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Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
22.11.2024
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day
Yellow Card’s African Push: Coinbase-Backed Platform Wins South African License
20.11.2024
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater...
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
19.11.2024
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire...
TRON DAO Unveils HackaTRON Season 7 Qualifiers and Winners, Backed by Google Cloud as Diamond Sponsor
19.11.2024
PRESS RELEASE. Geneva, Switzerland, November 19, 2024 – TRON DAO, in collaboration with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announced the qualifiers and winners of HackaTRON Season 7, a dynamic hackathon that united global innovators and showcased exceptional talent within...
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
18.11.2024
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year
Binance Report Highlights Rise of AI-Powered Crypto Apps and the Success of AI-Backed Meme Coins
13.11.2024
A new Binance report explores the rise of AI-powered crypto applications, highlighting the success of an AI-backed meme coin and the emergence of platforms for creating and managing AI agents. AI-Endorsed Meme Coin Brings Alignment Concept to the Fore According to a new report by Binance,...
Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency
11.11.2024
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...
Crypto-backed candidates notch more wins as House results trickle in
8.11.2024
Either Republicans or Democrats could have control of the House of Representatives in 2025, but a majority of lawmakers favoring crypto policies will still be in Congress
Tether Completes $45M USDT-Backed Crude Oil Deal
8.11.2024
Tether, a stabelcoin pegged to the US dollar, has completed a milestone transaction through its investment division, Tether…
Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale
7.11.2024
World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1 million in unrealized gains following a muted token sale last month
Bahrain-Backed Bank Launches Digital Asset Custody Service
5.11.2024
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset...
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei
Crypto-backed Super PAC reports raising $78M for 2026 midterm efforts
4.11.2024
The 2024 election results are likely still days away from being called, but industry advocates are looking to the next session of the US Congress
Crypto-backed Super PAC reports raising $78M for 2026 midterm efforts
4.11.2024
The 2024 election results are likely still days away from being called, but industry advocates are looking to the next session of the US Congress
Temasek-backed blockchain VC firm to start new investment fund: Report
1.11.2024
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion
Temasek-backed blockchain VC firm to start new investment fund: Report
1.11.2024
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion
Tether to launch dirham-pegged stablecoin on TON
1.11.2024
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
Nigerian Fintech Reaches Unicorn Status With $110 Million Google-Backed Funding Round
31.10.2024
Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently...
AI Startup Backed by Billionaire Peter Thiel’s Founders Fund Raises $500 Million
31.10.2024
Crusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a vertically integrated artificial intelligence (AI) infrastructure company, is set to secure...