Telegram founder Pavel Durov arrested — What we know so far
Telegram founder Pavel Durov was arrested in France on Aug. 24. Here’s what we know so far and how prominent figures have reacted.
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ABN Amro issues €5M digital green bond through Polygon-powered Tokeny
The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer 2 Ethereum protocol. 280 Total views 2 Total shares Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer 2 Ethereum scaling technology to raise €5 million.The green bond was
Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist
The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19.The first company, a trading platform called Richmond Investing, has purportedly violated the Consolidated Law on Finance (TUF) — a fundamental law governing Italian financial markets…
Bitcoin-friendly Próspera hits back at controversy in The Guardian
The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansion plans.A July 5 article from The Guardian reported the special economic zone, touted as an island paradise with low taxes/fiscal responsibility, luxury…
US Senate votes to confirm Gary Gensler as SEC chair
Gensler's confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. 2973 Total views 19 Total shares Voting mostly along party lines, the U.S. Senate confirmed the nomination of Gary Gensler to chair the Securities and Exchange Commission, or SEC.In a vote of 53-45 today, the Senate…
Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Payments services firm Bitspark is releasing a cryptocurrency pegged to the Philippine peso (PHP). The development was announced in a press release shared with Cointelegraph on April 25.Bitspark, a blockchain-based bankless money transfer solution, will launch a PHP pegged cryptocurrency for money transfers dubbed “peg.PHP.” The first company to use peg.PHP will reportedly be an…
Avalanche soars to new highs after Deloitte adoption — But risks emerge for AVAX price
Avalanche (AVAX) rose to a new price high on Nov. 18 and posted weekly gains after its developer, Ava Labs, entered a partnership with "Big Four" accountant firm Deloitte.The AVAX price reached a little over $110 after rising circa 16% week-to-date (WTD), with its circulated market cap hitting $23.76 billion, almost 0.93% of the total…
OTC Exchanges Help Thwart $5M Bank Heist in Brazil
A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges.The perpetrators immediately moved to convert the stolen funds into…