Bitrue

Diamond Standard Co. has introduced a new system for international money transfer - Carats. Unlike traditional cryptocurrencies or fiat currencies, the new digital commodity currency, Carats, is backed by physical diamonds held in Brinks vaults. This innovation allows users to send and receive...

The stablecoin market has seen a drastic shift in market share year-to-date, with Tether (CRYPTO: USDT) taking the lion's share of the pie. What Happened: USDT's market share has increased by over 25% to $83.7 billion in the past year, while USD Coin (CRYPTO: USDC)'s market...

Singapore-based cryptocurrency exchange Bitrue on Friday announced that hackers had stolen $23 million from one of its wallets. The exchange did not provide details on how the attack occurred. In a tweet, Bitrue stated, "We have identified a brief exploit in one of our hot wallets on 07:...

A day after cryptocurrency-focused bank Silvergate Capital Corp (NYSE: SI) admitted that it may struggle to remain solvent due to significant losses, industry experts opine the bank's fall is only a matter of time, even as they expressed concerns about the potential...