Despite the long road toward its IPO, USDC stablecoin issuer Circle Internet Financial is not giving up on its dream. For more than 2 years since it started pursuing going public, CEO Jeremy Allaire said the firm has build a strong business pending the listing. Despite silence in the process in recent times, Allaire told…

The US Department of Justice (DOJ) has allegedly launched an investigation into the USDT stablecoin issuer for potential anti-money laundering violations. This comes just days after the Tether CEO Paolo Ardoino called for stable crypto regulations in the country. US DOJ Allegedly Launches Probe Into Tether According to report by the Wall Street Journal, the…

Federal prosecutors are planning to offer a plea deal to Eric Council Jr., an Alabama man accused of involvement in a high-profile hack of the U.S. Securities and Exchange Commission’s official X account, formerly known as Twitter. This incident was a form of social engineering where a fake message was posted concerning the approval of…

Tether CEO Paolo Ardoino has revealed that there are no IPO plans for his company at the moment. He further explained why he doesn’t believe his company need to go public anytime soon. Interestingly, his explanation echoed Ripple CEO Brad Garlinghouse sentiment as Garlinghouse also recently revealed that his firm has no plans to go…

Polygon’s POL token price tumbled to its lowest level since 2021, hitting $0.34. Is Polygon really in trouble as the community raises concerns? Notably, Polygon continues to shine in NFTs, DeFi, gaming, and Real World Assets (RWA). With a strong Total Value Locked (TVL) highlighting its resilience, the blockchain is showcasing strength. Let’s take a…

Bitcoin Maxi Michael Saylor has called on Microsoft CEO Satya Nadella to consider adopting Bitcoin as one of the company’s investments. This push comes at the same time as a shareholder proposal has been submitted with the U.S. Securities and Exchange Commission (SEC) for Microsoft to consider Bitcoin as a treasury asset. Saylor, an advocate…

Ethereum dominates altcoins as the second largest cryptocurrency position with a market capitalization of $298.5 billion. However, it is currently facing competition from Rexas Finance (RXS), a new coin, and Cardano (ADA), a long-standing rival. According to crypto analysts and billionaires, these coins have the potential to see a remarkable 2500% rise by 2025. In…

XRP price remains in the spotlight of most investors even as the SEC v. Ripple lawsuit continues. Despite this woe, investors wonder how soon the  Ripple price could hit the $100 or even the $1000 mark as achieving such levels would require significant shifts in the market condition and adoption. This article explores realistic timelines…

In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission (SEC) against several cryptocurrency firms, including CLS Global, the company has issued a statement addressing the situation. CLS Global has contacted U.S. authorities in order to establish a constructive and cooperative dialogue with the hope of resolving the cases,…

Solana price may be gearing up to extend its gains after a top expert predicted it could surge to new highs if Ethereum (ETH) hits the ambitious target of $10,000. Should Ethereum price reach this milestone, the SOL price will follow suit with significant gains. The SOL/ETH pair has been skyrocketing as Solana outperforms Ethereum,…