The new requirements force know-your-customer (KYC) checks on transactions over 1,000 even those involving self-hosted wallets.

Traders have sold approximately $305 million worth of TUSD over the past day against only $129 million in buys.

Buterin says that systems relying on external data availability are validiums rather than "genuine" rollups.

The decision comes a week after the asset manager received approval from the SEC to list a spot Bitcoin exchange-traded fund (ETF).

USDCs market cap has rebounded by roughly $1 billion and has seen rapid growth in the Asia-Pacific and Latin American regions.

OKX commended VARA's efficient licensing process and effectiveness in governing the crypto sector responsibly.

Bitcoin ETFs were hailed as a milestone for crypto adoption on Wall Street, but their impact remains unclear.

Bitfinex's systems automatically flagged the transaction because it requires a "delivered amount" field, blocking the attempted exploit.

The move will allow the Europe-based firm to participate in the current competition for the spot Bitcoin ETF.

The Hedera and Algorand ecosystems are partnering to simplify securing and recovering digital assets in Web3.