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Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
15.9.2024
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing...
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns
15.9.2024
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin...
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
14.9.2024
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements...
Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election
14.9.2024
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a...
5 US States Settle With GSB Group Over Unregistered Crypto Sales
14.9.2024
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting...
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
14.9.2024
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated...
CFTC Teams up With SEC to Fight Cryptocurrency Scams
14.9.2024
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers...
In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance
13.9.2024
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary...
Nigeria Accuses Four Crypto Traders of Forex Regulations Violations
13.9.2024
The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley,...
Trump’s crypto platform launch, Uniswap denies charging for protocol deployment: Finance Redefined
13.9.2024
Trump is launching the World Liberty Financial DeFi platform, Uniswap’s CEO denies charging for protocol deployment, and the Sonic blockchain hits 720ms finality
Hamster Kombat Scores Binance Listing, Updates HMSTR Supply Before Airdrop
13.9.2024
Hamster Kombat, one of the world’s most successful Web3 games, has announced that Binance will list its HMSTR token and will include the project as the 58th initiative part of its Launchpool structure. Hamster Kombat’s team also stated that HMSTR would have a total supply of...
SEC ‘regrets any confusion’ from dubbing tokens as securities: filing
13.9.2024
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations
Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’
13.9.2024
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce....
Worldcoin’s World ID gets bridge to Solana via Wormhole
13.9.2024
Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant
USDC Issuer Circle Moves Headquarter To NY City
13.9.2024
Circle, the issuer of USD Coin (USDC), is making a bold move by relocating its global headquarters to…
Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty
13.9.2024
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner,...
SEC expands Binance lawsuit: AXS, FIL, ATOM now securities
13.9.2024
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry
WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected
13.9.2024
WazirX, a prominent Indian crypto exchange, is currently grappling with the aftermath of the $230 million hack on…
Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC
13.9.2024
Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made...