INFBusiness

South Korean police say they are hunting for a suspect accused of stealing 240 million won ($167,000) in cash during a USDT OTC (over-the-counter) trade. Per the South Korean news agency Yonhap, the incident allegedly took place on February 21…

Key Takeaways: Citadel Securities is expanding into cryptocurrency market-making, targeting major exchanges like Coinbase and Binance as regulatory uncertainty eases. The firm’s entry signals a shift to capitalize on competitors’ retreat from the U.S. crypto market amid tightening regulations. The…

The Ethereum (ETH) price dumped 8% on Monday as the market continued to digest the fallout in wake of the near-$1.5 billion Bybit hack, but despite the downbeat price action, various experts remains highly bullish on Ethereum’s long-term outlook. ETH…

Key Takeaways: Circle’s USDC and EURC stablecoins receive regulatory approval in Dubai. The UAE is positioning itself as a crypto-friendly jurisdiction, attracting firms seeking alternatives to stricter European regulations. Dubai’s regulatory framework allows for easier integration of stablecoins in financial…

Key Takeaways: Strategy has acquired an additional 20,365 Bitcoin worth nearly $2 billion, bringing its total holdings to 499,096 BTC, just shy of the psychologically significant 500,000 Bitcoin milestone. The company’s Bitcoin treasury now stands at approximately $33.1 billion, purchased…

Over the past week, stablecoin activity across major blockchain networks has shown significant changes in liquidity. According to data from Lookonchain on Feb. 24, Tron (TRX) significantly outperformed other blockchains in stablecoin inflows over the past seven days, recording an…