Search
Mastercard’s Start Path Welcomes Five Startups to Develop Blockchain Use Cases
16.5.2024
Mastercard has announced the selection of five startups to participate in its Start Path blockchain and digital assets program, which seeks to foster innovation in blockchain technology and digital asset utilization.
The post Mastercard’s Start Path Welcomes Five Startups to Develop...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating
16.5.2024
The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
16.5.2024
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions...
Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit
16.5.2024
Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract...
Ripple Seeks Court Approval to Seal Sensitive Documents in SEC Lawsuit
16.5.2024
Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies, financial data, and internal communications. Public...
Microstrategy Joins MSCI World Index Amid Bitcoin Rally
15.5.2024
MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin and other major investments. Microstrategy currently holds over...
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
15.5.2024
Congressman Wiley Nickel (D-CA) is criticizing United States Securities and Exchange Commission (SEC) Chair Gary Gensler over SAB121 and the agency’s “open hostility” towards crypto, a Wednesday letter to Gensler from Congressman reveals. Nickel's letter comes amidst the controversial staff...
Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation
15.5.2024
The governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and cryptocurrency in the state. The bill defines key terms...
Global Banking Authorities Extend Crypto Regulatory Framework Deadline
15.5.2024
The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member...
Crucible to Launch 3D Emergence Marketplace for Interoperable Game Assets
15.5.2024
Crucible has announced a novel 3D on-chain marketplace set for launch this Summer.
The post Crucible to Launch 3D Emergence Marketplace for Interoperable Game Assets appeared first on Cryptonews
Binance to discontinue XRP and TUSD as margin assets
15.5.2024
Binance has made a formal declaration that it will be severing its ties with XRP, creating ripples in the market. Despite this, XRP managed to raise its price. This decision of Binance also brings TUSD (TrueUSD) into the picture. The company’s view-point is that it will not accept XRP and TUSD...
Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund
15.5.2024
Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. Bloomberg reported that the stolen funds remain unrecovered, and the hackers haven't been caught yet.
The post Fraudsters Partially Drain Assets from Crypto Investment Firm...
SEC tries again for Debt Box suit dismissal with option to refile
14.5.2024
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
14.5.2024
The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology
Deutsche Bank joins Singapore's asset tokenization project
14.5.2024
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether
MtGox set to distribute $500 million in assets to creditors by October 2024
14.5.2024
MtGox is on the way to deliver 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH), along with 69 billion yen, to creditors by October 31, 2024. For some time now, the company has put investors in an absolute quandary regarding its actual status. The company was officially established in 2010...
Coinbase recovers after system-wide outage, but user withdrawals remain offline
14.5.2024
While the reason behind the three hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange
Tether freezes $5.2 million in USDT linked to phishing scams
14.5.2024
Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...