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MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform

MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a...
Cryptocurrency

Net Bitcoin ATMs record an increase after 4 months of global downtrend

In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines were added back to...
Cryptocurrency

Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC

The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding...
Cryptocurrency

Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s...
Crypto News

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According...
Cryptocurrency

Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined

The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure.
Cryptocurrency

Arbitrum price soars after DeFi whale address resumes ARB accumulation

ARB’s price notched a double-digit gain after a popular DeFi whale address resumed buying the governance token, but is the rally sustainable?
Cryptocurrency

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s...
Cryptocurrency

Evertas expands crypto insurance offerings to include mining and raises limits

Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage.
Cryptocurrency

Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players.
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Solana (SOL) Bulls Imminent: Analyst Predicts Price Surge To $113

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Solana (SOL) Bulls Imminent: Analyst Predicts Price Surge To $113

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