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CRYPTOCURRENCY

HKMA Releases September 2024 Quarterly Bulletin and Financial Stability Report
cryptocurrency

HKMA Releases September 2024 Quarterly Bulletin and Financial Stability Report

The Hong Kong Monetary Authority (HKMA) publishes its September 2024 Quarterly Bulletin and Half-Yearly Monetary and Financial Stability Report.

Stability AI Launches Stable Audio Open for Text-Based Audio Generation
cryptocurrency

Stability AI Launches Stable Audio Open for Text-Based Audio Generation

Stability AI releases Stable Audio Open, an open source model for generating audio from text prompts.

Coinbase: Cryptocurrency Aids Americans in Maintaining Financial Stability
cryptocurrency

Coinbase: Cryptocurrency Aids Americans in Maintaining Financial Stability

Exploring how cryptocurrency helps Americans secure their financial future.

Binance Announces System Upgrade for Improved Performance and Stability
cryptocurrency

Binance Announces System Upgrade for Improved Performance and Stability

Binance, one of the leading cryptocurrency exchanges, has announced a scheduled system upgrade to enhance overall performance and stability. During the upgrade, users may experience temporary disruptions in services such as new user registrations, logins, and trading. However, the exchange assures users that their funds will remain secure throughout the process.

MakerDAO Implements Emergency Measures Amid Market Volatility
cryptocurrency

MakerDAO Implements Emergency Measures Amid Market Volatility

MakerDAO approves an Executive Vote for crucial changes in response to market conditions, aimed at stabilizing the DAI peg and enhancing the protocol's resilience.

Treasury Secretary Yellen Highlights Economic Recovery and Addresses Financial Risks
cryptocurrency

Treasury Secretary Yellen Highlights Economic Recovery and Addresses Financial Risks

Treasury Secretary Janet Yellen highlighted Biden Administration's economic achievements and ongoing financial stability efforts, focusing on banking, climate change, cybersecurity, AI, and digital assets in a testimony to the House Committee on Financial Services.

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
cryptocurrency

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"
cryptocurrency

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.

UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility
cryptocurrency

UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility

The UK's Bank of England (BoE) and HM Treasury are advancing into the second phase of exploring the feasibility of a digital pound, also known as "Britcoin." A final decision is yet to be made, with a focus on user privacy and coexistence with cash.

CFTC Report Underscores DeFi Risks and Calls for Action
cryptocurrency

CFTC Report Underscores DeFi Risks and Calls for Action

The CFTC report on DeFi underscores significant risks to the U.S. financial system, national security, and consumer protection, emphasizing the need for increased understanding, regulation, and collaboration in the sector.

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