Judge orders BitMEX to pay $100M fine over US banking law violations
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act.
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Blockchain Firm Algorand Raises $60 Million in New Token Sale
Blockchain company Algorand has raised over $60 million in a token sale on financial services platform CoinList, technology-focused news outlet The Block reported on June 19.The Algorand Foundation — a firm that implements an open source public ledger and cryptocurrency payment system utilizing the Byzantine Agreement message-passing protocol — has reportedly raised $60 million in…
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Gemini Adds Support for Bitcoin Cash Trading and Custody on the ABC Network
Cryptocurrency exchange Gemini announced support for Bitcoin Cash (BCH) custody and trading today with a post on its official Medium blog, Dec. 8. Gemini, which is based in the United States, was founded in 2015 by the Winklevoss brothers.The exchange pointed out that, at the moment, it will “only be providing support for the Bitcoin…
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Tether’s Ardoino says it’s now a top buyer of US Treasury bills, holds $72.5B
The amount of exposure places Tether in the top 22 biggest holders of U.S. Treasury bills, ranking above countries like Spain, Mexico, Australia and the United Arab Emirates. 280 Total views 2 Total shares Stablecoin issuer Tether has become one of the world’s top buyers of United States Treasury bills, according to Tether chief technology
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Why Cardano Founder Chose Wyoming Over the ‘Giant Egos’ at Harvard
Cardano founder Charles Hoskison explains why University of Wyoming represents a better return on investment for IOHK than Harvard, MIT or Cornell. 499 Total views 20 Total shares Cardano founder Charles Hoskinson has revealed why the University of Wyoming presented a more attractive choice than Harvard, MIT or Cornell for Input Output’s (IOHK’s) lab.IOHK, the…
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Square Enix partners with Enjin to launch Final Fantasy VII collectibles
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store, while the digital collectibles will be available in 2030. 155 Total views 19 Total shares Game development giant Square Enix partnered with nonfungible token (NFT) platform Enjin (ENJ) to launch a digital and physical collection featuring Final Fantasy VII, a highly popular…
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Trump admin unlikely to change Tornado Cash approach, Coinbase warns law firms: Law Decoded
The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing.
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DeFi Cannibalizes Ethereum Block Space
Data published by Ganesh Swami, the co-founder of Ethereum (ETH) analysis firm, Covalent, indicates that decentralized finance, or DeFi, transactions are representing an increasing share of Ethereum block space at the expense of ETH transfers.Swami analyzed the gas costs incurred by Ethereum transactions over time in order to estimate the share of network activity represented…
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100 billion reasons Apple should get behind Bitcoin: Michael Saylor
Portfolio manager Dan Weiskopf has a win/win plan for a fitting marriage between tech’s biggest giant and Bitcoin, which has been endorsed by Michael Saylor. 858 Total views 12 Total shares Apple should invest a portion of its massive cash reserves in Bitcoin, Toroso Investments’ portfolio manager Dan Weiskopf posted earlier today on the ETF…