Metaplanet eyes upping Bitcoin holdings to 10K BTC in 2025
Metaplanet holds 1,762 Bitcoin and wants to increase its stash by 467% to 10,000.
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HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform.As Reuters reported on Sept. 2, HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction deploying R3’s Corda-powered Voltron platform. In the cross-border transaction, Hong Kong-based electronics manufacturer MTC Electronics exported…

Bitcoin Price Ranging Under $9.3K Is ‘Extremely Fine,’ Says Analyst
Bitcoin (BTC) returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment. Cryptocurrency market daily overview. Source: Coin360Bitcoin shows firm $9K supportData from Coin360 put the largest cryptocurrency at around $9,200 as of press time Friday, with 24-hour performance seeing it dip as low as $9,060.Bitcoin seven-day price…

Brazil’s data watchdog upholds ban on World crypto payments
World, formerly known as Worldcoin, is a digital ID project that uses iris scans to create a digital identity. Brazil’s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns. The National Data Protection Authority (ANDP) rejected a petition by World ID developer Tools

CluCoin founder asks to be spared prison for $1.1M fraud scheme
CluCoin founder Austin Michael Taylor asked a judge to sentence him to probation after he copped to wire fraud for a $1.1 million crypto scheme.

Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO
CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century.

DForce Hacker Returns Stolen Money as Criticism of the Project Continues
The hacker who stole $25 million in crypto on April 19 from decentralized finance, or DeFi, protocol, dForce, has since returned the money. Most signs indicate that this was due to the hacker accidentally leaking data which could have led to their identity being discovered. dForce has not issued any clarifying statements, despite mounting criticism…

HitBTC Scammers Face Two Years in Jail for $140K Bitcoin Twitter Fraud
Two Canadian men who defrauded a Bitcoin (BTC) investor out of $140,000 by impersonating exchange HitBTC may serve two years in prison.According to court records on Dec. 16, brothers Jagroop Singh Khatkar and Karanjit Singh Khatkhar pled guilty to charges of conspiracy to commit wire fraud over a scam carried out via Twitter in July…

Algorand Announces $43 Mln Grants Program to Foster ‘Borderless Economy’
The Algorand Foundation announced a 250 million ALGO (roughly $43 million) grants program to foster development on the Algorand blockchain on April 14.Cointelegraph spoke to Fangfang Chen, the Algorand Foundation’s head of operations, to find out more about the program.Algorand launches $43 million grants programThe funds will be allocated to “qualified investors across four major…