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Tether under fire for alleged terror finance links
19.6.2024
The focus is again drawn to Tether, the largest stablecoin issuer in terms of market capitalization. This comes after Consumers’ Research, a non-profit organization, started a crusade to expose what they allege as Tether’s complicity in terror financing human trafficking and interacting with...
Bitcoin block size hits yearly low: Impact of BTC halving?
19.6.2024
Despite Bitcoin’s block size hitting a yearly low, the Runes minting market continues to show strong activity and profitability
Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity
19.6.2024
The German government labeled wallet heled 50,000 BTC since February earlier this year and moved out 6,500 BTC on June 19
Nomura crypto arm Laser Digital bags Abu Dhabi license
19.6.2024
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations
Arkham Offers a $150,000 Bounty for the Identity of Alleged Donald Trump’s DJT Token Creator
19.6.2024
Arkham, a cryptocurrency analytics platform, has put a bounty of 100,000 ARKM, valued at $150,000, for information leading to the reveal of the creator of DJT, a Solana token linked to the former President and current Republican presidential candidate Donald Trump. While the token was issued with...
Alexandria Ocasio-Cortez Bashes Fairshake Involvement in New York Democratic Party Primaries
19.6.2024
New York Rep. Alexandria Ocasio-Cortez has criticized the involvement of Fairshake, a crypto-focused super PAC, in New York’s 16th congressional district democratic party elections. Ocasio-Cortez qualified the media campaign against incumbent Jamaal Bowman, valued at over $2 million,...
US Charges Empire Market Operators in $430M Dark Web Scheme — They Face Maximum Sentence of Life in Prison
19.6.2024
The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized...
Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC
19.6.2024
The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible...
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
19.6.2024
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,”...
Balaji Srinivasan Explains Why Crypto Will Dominate Post-AI Money Systems
19.6.2024
Balaji Srinivasan argues that in the era of AI, money will become cryptocurrency, providing digital scarcity to complement AI’s digital abundance. “AI is digital abundance but it doesn’t make everything abundant. Crypto is digital scarcity and complements AI’s abundance. So money after...
Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections
19.6.2024
Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto,...
Multiple US States Have Revoked Binance US Crypto Licenses
18.6.2024
Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...
Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets
18.6.2024
A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights...
Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
18.6.2024
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk...
Crypto Market Slump, is Bitcoin Price Drop The Cause?
18.6.2024
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price...
Transak Lists Paypal’s PYUSD for Easier Crypto Access
18.6.2024
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak...
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
18.6.2024
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated...
Tezos Foundation: Securing blockchain globally with Google Cloud
18.6.2024
Google Cloud has recently allowed the Tezos Foundation to create a safe, global mirror image of the original Tezos blockchain technology. The standard SDK tools of Google Cloud smoothly performed this strategic implementation across different continents, greatly enhancing the challenges...
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...
Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
18.6.2024
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5...