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Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Optimism Sells $89M OP Tokens in Private Transaction
8.3.2024
The tokens have been sold to an undisclosed buyer and will be vested for two years
Spain Halts Sam Altman’s Worldcoin Eyeball-Scanning Venture Over Data Concerns
6.3.2024
Spain's data regulator, the Agencia Española de Protección de Datos (AEPD), has instructed Sam Altman's cryptocurrency project, Worldcoin, to halt its operations in the country. This includes stopping the collection of private data through eye scans and ceasing the use of previously gathered data...
Sygnum Bank, Apex Group, & Hamilton Lane widen participation in private markets
5.3.2024
Sygnum Bank, in collaboration with Hamilton Lane and Apex Group, has introduced an all-encompassing initiative to establish connections with a broader and more diverse range of well-known investors. This pertains to privately operated international markets. By leveraging the capabilities...
Crypto for Advisors: Private Credit Meets the Blockchain
29.2.2024
In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain
Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys
28.2.2024
Crypto exchange Uphold has warned customers that fake emails from scammers posing as the company is trying to fleece users of the keys to their Bitcoin wallets.
The post Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys appeared first on Cryptonews
St. Regis Aspen Resorts to Tokenize Equity Using Tezos Blockchain
28.2.2024
RSRV partners with Tezos blockchain to tokenize 5% of St. Regis Aspen Resort's equity, offering investors a new way to hold equity and access room exchanges.
The post St. Regis Aspen Resorts to Tokenize Equity Using Tezos Blockchain appeared first on Cryptonews
Concerns Raised as Scam-as-a-Service Provider Registers as UK Business Entity
23.2.2024
The team behind a crypto wallet draining scam-as-a-service has registered as a private business in the UK, according to a tweet yesterday by blockchain security company Certik. #CertiKSkynetAlert ???? CryptoGrab – provider of the Nova wallet drainer – recently registered as a private company in...
Head of SEC’s Crypto Legal Team Exits for Private Firm
21.2.2024
A press release published on February 21 by White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group.
The post Head of SEC’s Crypto Legal Team Exits for Private Firm appeared first on Cryptonews
Citi Completes Private Market Tokenization Test Using Avalanche
17.2.2024
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed...
Craig Wright Admits Destroying Satoshi’s Hard Drives While Under Influence of ‘Sedatives’
15.2.2024
Self-proclaimed Bitcoin creator Craig Wright admitted to destroying the hard drives containing his private keys on February 15. According to Wright, he did this under the influence. Giving reasons behind this misstep, Craig Wright stated that he came back from the hospital and was ‘sedated’ as...
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
15.2.2024
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from...
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
Citi, Wellington Management, & WisdomTree explore private market tokenization
15.2.2024
Citi announced that it has successfully conducted the Proof-of-Concept on the tokenization of private funds. The feat has been achieved in association with Wellington Management and WisdomTree, adding that PoC was done on the Avalanche Spruce institutional test subnet.The capabilities of smart...
Citi Bank Tests Tokenization of Private Equity Funds on Avalanche
14.2.2024
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets
Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
BIS Warns Against Unregulated Metaverse: A Call to Prevent Fragmentation and Corporate Control
8.2.2024
The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy. The 31-page report warns that future money and virtual environments run the risk...
Disney Invests $1.5 Billion in Epic Games to Create New Virtual World tied to Fortnite
8.2.2024
Entertainment giant Disney and video game developer Epic Games have joined forces to build a new immersive virtual universe tied to Fortnite. In a recent press release, Disney said it also plans to invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. While...
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
5.2.2024
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion,...
20+ Best VPN-Friendly Casinos for 2024
5.2.2024
Virtual Private Network or VPN-friendly casinos are a very popular choice for many gamblers. VPNs solve a lot of the problems gamblers face when it comes to online gambling, from geo-locks when traveling abroad to privacy concerns. But how can you be sure that the VPN casino you chose is worth your...