Category : Blockchain

Blockchain

Arthur Hayes: The Federal Reserve is Doomed to Fail

Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global accep...

Hong Kong Monetary Authority Emphasizes AI and DLT in Fintech Roadmap

The Hong Kong Monetary Authority (HKMA) has released a Fintech Promotion Roadmap, aiming to promote fintech adoption in the financial services industry. The roadmap includes key fintech sectors like Wealthtech, Insurtech, and Greentech, and introduce...

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages. (Read Mor...

Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption

API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM

API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediarie...

Breaking: Zachary Testa Identified as Pepe Coin Founder Following Price Crash

Zachary Testa, linked to $pepe coin, faces scrutiny after a 20% price drop. Changes in wallet thresholds and a $15.5M transfer to major exchanges like Binance are noted. (Read More)

Base Unveils Its Decentralized Superchain Vision Powered by OP Stack

Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue t...

Prominent Crypto Businessman Moshe Hogeg Faces Serious Allegations Following Two-Year Investigation

Israeli police have recommended charges against cryptocurrency entrepreneur Moshe Hogeg for fraud, theft, money laundering, and sex crimes. The investigation, which began in 2021, has involved 180 people, searches, and confiscation of evidence, money...

Washington D.C. Attorney Faces SEC Insider Trading Charges

Romero Cabral da Costa Neto, a visiting attorney at a global law firm, has been charged with insider trading by the SEC, alleging he accessed confidential information about Swedish Orphan Biovitrum's acquisition of CTIC and purchased over 10,000 shar...

SEC's Chair Gary Gensler Issues Statement on Amendments to Broker-Dealer Registration Rule

The U.S. Securities and Exchange Commission (SEC) is amending Rule 15b9-1, allowing broker-dealers to bypass national securities associations like FINRA. The changes aim to ensure consistent oversight, particularly in cross-market and off-exchange ac...

Pantera Capital Predicts Bitcoin to Hit $35k Before 2024 Halving and Surge to $148k Afterward

Pantera Capital's publication explores the "positive black swan" event in the blockchain industry, highlighting its positive implications, historical predictions, rapid growth, resilience, and the transformative potential of DeFi platforms. (Read Mor...

Crypto Liquidity Provider B2C2 Acquires Woorton, Strengthening European Crypto Presence

B2C2, a leading crypto liquidity provider, has acquired Woorton, a leading European entity in market-making and over-the-counter transactions for the digital asset sector. Woorton, majority-owned by SBI, has facilitated institutional access to crypto...

Coin Center Questions Tornado Cash Indictments in Light of FinCEN Guidance

The US Office of Foreign Asset Control accused former Tornado Cash creators Roman Storm and Roman Semenov for conspiracy to run an unauthorised money-transmitting company. The crypto community worries about the indictment's FinCEN compliance. Peter V...

Tornado Cash Founders Face Legal Action Over Money Laundering and Sanctions Violations

Tornado Cash co-founders Roman Storm and Roman Semenov have been indicted for money laundering, sanctions violations, and operating an unlicensed money transmitting business. The US Treasury added Semenov to its list, preventing US residents from usi...

Russian Investors File Class Action Against Atomic Wallet Following $100 Million Heist

Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights...

Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact

The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political i...

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC

Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed...

Zilliqa declares the establishment of the Zilliqa Group.

Zilliqa Research Pte. Ltd. has formed the Zilliqa Group, a conglomerate focusing on Web3 and blockchain-based products, including gaming and decentralized finance, with a restructured board overseeing the transition. (Read More)

Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports

The 2023 ISG Provider Lens™ report highlights the global transformation of finance and accounting departments due to COVID-19 lockdowns and remote work, relying on external providers for digital strategies and outcome-based contracts. (Read More)

NASDAQ Listed MIGI Boosts Bitcoin Self-Mining in July 2023 Operational Update

Mawson Infrastructure Group, a leading digital infrastructure and Bitcoin mining company, reported a 23% month-on-month increase in its "Total Revenue Equivalent in BTC" to 163. The company's operational capacity was 96 Megawatts, supporting 27,636 B...

Binance to Remove ALCX, FOR, LOOM, NMR, PEOPLE, PUNDIX, SPELL, STORJ from BUSD Trading Pairs on August 25, 2023

Effective from 2023-08-25 at 03:00 (UTC), the following spot pairs will no longer be available for trading on the platform: ALCX/BUSD, FOR/BUSD, LOOM/BUSD, NMR/BUSD, PEOPLE/BUSD, PUNDIX/BUSD, SPELL/BUSD, and STORJ/BUSD. (Read More)

Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures

Ideogram AI, an AI company, aims to use generative AI to enhance human creativity. The company has raised $16.5 million in seed financing, with participation from venture capital firms and industry experts. Ideogram AI is seeking talent in engineerin...

FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist

The FBI is monitoring cryptocurrency theft by DPRK's TraderTraitor-affiliated actors, including Lazarus Group and APT38. The agency suspects the DPRK might liquidate over $40 million worth of bitcoin. The FBI advises companies to scrutinize blockchai...

Financial Stability Risks from Cryptoassets in Emerging Market Economies Highlighted by BIS

The Bank for International Settlements (BIS) and the Consultative Group of Directors of Financial Stability (CGDFS) have released a report on the financial stability risks from crypto assets in emerging market economies. The report highlights the rap...

U.S. Homeowners Express Rising Financial Anxieties, According to FAR Survey

Finance of America Reverse LLC released its 2023 Home Equity Punch List, revealing that 79% of homeowners remain uneasy about the U.S. economy, with concerns about unforeseen healthcare expenses and discretionary spending. Gender differences were als...

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