Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.
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NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes
Activity keeps heating up around Bitcoin and Ether ETF options.
Canada: Lawyers to Meet at Nova Scotia Supreme Court Over QuadrigaCX Representation
Embattled Canadian cryptocurrency exchange QuadrigaCX has become the subject of a bidding war as lawyers meet to win creditor representation, Bloomberg reported on Feb. 12.The hearing at the Nova Scotia Supreme Court on Feb. 14 will decide which law firms can lobby for compensation on behalf of clients of the exchange, which currently owes them…
Proof of Stake Alliance updates recommendations for staking providers
The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide. 149 Total views 2 Total shares The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles”
El Salvador celebrates Black Friday, buys 100 BTC for 20% off
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. 1167 Total views 25 Total shares Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.In a Friday…
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date…
Fintech Giant Revolut Launches in the US, Initially Without Crypto Support
United Kingdom-born digital banking app Revolut is launching today, March 24, in the United States — but investors will have to wait for its crypto trading functionality to be up and running.Revolut’s rollout in the U.S. follows a major partnership with Visa back in October, which paved the way for the fintech’s global expansion to…
Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs. 234 Total views 2 Total shares Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence.The Vancour-based mining company said…
Dark Market Drug Dealers Plead Guilty, Forfeit Crypto Proceeds
A couple operating out of Merced, California have pleaded guilty to selling drugs on the dark web in exchange for cryptocurrencies, including Bitcoin (BTC) and Bitcoin Cash (BCH).The United States Department of Justice announced the charges in a press release on Aug. 6. According to the announcement, Jabari Monson has pleaded guilty to conspiring to…