Tether plans to invest $10.8 million in Italian media firm Be Water: report

2025-3-27 12:22

An inside source claimed Tether is set to purchase a 30% stake in the Italian media company, Be Water. With a market value of more than $144 billion, the stablecoin firm has been expanding its portfolio beyond crypto. According to… origin »

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Crypto Trading Platform Abra In Hot Water: Texas Regulator Accuses It Of Fraud

Abra and its CEO, Bill Barhydt, faced a significant blow as the Texas State Securities Board initiated enforcement actions against the crypto lending firm.  The board firmly asserts that both Abra and its CEO are guilty of securities fraud and deceptive practices linked to the solicitation and distribution of investment opportunities related to Abra Earn […]

2023-6-17 15:50


Three US States Going After BlockFi In Regulatory Crackdown

New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that consumers are now becoming accustomed to in DeFi – but that have blown traditional banking rates out of the water.

2021-7-25 08:47


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StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the private keys appropriately, according toRead More

2021-6-23 16:15


Ripple executive commends U.K FCA’s digital asset guidelines; calls for update of ‘outdated laws and rules’

“The current [regulatory] frameworks have muddied the water,” claims the one of the world’s leading blockchain player, Ripple. While the Brad Garlinghouse-led firm believes that policymakers have made commendable efforts in the digital assets and blockchain space, there is a lack of understanding in terms of the fact that there is a need for ‘a […] The post Ripple executive commends U.

2019-9-27 16:00


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Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million

Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use.

2018-12-15 00:00