Hyperliquid’s HYPE token surges 60% after billion-dollar airdrop
Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29.
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Tether lauds Myanmar shadow government for making USDT an official currency
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.” 814 Total views 29 Total shares Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.Myanmar’s NUG is a shadow government…
Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates. Own this piece of history Collect this article as an NFTZimbabwe's central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting May 8. The…
Dutch Authorities Arrest Two Men for Alleged Crypto Money Laundering
The Dutch Fiscal Intelligence and Investigation Service (FIOD) has arrested two men for allegedly laundering money with cryptocurrencies.According to a statement released by the International Revenue Service on Feb. 18, the two men were arrested on Feb. 17 in connection to two separate criminal investigations into money laundering using cryptocurrencies. Both investigations were led by…
Fireblocks launches crypto payment engine with Checkout.com and Worldpay as pilot partners
Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. 216 Total views 3 Total shares Following a successful pilot phase, digital asset custody platform Fireblocks has launched its new payment engine for merchants, opening up pathways for businesses to settle and accept cryptocurrency transactions across jurisdictions. Fireblocks’ new Payments Engine…
California Governor Namedrops Bitcoin in Speech About ‘Extraordinarily Bad People’
California Governor Gavin Newsom warned the public against Bitcoin (BTC) fraudsters during his live speech about the coronavirus outbreak.On March 26, Newsom mentioned the leading cryptocurrency as part of his official speech about what measures had been taken by the state to prevent the further spread of the virus in California.Newsom went on raising the…
London Stock Exchange Leads $20 Million Investment in Finance Tokenization Startup
The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of the world’s reportedly first crypto-denominated, blockchain-settled bond.According to Reuters, LSEG paid an undisclosed amount for a minority equity stake in Nivaura. The startup provides…
Nevada Regulators Say Bitcoin ATMs Will Need License to Operate
Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced.Bitcoin ATM operators must contact authoritiesIn a statement first reported on by local news media outlet Nevada Current on Aug. 28, the state’s finance regulator, the Financial Institutions Division of the Department of Business and Industry (NFID), said…
Binance aims to allocate $1 billion for crypto recovery fund
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund. 738 Total views 3 Total shares Binance intends to allocate $1 billion for a proposed industry recovery fund, while its CEO revealed intent in a new bid for assets of bankrupt cryptocurrency lending firm Voyager by its United States-based business.Speaking…