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    South African Firms Launch a Local Currency-Backed Stablecoin

    South African Firms Launch a Local Currency-Backed Stablecoin

    A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management,...
    Binance Dominates Crypto Reserves With $155 Billion Lead

    Binance Dominates Crypto Reserves With $155 Billion Lead

    Coinmarketcap’s latest Proof of Reserves report shows Binance holding an overwhelming lead in exchange reserves, showcasing sharp differences in scale, liquidity, and asset strategies across major crypto platforms. Proof of Reserves Highlights Binance’s Liquidity...
    Wintermute Founder Casts a Cold Eye on Crypto’s Direction

    Wintermute Founder Casts a Cold Eye on Crypto’s Direction

    Wintermute founder Evgeny Gaevoy offered a blunt assessment of crypto’s current condition on Wednesday, arguing that the industry has stalled on substance even as speculation continues to dominate attention. Gaevoy Criticizes Stablecoins, Perp Exchanges, and Token...
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