Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
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ASIC calls for closer engagement, but crypto industry says rules are unclear
Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations. 1837 Total views 21 Total shares The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster innovation in the region. Speaking at the Australia…
Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam
A Bored Ape Yacht Club (BAYC) owner says he has managed to avoid a potentially “dreadful day” after being asked to retrieve a banana for a photo from someone they initially believed was interviewing them for Forbes.On Nov. 27, NFT collector ‘Crumz’ detailed his run-in with a scammer posing as a Forbes journalist. He reported
Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. 69 Total views 1 Total shares The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user
India’s Crypto Industry Still Threatened by Ban as Pending Bill Looms
A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill" from 2019, Business Insider reported on March 7.If passed, the bill will introduce unique regulatory frameworks for virtual currencies, utility tokens, and commodity-backed tokens — likely…
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing: shock inflation data from…
European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27.Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his…
Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work.Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says it…
Major Car Companies Get Creative Before Next Crypto Bull Run
Luxury car company Rolls Royce announced a line of cars hosting blockchain puzzles, shortly after Lamborghini revealed a yacht. 890 Total views 14 Total shares Crypto and blockchain experts now have something new to save up for — a line of techie-style Rolls Royce cars, each complete with a cryptographic puzzle. As crypto prices pop…