Zimbabwe central bank ironing out wrinkles in new currency
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews.
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New England Firm Settles With SEC Over Allegedly Unregistered $6.3M ICO
A New England-based firm has settled with the United States Securities and Exchange Commission (SEC) over an allegedly unregistered $6.3 million initial coin offering (ICO).According to an SEC announcement published on Aug. 12, SimplyVital Health, Inc. announced plans to conduct an ICO in order to secure funds for a healthcare-related blockchain ecosystem dubbed Health Nexus…
Gaming platform Ultra integrates Theta Network for live streaming
Gamers will see previews of games being played live before purchase and can earn rewards to spend in the Ultra ecosystem for sharing streams. Blockchain-powered gaming platform Ultra announced Sep. 3 that it will integrate Theta Network’s live streaming technology as part of its user experience.The service will allow users to see games in action…
Mexico’s digital peso delayed, unclear launch date
Mexico's central bank is currently working on legal, administrative, and technological requirements for the peso's digital version. 306 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTMexico's central bank digital currency (CBDC) development is still in an initial phase, and it is unlikely to be ready for launch by…
Trader nets $2.7M profit in 3 days with Trump-themed MAGA memecoin
The MAGA memecoin has seen drastic price rallies following pro-crypto comments from Republican presidential candidate Donald Trump.
Bitcoin underperforms stocks, gold for the first time since 2018
Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular.Worst year for Bitcoin since 2018Bitcoin’s price looks prepared to close 2022 down nearly 70% — its worst year since the crypto crash of 2018. Bitcoin monthly returns. Source: CoinglassBTC’s depressive performance can be explained by factors…
Binance tax evasion verdict set for October
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. 196 Total views 12 Total shares Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation trend underway in the industry. Bloomberg…
BlackRock’s entry reflects a change in institutional outlook on crypto
On Jan. 20, BlackRock, the world’s largest asset manager with over $8.7 trillion assets under management, appeared to have given the green light to two of its associated funds, BlackRock Global Allocation Fund Inc. and BlackRock Funds, to invest in Bitcoin futures. In this regard, the prospectus documents filed with the United States Securities and Exchange…