablecoins can function as money in…
RedotPay disrupts South Korean market with crypto debit cards
Hong Kong-based fintech company RedotPay has launched its crypto-enabled payment cards in South Korea. The firm aims to be a…
Abu Dhabi Giants partners to launch Dirham-Pegged stablecoin
Three of Abu Dhabi’s leading institutions, including the Emirate’s sovereign wealth fund have partnered to introduce a new stablecoin linked…
Russian firms increasingly use crypto for trade with China and India
Russian companies are increasingly making use of the use of cryptocurrencies to facilitate trade with China and India. It helps…
USDC & EURC become first DFSA-approved stablecoins in Dubai
Circle’s stablecoins, USD Coin (USDC), and EURC have secured approval from the Dubai Financial Services Authority (DFSA). This marks the…
