Tether Implements Recovery Plan for Blockchain Stability Amid $100 Billion Market Cap

Tether has recently launched a recovery tool for stabilising different blockchains as UTSD touches $100 billion market capitalization. Tether, the blockchain-enabled platform that facilitates the issuance of digital currencies, has recently launched a blockchain recovery plan to ensure uninterrupted access to its USDT token. The plan aims to safeguard against any disruptions that may arise…

MoneyGram crypto

MoneyGram starts accepting crypto for US payments

The P2P payment app MoneyGram has begun accepting cryptocurrency for payment and trading in the US. The app will let users transfer bitcoin, Litecoin and Ethereum. The company had earlier been involved in a deal with Ripple that was subsequently quashed. MoneyGram’s announcement on Twitter: MoneyGram announces the launch of a new service enabling consumers…


EU signals regulatory intent, ’embedded supervision’ of Ethereum DeFi

Patrick Hansen, a Circle Policy Advisor, has tweeted information about a European Union Commission tender to create “embedded supervision” of decentralized finance (DeFi) on the Ethereum network. The estimated tender amount is €250,000 ($242,600), and the study’s completion time is 15 months. The EU wants to collect information about Ethereum DeFi Details of the study…