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News Explorer — Stablecoin Legislation Could Unleash Flood of Tokens, Says Expert

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Feb 20, 6:24 pm

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Stablecoin Legislation Could Unleash Flood of Tokens, Says Expert

The GENIUS Act, a stablecoin bill, is gaining momentum in Congress, potentially opening the door for various companies, including tech giants like Uber and Meta, to enter the stablecoin market. This legislation could prompt an influx of new stablecoin issuers seeking strategic advantages and revenue opportunities.

The GENIUS Act, a stablecoin bill, is gaining momentum in Congress, potentially opening the door for various companies, including tech giants like Uber and Meta, to enter the stablecoin market. This legislation could prompt an influx of new stablecoin issuers seeking strategic advantages and revenue opportunities.

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Feb 21, 6:08 pm

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'Farm Frens' Telegram Game Airdrop Was a Huge Mess

Farm Frens acknowledged errors in the launch of its FREN token on Ethereum layer-2 network Base, causing issues with tok... Read Summary

Feb 21, 5:41 pm

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Bybit Confirms 'Massive Withdrawals' From Customers After $1.4 Billion Ethereum Theft

Bybit is facing challenges with processing withdrawals after a hack resulted in the theft of over $1.4 billion in Ethere... Read Summary

Feb 21, 5:00 pm

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US Should Buy 20% of Bitcoin Supply Says Strategy Founder Michael Saylor

Michael Saylor suggests the U.S. could acquire 20% of Bitcoin supply to pay off national debt. He advocates for a strate... Read Summary

Feb 21, 4:01 pm

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Bybit Confirms Over $1.4 Billion in Ethereum Stolen in Exchange Wallet Hack

Bybit confirmed a hack resulting in the theft of $1.4 billion worth of Ethereum and stETH. The attack involved manipulat... Read Summary

Feb 21, 3:25 pm

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Bitcoin Briefly Nears $100K as Coinbase Says SEC Dismissal Imminent

Bitcoin surged to over $99,500 following news that the SEC agreed to drop charges against Coinbase. The agreement, still... Read Summary

Feb 21, 1:33 pm

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Crypto Crime Rising in Russia as Supreme Court Plans Response

Irina Podnosova, Chairperson of the Russian Supreme Court, highlighted the increasing role of digital assets in criminal... Read Summary

Feb 21, 1:24 pm

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SEC To Vote on Deal to Drop Coinbase Lawsuit

An agreement to dismiss the SEC's lawsuit against Coinbase is pending approval by the regulator, according to the crypto... Read Summary

Feb 21, 7:02 am

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Grayscale's XRP ETF Filing Hits Federal Register, Kicking Off Review Period

Grayscale's XRP ETF filing has been published in the Federal Register, initiating a 21-day comment period before potenti... Read Summary

Feb 20, 9:27 pm

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Planetary Alignment Could Be Bad for Bitcoin, Say Astrologers

Astrologers predict a rare planetary alignment on February 28, potentially causing Bitcoin's value to fluctuate. The ali... Read Summary

Feb 20, 8:02 pm

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Strategy Is Raising Another $2 Billion to Buy Bitcoin

Strategy, formerly MicroStrategy, revealed plans to purchase more Bitcoin by selling $2 billion in zero-coupon convertib... Read Summary

Feb 20, 7:53 pm

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European Central Bank Moves Forward With Blockchain Plans

The European Central Bank is progressing with its blockchain-based payments system initiative, aiming to establish a cen... Read Summary

Feb 20, 6:24 pm

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Stablecoin Legislation Could Unleash Flood of Tokens, Says Expert

The GENIUS Act, a stablecoin bill, is gaining momentum in Congress, potentially opening the door for various companies,... Read Summary

Feb 20, 5:51 pm

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Did Jack Dorsey Create Bitcoin? Satoshi Nakamoto Speculation Is Renewed

Speculation has arisen over whether Twitter co-founder Jack Dorsey is actually Satoshi Nakamoto, the pseudonymous creato... Read Summary

Feb 20, 5:08 pm

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Libra Traders Have Lost $251 Million on Solana Meme Coin: Nansen

The LIBRA meme coin, once touted as a funding solution for Argentina, has resulted in significant losses for holders, wi... Read Summary

Feb 20, 5:11 pm

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SEC Reveals Cyber and Emerging Technologies Unit With Crypto Focus

A new Cyber and Emerging Technologies Unit is being established by the SEC to combat crypto-related crime, replacing the... Read Summary

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