Tag: news.bitcoin

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Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency

Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the

Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto

Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings The company disclosed that it held 4127

Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana

In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities The funding, led by Endeavour

Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme

Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover Charged in September

Binance Fined Over $4 Million in Canada for Money Laundering Violations

Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist

Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements

Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities The

Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards

Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets This initiative is expected to simplify the

CoinPoker Kicks Off Top Crypto Poker MTT Series Of 2024 – $25M In GTD Prize Pools May 5-26

Blockchain-based online poker platform CoinPoker launched the biggest crypto poker tournament of the year on May 5th – the CSOP Plus (CSOP+) With an incredible total guaranteed prize pool of

Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds

A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states Over 20% of

Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play

Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold According to different factors, including the low percentage of gold as part of the global international

EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds

The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a

BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up

On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 am EDT The latest downturn has led to the liquidation of about $3479 million in bitcoin