Investors claim Tether’s $118B reserves may face audit and liquidity risks
    21 Sep 2024
    11 Views

    Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮. Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…

    Crypto.com gains payment service license from Bahrain central bank
    21 Sep 2024
    13 Views

    Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange’s local subsidiary to offer e-money and fiat services, including the issuance of prepaid cards, throughout the Gulf Cooperation…

    Hashgraph Association to explore digital asset use cases with Qatar stakeholders
    21 Sep 2024
    21 Views

    The Hashgraph Association (THA), a nonprofit organization building ecosystems using Hedera Hashgraph’s decentralized ledger technology, announced that it would work with stakeholders in Qatar to explore five digital asset use cases in the next 12 months. The organization said on its official LinkedIn platform that it would look into the tokenization of equities, real estate and sukuk, an…