Tether hires Chainalysis’ chief economist for USDT usage reports
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.
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Jack Dorsey’s Block looks to settle with New York on money laundering claims
“The company is engaging in conversations with NYDFS to determine whether this matter can be settled on acceptable terms,” Block Inc. said in a regulatory filing.

Binance announces community voting mechanism for token listings
Major centralized exchanges are exploring and implementing changes to the token listing process as the number of cryptocurrencies grows. 6487 Total views 5 Total shares Binance, the world's largest centralized exchange, has announced a community co-governance structure that allows Binance users to vote to list or delist tokens on the platform. According to the announcement

Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip
Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of…

CoinMarketCap Releases New Mobile App Version With User Accounts, Price Alerts
Crypto data tracker CoinMarketCap has released a new version of its app for iOS and its first Android app today, April 16, with added features for price tracking and user accounts.According to the website, the mobile app will include candlestick charts, daily historical open-high-low-close chart data and the option for setting price alerts on all…

Nodle Outgrows Stellar, Begins to Migrate to own Blockchain
Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet.Nodle is a decentralized network provider that specializes in detecting and connecting the internet of things (IoT). It currently connects over five million active nodes with over 92 million…

Data center operators have ‘no problem’ with new Russian crypto crackdown
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried. 904 Total views 25 Total shares BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s…

Metaverse investments: Opportunities and risks of the trillion-dollar VR market
The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in…

Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. 1875 Total views 75 Total shares Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling cryptocurrencies. According to a Chinatimes report on June 13, banks in China have clarified that they are…