McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
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France’s Financial Regulator Grants Country’s First Approval for an Initial Coin Offering
The hype around initial coin offerings may have quieted down in the States, but France seems to be taking a newfound interest. On Dec. 17th, France’s financial regulator, the Autorité des Marchés Financiers (AMF), granted the country’s first approval for an ICO application.The offering came from French-ICO, a company that has developed a platform for…

Major Thai bank experimenting with decentralized finance
Kasikornbank has identified asset-backed DeFi as having the potential to create economic value for Thailand. 2433 Total views 14 Total shares Kasikornbank, or KBank, one of Thailand’s largest banks has begun experimenting with DeFi services as part of its business expansion plan.According to a report by Bangkok Post, the bank’s DeFi exploration is being spearheaded…

How can UK-based businesses accept 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

Forget BTC Price, It’s Now Possible to Trade Bitcoin Hash Rate Futures
FTX debuts a product which delivers quarterly settlements based on Bitcoin’s hash rate, calculated using the average difficulty. 1784 Total views 39 Total shares Bitcoin (BTC) holders now have a new tool to leverage the largest cryptocurrency’s growing ecosystem as two new futures markets go live. In a blog post on May 15, derivatives platform FTX…

Nifty News: Jimmy Fallon wants exemption from BAYC trademark case
Lawyers of Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show, have filed a petition to "quash" a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case. The lawyers claim that Fallon has no connection to the dispute, is not a party to the Ripps litigation,…

Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
Decentralized identity solutions might be blockchain’s killer app. 1157 Total views 35 Total shares LG has partnered with United States-based company Evernym to develop blockchain ID technology.Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration…

Tether, Tron and TRM Labs jointly froze $126M USDT in 2024
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.