Tether Freezes 41 Crypto Wallets Tied to Sanctions

Stabelcoin issuer Tether froze 41 wallets controlled by people on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals (SDN) List on Saturday. On-chain data shows that several wallets…

Hashdex Forecasts US Access to Spot Bitcoin ETF by Q2 2024

The crypto industry is at an unprecedented inflection point, which could serve as a “generational investment opportunity” that will be fleeting as more institutions enter the space and network effects…

Fidelity held a Meeting with SEC about Spot Bitcoin Fund, Submitted a Presentation about ETF Workflows

Asset management giant Fidelity held a meeting with the Securities and Exchange Commission on Dec. 7 about its proposed spot bitcoin ETF, according to a memo on the regulator’s website.…

UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt

Phoenix Group PLC, a Bitcoin mining company based in the United Arab Emirates (UAE), has signed an order worth more than $380 million with Microbt, a mining rig manufacturer. As…

Ethereum Experiences a Massive Surge in Gas Fees

Ethereum gas fees have surged over the last month. In October 2023, Ethereum experienced a notable reduction in gas fees, reaching a new low. The decline was attributed to decreased…

Nubank Crypto adds support for USDC, broadening access to the stablecoin in Brazil

Circle, the issuer of the USDC -0.14% stablecoin, announced it has partnered with leading Latin American fintech Nubank to broaden access to its dollar-backed digital asset. “USDC support will initially…