CryptoNews

Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities

December 11, 2023
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily tether freezing wallets linked to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List marks a proactive step towards…
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CryptoNews

Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge

December 11, 2023
Market statistics indicate that two specific crypto assets among the top 20 in market capitalization, avalanche and cardano, have experienced substantial gains this past week. Avalanche has surged 48.7% and cardano has increased by 50.4% against the U.S. dollar in the previous seven days. Top Performers of the Week: Cardano and Avalanche Record Substantial Rises Currently, the 11,380 crypto assets…
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CryptoNews

Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility

December 10, 2023
Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they live,” the company explained. Robinhood Expands Crypto Trading Services Financial services firm Robinhood launched its crypto trading platform in the European…
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CryptoNews

The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders

December 9, 2023
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s largest volumes which he said “are executed via our API by institutional traders deploying a host of programmatic trading strategies.” African Regulators…
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