64 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2025

Ethereum Classic Attacker Nets USD 1.7m, Bitfinex Loses USD 1m + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Security newsThe Ethereum Classic (ETC) attacker made at least USD 1.7m during the second attack on the network yesterday, according to...

, by Sead Fadilpašić

How a South Korean Crypto Firm Became a Global Face Mask Exporter

A “medium-sized” South Korean crypto firm that built a facial mask factory as a response to the coronavirus pandemic has doubled down on its new line of business – and has won Amazon approval to start exporting its personal protective equipment to “Europe and the United...

, by Tim Alper

DeFi Darling Ampleforth Crashes as Unique Feature Burns Traders

After an epic rally in June and July, the grim reality has now dawned on traders trying to profit from moves in ampleforth (AMPL), as a unique feature of the hyped DeFi (decentralized finance) protocol is burning traders who didn’t pay attention to crucial details in the coin’s...

, by Fredrik Vold

Local Stablecoin in Sleepy South Korean County Is a Runaway Success

A quiet South Korean county with a high proportion of elderly residents said its blockchain-powered local stablecoin is booming, with USD 48.5 million worth of tokens used since the coin was issued last year.Buyeo County, in the relatively rural South Chungcheong Province, has a population of...

, by Tim Alper

As Spot Gold Surges Higher, Tether’s Gold Token Lags Behind

While gold-backed crypto tokens are being touted as an alternative to USD-pegged stablecoins, a previous price premium on these tokens has now turned into more of a mixed picture as one popular token leads, while other lags behind the soaring traditional spot gold price.At the time of writing on...

, by Fredrik Vold

Surging Altcoin Ampleforth Sees Strong Volatility

The little-known altcoin ampleforth (AMPL) has received more attention in the Cryptoverse after it rallied to become this week’s best-performing coin among the top 50 cryptoassets by market capitalization, while simultaneously seeing extreme volatility both to the upside and downside.As of...

, by Fredrik Vold

Sign of ‘Retail Frenzy’ as DeFi Token Sale Gets Oversubscribed 46 Times

A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times.The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself...

, by Fredrik Vold

King of Stablecoins, Tether, Faces Regulatory Uncertainties – Report

Despite being used widely, stablecoins – and tether (USDT) in particular – may face an uncertain future as governments step up their regulatory scrutiny of the sector, a new report from crypto research firm Coin Metrics said.The most popular stablecoin, USDT, has come under increasing...

, by Fredrik Vold

South Korean Local Stablecoin Operator Posts Record Profits

Business appears to be booming for a company operating an increasingly large number of South Korean local stablecoins.Per Fn News, the Korea Minting and Security Printing Corporation (KOMSCO) – the company that has printed banknotes and minted coins for the nation’s treasury for the...

, by Tim Alper

Japan’s Biggest Bank to Launch Digital Token Before End of FY2020

The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO.Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced...

, by Tim Alper

Ethereum’s Buterin Calls DeFi-powered Yield Farming ‘Unsustainable’

Ethereum (ETH) Co-founder Vitalik Buterin said he has a bit of “love and hate” for the influx of decentralized finance (DeFi) apps that have been built on the network of late – although he labeled them “valuable and essential” to the blockchain's community.Speaking in...

, by Jaroslaw Adamowski

BIS Unsure if ‘Global Stablecoins’ Can Help Cross-border Payments

The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects.In a new report to the G20 entitled “Enhancing cross-border payments:...

, by Tim Alper

Risks of Centralized Stablecoins Materialize as 100k USDC Frozen

Centralized stablecoins may be about to face more scrutiny from the crypto community after it was revealed yesterday that USD Coin (USDC) issuer Centre has frozen an address holding USD 100,000 worth of the stablecoin. (Updated on July 10: updates in bold.)The actual blacklisting of the address...

, by Fredrik Vold

S Korean Province Mulls Local Stablecoin-powered Universal Basic Income

The Governor of Gyeonggi Province, South Korea’s most populous province, has suggested launching a universal basic income – funded by local stablecoins.Per OhMyNews, the proposal, spearheaded by Lee Jae-myung, who was elected Governor of Gyeonggi Province in 2018, is part of a package...

, by Tim Alper

Stablecoins Might Be Better Than Bitcoin For Payments, But Maybe Not For Long

Removing the volatility risk is critical to enabling transactions and payments. "Tether owes its life to bitcoin." "Governments and regulators can suddenly crush a stablecoin by going after the issuer."Stablecoins offer most of the benefits of bitcoin (BTC), but without any of the volatility....

, by Simon Chandler

Another Million People Tried Crypto in the UK + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. (Updated at 17:26 UTC: updates in bold.)Crypto adoption news3.86%, or 1.9 million, of the general population in the UK...

, by Sead Fadilpašić

# Stablecoin (Page 64)

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