Author: Crypto Insider

Tether CEO Paolo Ardoino took the stage at Lugano’s PlanB event in Switzerland to provide a breakdown of the reserve assets backing the company’s Tether-USD stablecoin following allegations that the firm was under investigation by the United States Department of Justice and the Treasury. Ardoino revealed that Tether holds approximately $100 Billion in US treasuries,…

What does the seizure of cryptocurrency mean? Seizure of cryptocurrency refers to the confiscation of crypto assets by authorities, usually as part of legal investigations. It may occur in cases of fraud, money laundering or other unlawful activities.  If law enforcement agencies suspect illicit activity, they can confiscate digital assets from wallets. The funds are usually…

The rise of government-issued blockchain-based digital gilts, or bonds, could impact global debt markets by potentially reducing borrowing costs and opening up new trading strategies. In an exclusive interview with Cointelegraph, Lamine Brahimi, co-founder and managing partner of Taurus — a digital asset infrastructure provider — shared his insights on the impact of digital bonds…

Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series on the blockchain network’s future path titled “The Purge,” which aims to reduce data bloat and simplify Ethereum’s protocol. The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of the blockchain….

The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse. Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of…

Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development. The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual Machine (EVM)-compatible blockchain networks using a single API key. An API is a unique code passed in…