Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.
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On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services. Local newspaper Handelsblatt reported on Feb. 7 that Germany’s Federal Financial Supervisory Authority (BaFin) is dealing with a cascade of applications from 40 banks seeking to become regulated cryptocurrency custodians. As of Jan. 2020,…
What is BlackCat ransomware in crypto?
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Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters
Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President Nicolas Maduro announced that the oil inventories are sitting in the country’s storage tanks and are ready for immediate commercialization to serve as a “liquid, physical, material backing” for the Petro. The president announced the news…
Bitcoin Price Drops Under $10,000 as Downtrend Continues
Monday, July 1 — Bitcoin (BTC) lost its grip on the $11,000 price mark earlier today to sink below $10,000 at press time. The leading cryptocurrency has pulled other top-20 coins down, with none of them reporting gains, according to data from Coin360.As Cointelegraph reported earlier, market analysts were expecting a 40% correction from the…
How brands are using digital fashion in real life
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse. 241 Total views 18 Total shares
CME Group introduces micro Bitcoin futures
The new contract is worth one-tenth the size of a single Bitcoin. 5120 Total views 22 Total shares The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets. TIm McCourt, CME Group’s global head of equity index and alternative investment products,…
FTX to submit revised reorganization plan in mid-December
Bankrupt, defunct exchange FTX is preparing to present an updated reorganization plan to the court in mid-December. 35 Total views 36 Total shares The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December