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CFTC penalizes Tether and Bitfinex for making misleading allegations

The Commodity Futures Trading Commission (CFTC) has fined stablecoin issuer Tether and its sister company, Bitfinex, $42.5 million (£30.92 million) for violating commodities regulations. A press release unveiled this news on October 15, noting the CFTC held Tether responsible for making false or misleading claims and omissions of material fact regarding the backing of Tether […] The post CFTC penalizes Tether and Bitfinex for making misleading allegations appeared first on Invezz. дальше »

2021-10-18 17:29


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Tether And Bitfinex Fined $42.5M By CFTC For False Statements About Dollar Reserves

The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […] дальше »

2021-10-16 00:52


How Stellar’s $40M Investment In Tala Will Give Millions Access To Financial Services

The Stellar Development Foundation (SDF) has made a fresh bet on the financial services sector. According to a press release, the institution participated in a $145 million series E for Tala. A global technology company working on providing millions of people with access to lend, borrow, and other financial services Tala reached an over $350 million funding with support from the SDF and its Enterprise Fund, Upstart, and others. дальше »

2021-10-15 01:00


AGM Group Holdings Inc. Announces First Significant Order of 30,000 Digital Currency Mining Machines

BEIJING, China, October 13, 2021 – AGM Group Holdings Inc. (“AGMH” or the “Company”) (Nasdaq: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced that it has received a purchase order (the “Order”) from Nowlit Solutions Corp, a leading digital currency equipment supply chain services and consultancy company in North America with strong relationship and resource within the Fintech and Blockchain ecosystems having supplied leading global players including Lake Parime USA Inc. дальше »

2021-10-13 16:56


Blockchain.com Exchange launches BTC/USD margin trading with 5x leverage

Blockchain. com, a crypto/bitcoin wallet and exchange company, announced today the official launch of margin trading on the Blockchain. com Exchange. Margin trading is currently supported for Gold-verified users and is not currently available for users in the US, UK, Canada, Japan, Germany, Austria, Italy, France, The Netherlands, and other select countries. дальше »

2021-10-13 21:16


How Binance Smart Chain Seeks 1 Billion Users With $1 Billion Investment

Crypto exchange giant Binance has demonstrated once more why it’s amongst the giants of the industry, the company has announced the launch of a $1 billion “Growth Fund”. Targeted at their Binance Smart Chain (BSC), the fund will aid this ecosystem to “push the adoption” of the blockchain industry. Launch in 2020, Binance Smart Chain […] дальше »

2021-10-13 21:14


Ripple And NelNet Join Forces to Fast-Track Crypto’s March to Renewable Energy

Blockchain-based payment company Ripple Labs is furthering its carbon-neutral goal once more. This time with one of the solar energy funds of Nelnet Renewable Energy. Ripple Pens New $44 Million Eco-Friendly Deal The carbon emission of the crypto industry has been a major concern for many with critics pointing out the environmental impact of mining […] The post Ripple And NelNet Join Forces to Fast-Track Crypto’s March to Renewable Energy first appeared on BitcoinExchangeGuide. дальше »

2021-10-13 20:25


Ethereum software firm ConsenSys acquires NFT platform Treum, welcomes team onboard

ConsenSys, a leading Ethereum software company, today announced the acquisition of the Treum team and its NFT platform from Mesh, a Web3 incubator, for an undisclosed amount. With this acquisition, ConsenSys is welcoming a team of creators, product managers, and software developers who have pioneered use-cases of Non-Fungible Tokens (NFTs) since their formation in 2017. дальше »

2021-10-16 19:18


Ethereum software firm ConsenSys acquires NFT platform Treium, welcomes team onboard

ConsenSys, a leading Ethereum software company, today announced the acquisition of the Treum team and its NFT platform from Mesh, a Web3 incubator, for an undisclosed amount. With this acquisition, ConsenSys is welcoming a team of creators, product managers, and software developers who have pioneered use-cases of Non-Fungible Tokens (NFTs) since their formation in 2017. дальше »

2021-10-13 19:18