Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […] дальше »

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Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip. The company is now finalizing a full tape out of the chip at a leading global semiconductor foundry, marking a substantial upgrade from its earlier five-nanometer prototype. дальше »

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Venezuela Turns To Crypto For Oil Sales To Evade Fresh Round Of U.S. Sanctions

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USDT move by Venezuela’s PDVSA triggers freezing threats from Tether

Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin. Amidst efforts to bypass oil sanctions imposed by the United States, PDVSA reportedly turned to crypto, particularly USDT, to facilitate its crude oil and fuel exports. дальше »

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Crypto.com delays South Korea launch amid regulatory hurdles

Crypto. com planned to launch its trading services in South Korea on April 29. The company had acquired OK-BIT and PnLink for regulatory compliance. Despite the temporary halt, the company remains committed to navigating challenges to eventually enter the country. дальше »

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Ripple asks court to reject SEC’s $2b claims

Ripple Labs rejected the U.S. SEC's request to recover $2 billion from the company for institutional sales of XRP tokens дальше »

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AI-based human gene editing breakthrough opens path to open-source cures to disease, slow aging

Founder and CEO of Biotechnology company Profluent Ali Madani revealed today that his team has successfully edited DNA in human cells using gene editors entirely designed by artificial intelligence. дальше »

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Layer 1 Blockchain OverProtocol Launches Airdrop Event on OKX Cryptopedia

OverProtocol, a Layer 1 blockchain network, announced the launch of an airdrop event in partnership with OKX, a leading Web3 technology company.   OverProtocol is a new Layer 1 blockchain network scheduled for a Q2 mainnet launch. дальше »

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Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees

The company from ex-Coinbase employees aims to help developers build better blockchain wallets. дальше »

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Akash Network’s Token Surges 50% on Upbit Listing

The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus. дальше »

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Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead

Crypto company Ripple has responded to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines by advocating for a different approach. In a court filing dated April 22, Ripple proposed that the Court reject the SEC’s demands and instead impose a civil penalty not exceeding $10 million. дальше »

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Riot’s Price jumps 23% on analysts’ bullish forecast

Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest.… дальше »

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Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether… дальше »

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Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain. дальше »

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Ripple Files Opposition to SEC’s Motion for Remedies

San Francisco-based company Ripple argues that the civil penalty should not exceed $10 million дальше »

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Venezuela Looks to Tether to Bypass Sanctions: Reuters

Venezuela's state-run oil company started experimenting with Tether in 2023. дальше »

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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg. дальше »

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Bitget featured at Token2049 Dubai with panels and key side events

Victoria, Seychelles, April 22nd, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company is making its presence felt in the week of Token2049, Dubai. Bitget COO Vugar Usi Zade led the panel discussion around real-world asset tokenization. дальше »

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ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido

Cryptocurrency casino ZKasino went live over the weekend but the launch was met with dismay from investors, who are calling foul on the company for sending $33 million worth of user deposits to staking platform Lido. дальше »

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Crypto regulation redefined: How MiCA affects your company

The following is a guest post by Mark Gofaizen, Senior Partner at Gofaizen & Sherle. As the MiCA regulation that will reshape the crypto industry approaches, crypto companies need to ensure compliance for a smooth transition. дальше »

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FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, under a proposed settlement, Bankman-Fried would cooperate against celebrity promoters named as defendants in a $1. дальше »

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Binance CEO Vows Cooperation With Nigerian Authorities In $35M Money Laundering Case

In a recent development, Richard Teng, the CEO of Binance, has confirmed the company’s close cooperation with Nigerian authorities following the detention of its head of financial crime compliance, Tigran Gambaryan. дальше »

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Don’t Sleep on DOT: These Major Polkadot Upgrades Are Expected to Cause Major Price Spikes in 2024

In a significant move for the Polkadot ecosystem, Mythical Games, a prominent Web3 gaming company, is teaming up with Polkadot for a major launch in 2024. This collaboration is expected to bring a substantial influx of users and activity to the Polkadot network. дальше »

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Floating Crypto Islands and the Hunt for a Decentralized Utopia

Blue Frontiers, a company focused on building permanent dwellings at sea, recently signed a memorandum of understanding with French Polynesia regarding The Floating Island Project. Before we unpack this bundle of “what are these crypto people up to now”, it’s worth going over the concept of seasteading. дальше »

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Mercuryo announces fiat-to-crypto on-ramp services for Tether on TON

Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT. дальше »

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WorkML.ai: Real World Data Annotation Hub Empowers AI with Crypto

The story of the WorkML. ai project begins with the meeting of Michael Bogachev and Denis Davydov in 2020 while working at a successful Ukrainian startup, which was acquired by the largest logistics company in the UAE. дальше »

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Ripple CTO: 'I Don't Need to Keep Working at Ripple'

One of Ripple's key executives shares when he would leave company for good дальше »

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Ripple’s 3-Year Growth Strategy Unveiled By CEO Garlinghouse

In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. дальше »

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Meta announces Llama 3, launches dedicated AI web portal

Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B […] The post Meta announces Llama 3, launches dedicated AI web portal appeared first on CryptoSlate. дальше »

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Chia Network Makes Progress Toward an IPO, CEO Says

The cryptocurrency company founded by BitTorrent's inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse. дальше »

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Tether Splits Into Four Divisions, Eyes Expansion Beyond Stablecoins

Tether, the company behind the USDT stablecoin, has announced a significant reorganization and expansion strategy aimed at transcending its flagship product. This move introduces four distinct business divisions—Data, Finance, Power, and Edu—with a focus on broadening its influence and applications in various sectors of technology and finance. дальше »

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Aptos partners with Microsoft, Brevan Howard to build institutional platform ‘Aptos Ascend’

Aptos Labs has struck a partnership with multiple mainstream companies as it looks to position the Aptos blockchain for greater DeFi adoption. Aptos partners Microsoft, top firms The collaboration involves tech giant Microsoft, digital assets arm of global macro investment firm Brevan Howard, Korea’s leading AI company SK Telecom and management consulting firm Boston Consulting […] дальше »

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Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody's

There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said. дальше »

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Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins

The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation). дальше »

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Fintopio DeFi Wallet Debuts in Open Beta on Telegram and Web App

Fintopio launches the beta version of its DeFi Wallet for sending crypto via Telegram. Easy, secure transfers in a familiar chat interface. Web3 company Fintopio recently introduced the beta version of its Fintopio DeFi Wallet. дальше »

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OSEAN DAO celebrates registration milestone and announces upcoming 5M $OSEAN Airdrop

OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and has announced a 5 million $OSEAN commemorative airdrop scheduled fThe post OSEAN DAO celebrates registration milestone and announces upcoming 5M $OSEAN Airdrop appeared first on AMBCrypto. дальше »

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Worldcoin Announces Upcoming Release Of Layer-2 Ethereum Blockchain

In a recent announcement, Tools for Humanity, the company behind Worldcoin, revealed the upcoming launch of World Chain. The open-source Ethereum layer-2 blockchain will debut in mid-2024 and aims to transform human authentication through its integration with the Worldcoin protocol. дальше »

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Bitget has successfully onboarded over 2.5 Million users in the MENA region in the past 6 months

Bitget, a prominent cryptocurrency exchange and Web3 company has recently published a report highlighting the significant progress observed in the Middle East and North African areas since its inception in November 2023. дальше »

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This Web3 investing giant owns $558 million in crypto

Animoca Brands, a top Web3 investor and the company behind subsidiaries such as The Sandbox, Eden Games and SPORTPASS, holds a staggering $558 million in cryptocurrency. The company revealed this in an unaudited financial statement published on Wednesday, April 17, 2024. дальше »

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First restaking protocol StakeLayer, raises over $1 million in STAKE pre-sale

London, UK, April 17th, 2024, Chainwire StakeLayer, a leader in pioneering Bitcoin L2 restaking, has successfully raised over $1 million in its pre-sale, marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space. дальше »

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Crypto.com’s venture arm scales back activity amid dubious market valuations

Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments… дальше »

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Bitget has onboarded over 2.5M users in MENA region in the past six months

Victoria, Seychelles, April 17th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a report on the growth recorded in the Middle East and North African regions since its launch in November 2023. дальше »

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XERA: Affiliate marketing and technology power

XERA Group International emerges as a pioneering force in the realm of digital innovation. With a strong community of over 2.2 million members, XERA is not merely a company; it is the cornerstone of aThe post XERA: Affiliate marketing and technology power appeared first on AMBCrypto. дальше »

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USDP briefly spikes to $1.28, costing an Aave trader $529k

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant.  Like regular stablecoins, USDP is designed to… дальше »

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OSEAN DAO Celebrates Company Registration Milestone and Announces an Upcoming 5 Million $OSEAN Airdrop

Majuro, Marsall Island, April 17th, 2024, Chainwire OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and has announced a 5 million $OSEAN commemorative airdrop scheduled for May. дальше »

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PSG Fan Token Jumps 25% as Football Club Triumphs Over Barcelona

Paris Saint-Germain's fan token is one of several issued for sports clubs by the crypto company Socios. дальше »

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PayPal ends protection for NFT transactions due to industry volatility

PayPal announced that it will no longer offer buyer and seller protection for transactions involving NFTs from May 20, marking a notable shift in the company’s approach to the digital asset market. дальше »

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Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds

The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview. дальше »

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Uminers (HK) Initiates Construction of New Data Center in Ethiopia

Uminers, a company in cryptocurrency mining equipment and facility operations, today announced the start of construction on a new data center located in Ethiopia. The first phase of data center construction, slated for completion in autumn 2024, will operationalize a 100-megawatt capacity. дальше »

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Tether joins forces with Fuze for educational venture in Turkey and MENA

Stablecoin issuer Tether is teaming up with Fuze to educate individuals and financial institutions in Turkey and the Middle East about crypto. Tether, the company behind the largest stablecoin by market value, has signed a Memorandum of Understanding (MOU) with… дальше »

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