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Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui
31.5.2024
Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners...
Citadel-backed Hidden Road halts ByBit access for clients
30.5.2024
Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange
Jack Dorsey-backed Bitcoin mining pool opens headquarters in El Salvador
30.5.2024
Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvador’s capital city, San Salvador
Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
30.5.2024
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,”...
Hidden Road Halts Client Access to Bybit Over KYC and AML Disagreements- Bloomberg
30.5.2024
Hidden Road, a prime brokerage backed by Citadel Securities, has suspended client access to the cryptocurrency trading platform Bybit due to disagreements over know-your-customer (KYC) and anti-money laundering (AML) requirements.
The post Hidden Road Halts Client Access to Bybit Over KYC and...
Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources
28.5.2024
Elwood is focusing on its existing portfolio management and risk management services, and less on the trading side, one source said
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
24.5.2024
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional...
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
24.5.2024
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team...
BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap
20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi).
The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...
Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week?
18.5.2024
As Bitcoin edges close to $67,000, analysts speculate if a new all-time high is on the horizon, backed by a robust $24.62 billion trading volume.
The post Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week? appeared first on Cryptonews
Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong.
The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews
Binance-backed Magic Square IDO platform to democratize retail investor access
17.5.2024
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
15.5.2024
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency
Ethereum Classic launches first USD-backed stablecoin: Classic USD (USC)
15.5.2024
The Ethereum Classic proudly announces the launch of Classic USD, its premium stable coin denominated in American dollars. The recent announcement is a byproduct of the collaboration between Brale, a stablecoin issuer, and web3 developers at the Ethereum Classic system. The Classic USD stablecoin...
Polygon Backed Game ‘Guild of Guardians’ Launches on Google Play and Apple
15.5.2024
Play-to-earn crypto game, Guild of Guardians, is being made available globally on Google Play and the Apple app store, for mobile devices.
The post Polygon Backed Game ‘Guild of Guardians’ Launches on Google Play and Apple appeared first on Cryptonews
CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs
14.5.2024
CoinShares’ revenue, gains, and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year
Amazon-backed Anthropic brings Claude AI chatbot to European users
14.5.2024
Amazon and Google-backed AI startup Anthropic launches its powerful Claude chatbot in Europe, boasting strong language skills and real-time information access. Cointelegraph put it to the test
US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns.
The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...
Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base
14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...
Philippines begins Peso-backed stablecoin sandbox testing
13.5.2024
The test aims to evaluate PHPC's real-world performance, its impact on the local fiat ecosystem, and its potential uses including payments, trading, and DeFi applications