US Dollar

Nexo adds “Dual Mode” credit and debit capabilities to the Nexo Card

Nexo has introduced Dual Mode functionality to the Nexo Card, giving clients the flexibility to switch between credit and debit modes at will.

Binance.US halts OCBS and stablecoin pairs for BUSD

Binance.US temporarily suspended One Common Billing System (OCBS) transactions for Binance USD.

Tether CTO expects $700M profit by the end of Q1 2023

Tether CTO Paolo Ardoino expects the firm’s profits for the first quarter of 2023 to hit $700M. He also revealed that Tether currently holds $1.7B in excess reserves.

Coinbase to cease support for Signet

Coinbase announced its plans to drop support for Signet, the digital payments platform of the failed Signature Bank.

Binance to stop GBP deposits and withdrawals

Binance will suspend deposit and withdrawal facilities for Pound Sterling following issues with its current trading partner Skrill Limited.

Circle appoints Cross River Bank as commercial banking partner

Stablecoin issuer Circle has chosen Cross River Bank as its banking partner after the collapse of Silicon Valley Bank.

USDC loses peg as Circle discloses $3.3B exposure to SVB

USD Coin lost its 1:1 peg to the US Dollar after Circle revealed that the firm has a $3.3B exposure to Silicon Valley Bank. 

Blockchain.com to halt operations of its asset management subsidiary

Blockchain.com will halt operations of its subsidiary, Blockchain.com Asset Management, on account of the prolonged crypto winter.

Coinbase adds support for Euro Coin on Ethereum Network

Coinbase will add support for Euro Coin on ERC-20 token, and trading in supported regions starts on or after 9 AM PT on February 27. Also, support for EUROC will be added using the Experimental asset label.

Binance to temporarily halt USD bank transfers

Binance will suspend US Dollar deposits and withdrawals starting February 8. The exchange has not revealed the reason behind the suspension.

Juno Advises Users To Withdraw Assets Following Issues With Custodian

Juno has asked clients to withdraw their assets from its platform after facing issues with its current custody partner, Wyre.

Latest News

Circle appoints Cross River Bank as commercial banking partner

Stablecoin issuer Circle has chosen Cross River Bank as its banking partner after the collapse of Silicon Valley Bank.

USDC loses peg as Circle discloses $3.3B exposure to SVB

USD Coin lost its 1:1 peg to the US Dollar after Circle revealed that the firm has a $3.3B exposure to Silicon Valley Bank. 

Blockchain.com to halt operations of its asset management subsidiary

Blockchain.com will halt operations of its subsidiary, Blockchain.com Asset Management, on account of the prolonged crypto winter.

Coinbase adds support for Euro Coin on Ethereum Network

Coinbase will add support for Euro Coin on ERC-20 token, and trading in supported regions starts on or after 9 AM PT on February 27. Also, support for EUROC will be added using the Experimental asset label.

Binance to temporarily halt USD bank transfers

Binance will suspend US Dollar deposits and withdrawals starting February 8. The exchange has not revealed the reason behind the suspension.

Juno Advises Users To Withdraw Assets Following Issues With Custodian

Juno has asked clients to withdraw their assets from its platform after facing issues with its current custody partner, Wyre.