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Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project


Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio...

Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022


Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been acquired without disclosure, likely to avoid upsetting...

Ethereum Technical Analysis: ETH Struggles Below Resistance


Ethereum is currently priced at $2,300 as of Sept. 16, 2024, fluctuating between $2,261 and $2,416 over the past day. With a market cap of $277 billion and a trading volume hitting $15.46 billion in the last 24 hours, ether is giving traders a mix of signals. Technical charts present...

The Evolution of Stablecoins: Innovations and Challenges


Introduction to Stablecoins Stablecoins have become a cornerstone of the cryptocurrency market, offering stability in a space known for volatility. […] The post The Evolution of Stablecoins: Innovations and Challenges appeared first on

Argentine Exchange Ripio Announces Defi Credit Card


Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned...

FBI Seizes Websites Linked to Crypto Recovery Fraud


The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant fees without delivering results. The FBI advises...

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