Tether has recently announced its partnership with Oobit together with TON, with an aim of making crypto payments more accessible to users. Tether is dedicated to enhancing the financial market based on decentralized technology that allows users to venture more into the world of digital currency. Tether Collaborates with @ton_blockchain and @oobit To Create Seamless […]
A 30-year-old Helena citizen, Jarek William Hahn, has been sentenced to 15 months in prison and three years of supervised release for his role in the black market trade of fentanyl through the dark web. Hahn pleaded guilty to the crime of possession with intent to distribute fentanyl in December 2023. According to the Justice […]
The University of Morgan State has received a $1 million grant from Ripple to contribute to a comprehensive FinTech research agenda and education. The three-year $1,050,000 grant completion goal is to restructure and modernize the university’s National FinTech Center, providing additional innovative capacity and effectively equipping students for a fast-changing FinTech environment. The collaboration between […]
The U.S. Senate has voted to overturn the Staff Accounting Bulletin 121 (SAB 121) in a bipartisan step that will account for the banks’ activities involving cryptocurrencies. This resolution was favoured by a majority of 60 votes, from both parties in the Congress which represented huge dissatisfaction on both sides of the aisle. source:senate.gov The […]
Sam Trabucco, ex-co-CEO of Alameda Research, recently spoke up for fairness towards Ryan Salame, former co-CEO of FTX Digital Markets. Trabucco submitted a letter recommending leniency for Salame’s sentencing. In the letter, he highlighted their close friendship and expressed concern about the impact that imprisonment could have on Salame’s family. To avoid criminal charges, Salame […]
Bybit is facing issues in France as the French financial authority, the Autorité des Marchés Financiers (AMF), informed regular investors that Bybit isn’t permitted to operate in the country, despite reaching a milestone of 20 million users worldwide over five years. This follows Bybit being blacklisted two years ago, highlighting ongoing difficulties with French regulatory […]
Param Labs a UAE-based gaming infrastructure developer has raised $7 million in a recent round of funding. The round was led by Animoca Brands and saw contributions from several investment firms such as Delphi Ventures, Cypher Capital, P2 Ventures (previously Polygon Ventures), Mechanism Capital, Merit Circle, TRGC Capital, Double Peak Group, and MH Ventures. Happy […]
In response to recent regulatory actions by the U.S. Securities and Exchange Commission (SEC) targeting the cryptocurrency sector, a new decentralized memecoin, NotWifGary (NWG), has been created. This token represents a stance against the SEC’s approach to regulation, particularly its impact on Ethereum and its developers. The NWG project, which was announced on May 15, […]
The Drift Foundation, the administrative body of a decentralized exchange on the Solana blockchain, has announced the launch of its DRIFT token accompanied by an airdrop. This event includes the distribution of 120 million tokens, which constitutes 12% of the total DRIFT supply of 1 billion tokens. This initial airdrop is notable for incorporating a […]
India’s market watchdog, the Securities and Exchange Board of India (SEBI), has indicated that trade in crypto-assets needs multiple regulators at the helm. This is in contrast to the Reserve Bank of India (RBI), which thinks that private digital currencies still pose a risk. Both SEBI’s and RBI’s positions were presented to a government panel […]