Rapper Sexyy Red’s team bought 90% of PRESI token at launch — ZachXBT
The onchain sleuth claimed that team wallets “sniped” 90% of the token supply by buying it from the liquidity pool just after launch.
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GameStop finishes $1.5B raise to add Bitcoin to its balance sheet
GameStop’s board had greenlit an investment in Bitcoin and US-dollar-pegged stablecoins using the convertible debt offering and cash reserves on March 25. 540 Total views 1 Total shares Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially

Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.

FATF Guidelines Updated to Combat Money-Laundering and Terrorism Financing in Europe
Regulation has been a major talking point in the cryptocurrency sphere in 2018 - mainly due to the monumental crypto-craze in 2017.This has come to the fore in Europe, after the Financial Action Task Force (FATF) updated its policy on cryptocurrencies in October, which were initially established back in 2015.To understand the implications of these…

Dash Launches Latin America’s First Ever Crypto Debit Card
Crypto exchange Taurus will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Taurus.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Taurus’ customers in Mexico.The card will work at millions of stores in…

Gibraltar Blockchain Exchange Insures Its Crypto Assets With Local Broker
The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10.The exchange reports that it will use local firm Callaghan Insurance Brokers to insure its assets, specifying that “all assets in the custody of the GBX are fully…

EU-Founded Task Force to Study How Blockchain May Help COVID-19 Response
A blockchain association has partnered with the European Commission and University College London (UCL) to coordinate blockchain solution providers in addressing the coronavirus pandemic.The organization, called the International Association for Trusted Blockchain Applications (INATBA), was founded at the behest of the EU last year.Its current effort brings together various public and private entities in a…

Pundi X Says Its BOB Smartphone Is the First Powered ‘Entirely by Blockchain’
Decentralized offline cryptocurrency sales network firm Pundi X showcased its Blok on Blok (BOB) blockchain smartphone at the IFA trade show in Berlin, reported IT-focused news portal CIOL on Sept. 10.Pundi X claims that BOB is the first smartphone in which every bit of data will be executed on the Function X blockchain ecosystem –…

Hong Kong’s New Criteria on Crypto Exchanges Actually Isn’t Important
On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, Reuters reported that a crypto exchange based in Hong Kong called OSL became the first to apply for a license…