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Institutions Will Require Data Management Tools For Digital Asset Adoption
17.5.2024
Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment.
The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cryptonews
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Reddit Stock Price Jumps After OpenAI Data-Sharing Deal
17.5.2024
Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT.
The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews
SKUx and Visa partner to boost merchant and CPG digital transformation
17.5.2024
SKUx inks an exclusive deal with Visa to expedite digital transformation for specific business houses and FMCG firms. These organizations employ SKUx’s payment-focused services to support a variety of consumer use cases. These include client intake, loyalty issues, and a whole lot more. SKUx...
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
17.5.2024
Donald Trump's recent pro-crypto stance is seen as opportunistic by some, aligning with crypto entrepreneurs against stifling innovation.
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on Cryptonews
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
17.5.2024
SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems.
The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...
South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
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...
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal
16.5.2024
MetalCore and Portal said that creating a consolidated ecosystem eliminates onboarding barriers, opening doors to millions of new users.
The post MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal appeared first on Cryptonews
China Police Uncover $2B USDT Underground Banking Operation
16.5.2024
Chinese police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.
The post China Police Uncover $2B USDT Underground Banking Operation appeared first on Cryptonews
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
16.5.2024
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case.
The post South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case appeared first on Cryptonews
Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report
16.5.2024
Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14.
The post Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report appeared first on Cryptonews
Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated
16.5.2024
Paul Ryan said last week that stablecoins may help drive demand for dollars and U.S. debt.
The post Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated appeared first on Cryptonews
El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain
15.5.2024
El Salvador's National Bitcoin Office launches tokenized investment offerings on the Liquid network, leveraging blockchain technology for new opportunities. Discover how to invest in El Salvador Bitcoin and benefit from its growing ecosystem.
The post El Salvador Announces Tokenized Investment...
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
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...