France’s Macron denies Pavel Durov arrest was political
The Telegram founder was arrested at Le Bourget airport north of Paris on Aug. 24.
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UAE’s federal financial regulator opens licensing applications for VASPs
Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator. 489 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start…
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
Blockchain firms in Zug have very few options. 1757 Total views 53 Total shares The Swiss government has denied a 100 million franc request by the Canton of Zug for use in keeping local crypto companies afloat, according to local newspaper Tages-Anzeiger. Zug’s finance director Heinz Taennler initiated support for the financial package earlier in…
Goldman Sachs boosts tokenization efforts with new partnership
The open source Daml smart contract language forms the core of the Daml application stack, a core tech by Digital Asset. 978 Total views 5 Total shares American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset.The partnership enables Goldman…
CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24
Binance and former CEO CZ face lawsuit by investors over unrecoverable assets; RFK Jr. suspends, but doesn’t end, campaign: Hodler’s Digest.
Latest DeFi bridge exploit results in $4.4M losses for Meter
Another token bridge suffered a malicious attack where tokens were minted by a hacker through a smart contract exploit, eventually leading to a cascade effect across other DeFi networks. 1076 Total views 6 Total shares The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also…
This Altcoin Has Thrived Amid Global Lockdown, Seeing 102% Growth in 28 Days
Little-known altcoin Komodo (KMD) had a strong month amid the global lockdown. In the past 28 days the KMD coin price increased 102% against the dollar, while many larger cap cryptocurrencies struggled for momentum. From a coin price of $0.239453 on March 16, the value of Komodo climbed to a peak of $0.485010 on April 14…
EY aims to simplify cross-border withholding tax process with blockchain
EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. 372 Total views 7 Total shares Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY…
BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.Data released on May 13 confirms that overnight, the embattled cryptocurrency’s supply expanded to an eye-watering 6.9 trillion LUNA.6,900,000,000,000 LUNA, almost zero valueAfter a tumultuous week in which Terra attempted to rescue LUNA along…