Announcements

Cardano developer Emurgo announced plans to issue a US dollar-pegged stablecoin, USDA, on the Cardano network in early 2023. Emurgo plans to introduce USDA by the end of Q1 2023. Emurgo, Cardano’s official commercial arm, said in a statement that USDA will be the first regulated stablecoin on the blockchain backed by a fiat currency….

The world’s largest crypto exchange Binance has secured permission from financial regulators in Abu Dhabi to operate as a crypto custodian for institutional clients. This is the latest crypto license for the company in the UAE. Binance received the regulatory nod from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This body is a unit of…

Binance is issuing the first in a series of Ronaldo-themed NFT drops for Nov. 18, despite its previous criticism of celebrity endorsement of crypto companies. Binance said it chose celebrities that were known for their honesty and independence. Binance, the world’s biggest crypto exchange, is back in the headlines again. After the signing of a…

Accepting payments in Circle’s USDC stablecoin is now available via Apple Pay. The addition will help crypto businesses by making it easier to take payments, Circle said. Merchants who accept payments in Circle’s USDC stablecoin can now interact with Apple Pay, Circle said in a blog post. “NFT marketplaces, crypto gaming, crypto exchanges, crypto wallets,…

Payments company Visa has ended its partnership with crypto exchange FTX amid its ongoing collapse. FTX announced that it was launching a Visa debit card in more than 40 countries just in October. Payments giant Visa has terminated its partnership with FTX after the cryptocurrency exchange’s recent collapse, Reuters reported.  “The situation with FTX is…

Solana developers are forking Serum, the FTX-developed liquidity hub widely used on Solana, after it may have been compromised in the FTX hack. Meantime, some Serum-related Solana apps have begun limiting their exposure, citing security concerns. On Nov. 11, an unknown attacker made unauthorized withdrawals of more than $400 million from FTX. The situation has…