Algorand, the blockchain protocol, has released an attention-grabbing ad campaign aimed directly at Ethereum and Solana , two considerable rivals in the crypto world. In the context of the ad, customers are trying to pay with different Cryptocurrencies in a SuperMarket environment. Bitcoin was said to be slow with one of the customers being told […]
Montenegro’s Justice Minister, Andrej Milović, recently met with officials from the U.S. Securities and Exchange Commission (SEC) to discuss the investigation into Terraform Labs co-founder Do Kwon. The meeting, attended by SEC Director Gurbir Grewal, aimed at the fraud case involving Kwon. Currently, Kwon is in Montenegro, facing extradition requests from both the U.S. and […]
The CBDC Anti-Surveillance State Act sponsored by Rep. Tom Emmer (R-Minn. ) was approved in the U. S. House of Representatives with 216 votes to 192. Sponsored mainly by Republicans, the bill seeks to prohibit the Federal Reserve from creating a CBDC that is directly accessible to the public due to issues of financial monitoring […]
United States Senator Cynthia Lummis, R-Wyo., hopes to create a coalition of senators who support cryptocurrency supporters of crypto Using language from former US President Donald Trump. Lummis posted on social networking network X on Thursday, “We are building a pro-crypto army in Congress.” In the past, Republican presidential candidate and former US president Donald […]
Crypto trading and lending firm VersiFi has acquired Ather Digital, a startup specializing in trading technology. This all-stock transaction enables VersiFi to integrate advanced market access and algorithmic trading features into its platform, thereby enhancing its service offerings to clients. Today, we're pleased to announce our completed acquisition of Ather Digital. The deal will bolster […]
The Hong Kong Monetary Authority (HKMA) is evaluating the effects of artificial intelligence (AI) on banking jobs. The central bank has urged financial institutions to develop workforce strategies as AI begins to impact the industry. Arthur Yuen, HKMA Deputy Chief Executive, highlighted that some banks have already reskilled 2% of their staff for new roles. […]
Charles Hoskinson, the CEO of Cardano, recently stated that he does not believe in Bitcoin and its scalability in the future, and he believes that it is more of a symbol of culture rather than a functional system. Hoskinson highlighted the fact that the blockchain industry is a progressive field and there must be constant […]
Grayscale Investments, the crypto asset manager, unveiled two innovative trusts today aimed at expanding investor access to the cryptocurrency market. The introduction of Grayscale Near Trust and Grayscale Stacks Trust reflects the growing demand for diversified digital asset investment options. Expanding Crypto Access Through Innovation Grayscale continues to develop products that cater to the evolving […]
The Federal Inland Revenue Service (FIRS) has blamed the Nigeria Correctional Service for failing to produce Binance Executive Tigran Gambaryan in court to face tax evasion charges. Gambaryan, remanded in prison after his last court appearance, was absent on Wednesday, stalling the legal proceedings. FIRS counsel Moses Idehu told Justice Emeka Nwite that it was […]
The Hong Kong arm of crypto exchange Gate.io, Gate.HK is closing its doors and withdrawing its crypto trading license application. Gate.HK urges users to withdraw assets by August 28 as the platform undergoes a major overhaul, halting new registrations and deposits immediately. Token delisting, including major ones like Bitcoin and Ethereum, is set for May […]