Franklin Templeton launches US gov’t money fund on Solana
Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has launched its US government money fund on Solana.
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Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewAll eyes on CPIData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it briefly passed the $17,000 mark the day prior. The pair had seen flash volatility on…

Binance Futures Hosts Trading Competition With Prize Pool Worth $1M
Cryptocurrency exchange Binance announced on March 25 that it will be hosting a trading tournament where participants could compete in teams and win a prize pool of up to $1 million in BNB tokens.According to the announcement, the tournament will take place between April 10 and April 25, and will take place in two ways: daily…

Former SpaceX Engineer Targets Consumer Traders With His LXDX Crypto Exchange
A former engineer at Elon Musk’s SpaceX has announced his new firm LXDX would launch a public cryptocurrency exchange, Leaprate reports Monday, September 17.Previously engaged in automation and propulsion at SpaceX, Joshua Greenwald has since turned his attention to institutional-grade cryptocurrency trading. While already operating for institutional investors, Greenwald now wishes to hook the mainstream consumer…

UK tax authority makes first NFT seizure in VAT fraud case
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. 387 Total views 5 Total shares HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud.The tax watchdog claimed it…

Acid, Bitcoin mining and a bad trip to North Korea
Ethan Lou is a journalist turned Bitcoin miner turned two-time author whose latest book, Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West, is a modern western recount a gloomy millennial’s rebirth in the wild west of crypto — complete with scammers, party drugs and a North Korean crypto conference.“Want to go…

Adopting the Bitcoin standard? El Salvador writes itself into history books
The cryptocurrency space and wider economic community continue to laud a historic move by El Salvador to recognize Bitcoin as legal tender. The Central American country has become the first in the world to do so, and the move has also spurred a handful of other Central and South American countries to begin taking steps…

Tether boasts of its financial stability after strong profits, money moved out of banks
Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism. 464 Total views 3 Total shares Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported…

Malta’s Finance Minister: Crypto Means Finance Middlemen ‘Face The Chop’
Financial intermediaries will be “facing the chop” thanks to Bitcoin and cryptocurrency, Malta’s finance minister told Cointelegraph in an interview Friday, October 5.Speaking in a private interview during the Malta Blockchain Conference: Delta Summit 2018, Edward Scicluna said that the advent of cryptocurrency that is usable by the mass populace was making the middlemen of…