Nillion network raises $25M for decentralized privacy solutions
Since its graduation from an accelerator in January 2023, privacy solution Nillion has raised a total of $50 million.
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Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine. 411 Total views 4 Total shares Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies.$873,118 worth of Tether (USDT) linked to illicit activity in
Mining ASIC Producer Ebang Reports ‘Significant Decreases’ in Revenue From July-September
Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the second half of 2018. This development was reported in documents submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. 20.HKEX only requires the financial period reported by IPO applicants not to end more than six months…
Ripple Adds Four Members to Regulatory Team, Joins Blockchain Association
San Francisco-based blockchain startup Ripple has announced three new appointments to its global regulatory team and that the company will be joining the Blockchain Association.Per an Oct. 22 blog post, Ripple has onboarded four new members — Craig Phillips, Michelle Bond, Ron Hammond and Susan Friedman — to its global regulatory team based in Washington…
BitGo to Provide Custody Services to Indian Crypto Exchange CoinDCX
Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinDCX, offering secure storage and partial insurance for assets traded on the platform.BitGo — a United States-based firm that claims to process over 20% of all Bitcoin (BTC) transactions — provides an insurance policy covering up to $100 million in value through a syndicate of…
Esports Platform With 260,000 Users Offers ‘Thrilling Live Fantasy Games’
An esports platform with a working product on the Ethereum mainnet says it is tackling the centralized nature of the online betting industry by enabling users to place wagers with their friends and family instead of old-fashioned bookmakers.Hero says it has amassed more than 260,000 registered users and a community in which anyone can create…
SEC vs. Ripple: A predictable but undesirable development
The U.S. Securities and Exchange Commission has not been kind to crypto in the past year. In March 2020, in the SEC v. Telegram case, the Commission won a worldwide injunction against the proposed issuance of Grams by Telegram, undoing years of innovative work even in the absence of any allegations of fraud. Then, on…
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of its stablecoin. 184 Total views 1 Total shares The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July 2021 to June 2022, reaching $562 billion, according to an Oct. 20…