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El Salvador Parliament Green-lights USD 150M Bitcoin Fund as Critics Scoff


Bitcoin (BTC) path to becoming legal tender in El Salvador cleared another hurdle, with parliament approving a bill to launch a USD 150m adoption fund – but government critics continue to voice their discontent. The fund’s approval by the National Assembly was never in doubt due to the size of...

Centre Consortium Working to Create ‘Global Network’ of Stablecoins


Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep...

Digital Currency Firm FTX Acquires Crypto Derivatives Platform Ledgerx


On Tuesday, West Realm Shire Services Inc., the parent company of the crypto exchange FTX, announced that the firm has acquired the Commodity Futures Trading Commission (CFTC) regulated digital currency futures and options exchange and clearinghouse Ledgerx. FTX Acquires Virtual Currency Futures...

Dvision Hosts Metaverse Conference for BSC’s Anniversary


PRESS RELEASE. The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 2nd and end on the 7th of September, lasting six days with an action-packed...

Bitcoin Faces Resistance While Ethereum and Altcoins Rise


Bitcoin price struggled to stay above the USD 48,000 level and it started a fresh decline. BTC traded below the USD 47,500 support level. It is currently (04:28 UTC) facing an increase in selling pressure, with a major support near USD 46,200. Conversely, many major altcoins gained bullish...

Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million


Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known...

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