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Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges


Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...

Tokenized Asset Settlement Project will transform asset management


Present-day institutional investors firmly believe in tokenization’s capacity to transform the asset management sector. ANZ (Australia and New Zealand Banking Group) effectively executed the Delivery vs. Payment (DvP) procedure to settle tokenized assets across multiple networks in various...

Fansland incorporates the Polygon PoS blockchain


Fansland announced it’s incorporating the Polygon PoS blockchain to bring about a game-changing fan involvement via blockchain technology. All connected users will be provided the option of being exposed to quick and cost-friendly financial and entertainment verticals. Incidentally, Polygon...

Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade


An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks.  The Dencun upgrade...

Nigeria and Turkey Biggest Adopters of Crypto in 2024


Looking into the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista. But what does the world map look like? The post Nigeria and Turkey Biggest Adopters of Crypto in 2024 appeared first on Cryptonews

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