News

🚨 Crypto Haven Dubai Turns Strict on Marketing Crypto Investments

Dubai's Virtual Asset Regulatory Authority has updated its marketing guidelines for crypto investments requiring clear risk disclaimers.

Crypto Haven Dubai has recently decided to shift gears and tighten the noose when it comes to marketing crypto investments in the country. This is the first such measure from the UAE as its crypto landscape sees rapid growth amid crypto-friendly rules, also attracting a large number of crypto investments.

⚠️ Court Orders WazirX To Disclose Wallets Amid 4-Month Moratorium

A Singapore High Court has ordered the WazirX to disclose its wallet addresses as part of the conditions for the four-month moratorium order.

A Singapore High Court has ordered the WazirX exchange to disclose its wallet addresses following the grant of a four-month moratorium. The court stipulated this as part of the conditions for the grant of the moratorium application, which paves the way for a restructuring plan to repay customers. About 45% of users’ funds were stolen following the $230 million hack on the exchange.

🚀 Ethena Labs Launches UStb Stablecoin With BlackRock And Securitize

Ethena Labs launches UStb stablecoin collateralized fully by BlackRock and Securitize offering differentiated risk profile to USDe.

Ethena Labs on Thursday said it will launch UStb stablecoin collateralized by BlackRock and Securitize, enabling a separate fiat stablecoin product alongside USDe. UStb will invest its reserves in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) tokenized by Securitize.

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Markets

📊 Cryptocurrency Prices on September 26: BTC Backtracks To $63K, But WLD Soars 11%

BTC and major altcoins trade in the red zone, mirroring the broader trend. But, WLD price gained 11%.

The cryptocurrency prices on September 26 have again raised investor concerns globally as Bitcoin and major altcoins plunged into the red territory. Notably, even the global crypto market cap slipped 1.92% to $2.22 trillion today. Further, the total market volume fell 12.5% to $65.06 billion. However, Worldcoin (WLD) emerged among the day’s top gainers, defying the broader market sentiment.

📈 Will Toncoin Price Hit $10 After the Hamster Kombat Airdrop?

Toncoin price may soar as the Hamster Kombat airdrop approaches, signaling potential for significant market movement and investor interest.

Toncoin (TON) price, the cryptocurrency associated with Telegram, has recently shown a promising upward trend. The asset has been trading near key support levels, showcasing stability and sparking speculations of potential further increases. Market speculators are keenly watching as Toncoin aims for a $10 milestone following the Hamster Kombat Airdrop event.

🔮 Arthur Hayes Predicts Bitcoin Will Benefit From ‘Volatility Supercycle’

Crypto founder Arthur Hayes has predicted that Bitcoin will benefit from governments printing more money to suppress volatility.

Arthur Hayes, the co-founder of the BitMEX crypto exchange, has predicted that the quantitative easing (QE) measures that several governments are adopting will benefit Bitcoin and the broader crypto market. He also revealed how market participants could benefit from this projected price boom for BTC.