Gibraltar court freezes $7M PLAY tokens amid crypto gaming firm’s internal biff

Tokenized treasury products are gaining widespread adoption on blockchain networks.

Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.

Singapore-based holding firm Blockchain Exchange Alliance, which has a controlling stake in major crypto exchange Bithumb, is looking to list in the United States by acquiring a publicly traded company in the country, CNBC reports on Jan. 22.According to CNBC, a publicly-traded holding company called Blockchain Industries announced that it had a binding letter of…

Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services. 176 Total views 46 Total shares Crypto exchange FTX US has applied for a trust charter with the New York Department of Financial Services, or NYDFS, to operate in the state. In a…

The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance.Now Bitcoin is threatening a retest of the $22,000 level, and a wave of short sellers would stand to profit if that occurred. If the short sellers’ strike price hits, some analysts believe Bitcoin…

The smart contracts platform has made substantial progress within the DeFi space since its launch last year. 1153 Total views 13 Total shares The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and…

UK multinational banking and financial services company Standard Chartered (SC) disclosed it is working on a blockchain pilot for bank guarantees using R3 Corda blockchain technology in a press release Thursday, August 30.In partnership with Siemens’ financing arm Siemens Financial Services (SFS) and trade finance platform TradeIX, the pilot began operating in March and aims…

Up to five banks or other payment services providers will be selected to participate without compensation in the development of the digital euro front end. 103 Total views 2 Total shares Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to…

Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny from regulators regarding the legality of its operations in certain countries.Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a regulatory crackdown on Binance.Thai SEC announced Friday that the agency had filed a…