News Explorer — Bitcoin, Stablecoins Like USDT Used in Countries With Economic Instability for Secure Transactions: Report

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May 9, 4:42 pm

bitcoinmagazine.com

Bitcoin, Stablecoins Like USDT Used in Countries With Economic Instability for Secure Transactions: Report

The Bank for International Settlements (BIS) report reveals that Bitcoin and other cryptocurrencies are increasingly utilized in countries with high inflation, expensive money transfers, or strict capital controls. People rely on crypto for secure, cost-effective cross-border transactions when traditional financial systems fail.

The Bank for International Settlements (BIS) report reveals that Bitcoin and other cryptocurrencies are increasingly utilized in countries with high inflation, expensive money transfers, or strict capital controls. People rely on crypto for secure, cost-effective cross-border transactions when traditional financial systems fail.

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May 9, 9:15 pm

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Vice President JD Vance Will Speak at Bitcoin 2025 Alongside Trump's Sons

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May 9, 8:26 pm

Coindesk

Elizabeth Warren Calls for Ban on Big Tech Firms Launching Stablecoins

Meta is considering re-entering the stablecoin market, prompting U.S. Senator Elizabeth Warren to advocate for legislati... Read Summary

May 9, 7:31 pm

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Analysts Bullish on Coinbase's Deribit Acquisition Despite Q1 Loss

Coinbase's Q1 earnings showed a 10% decrease in total revenue, with trading revenue dropping 19% but subscription and se... Read Summary

May 9, 6:29 pm

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Coinbase Introduces 24/7 Bitcoin and Ethereum Futures Trading in Response to High Demand

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May 9, 6:32 pm

Decrypt

Solana Meme Tokens, Including PNUT and MOODENG, Experienced Substantial Value Surges in 24 Hours

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May 9, 6:11 pm

DL News

XRP Outperformed Ethereum, Solana on Coinbase

Coinbase's revenue and net income dropped in the first quarter, with a 10% decrease in top-line revenue and a 94% fall i... Read Summary

May 9, 5:46 pm

Decrypt

Square Enix Expands Symbiogenesis to Sony's Soneium for NFT Rewards in Multiple Games

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May 9, 5:30 pm

Decrypt

Sean “Diddy” Combs' Meme Coin Soared to $181 Million Before Crashing 79.5%, Raising Legal Concerns

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May 9, 4:42 pm

bitcoinmagazine.com

Bitcoin, Stablecoins Like USDT Used in Countries With Economic Instability for Secure Transactions: Report

The Bank for International Settlements (BIS) report reveals that Bitcoin and other cryptocurrencies are increasingly uti... Read Summary

May 9, 3:23 pm

Decrypt

Doodles Drops DOOD Token Airdrop on Solana

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May 9, 1:01 pm

Decrypt

Inferno Drainer Malware Claims Another $9 Million From Crypto Wallets

Despite publicly announcing a shutdown, the Inferno Drainer malware has continued to operate, stealing over $9 million f... Read Summary

May 9, 12:18 pm

Decrypt

Germany Seizes $37 Million in Assets Tied to North Korean Crypto Laundering

German authorities have seized servers and cryptocurrency worth $37.4 million from eXch, an unlicensed crypto exchange a... Read Summary

May 9, 10:25 am

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Ethereum Price Spikes 29% After Pectra Upgrade

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May 9, 9:58 am

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Man Jailed for 30 Years for Funding ISIS With Crypto

Mohammed Azharuddin Chhipa was sentenced to 30 years for funneling over $185,000 in crypto to ISIS between 2019 and 2022... Read Summary

May 9, 8:40 am

Coindesk

Japanese Firm Metaplanet Is Raising Another $21 Million to Buy Bitcoin

Metaplanet plans to sell $21.25 million in bonds to buy more Bitcoin, following two recent $25 million bond sales. The b... Read Summary