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Mexican CBDC Unlikely to Be Ready by 2024
8.1.2023
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the development of the currency was still in its initial...
Genesis and DCG seek path for the recovery of assets amid liquidity issues
21.12.2022
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis
Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
19.12.2022
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach; the company had shown signs of struggling
Mysterious initial deposit allegations surface after Binance token delisting announcement
15.12.2022
Users initially panned Mithril's return of deposit allegation until an original Binance listing document came to light that raised further questions
Chainlink Staking Opens With Initial $51 Million Inflow
7.12.2022
The company launched staking on its platform on Tuesday
Huobi, Poloniex announced strategic partnership despite initial denials of a merger
30.11.2022
The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
9.11.2022
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...
AllStars Digital’s Initial Exchange Offering Brings the $ASX Token to Global Audience
4.11.2022
As the native utility token for the AllStars Digital platform, AllStars Coin ($ASX) unlocks a wide range of features and opportunities for holders, including access to exclusive events, staking, and discounted trading fees. AllStars Digital (ASD) has launched an Initial Exchange Offering (IE)...
Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas
4.10.2022
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Market Wrap: Bitcoin Trades Down After Initial Push Higher
2.9.2022
The price settled below $20,000 as investors digested the August jobs report. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit
2.9.2022
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with...
Latam Giant Mercado Libre Launches Mercadocoin in Brazil
20.8.2022
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain...
SEC Files Complaint Against Dragonchain for Unregistered Initial Coin Offering
16.8.2022
The complaint alleges blockchain startup Dragonchain failed to register more than $16 million in crypto asset securities
Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH
16.8.2022
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes...
GAIMIN’s Early Access Event Opens Its Platform and Monetization App to Gamers
13.8.2022
PRESS RELEASE. Zug, Switzerland, 12th August 2022: GAIMIN announces the opening of its gaming and monetization platform to the gaming community. Following recently completed initial testing of its monetisation and gaming platform, GAIMIN.io ltd is opening up its gaming and monetization platform...
Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix
19.7.2022
On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names...
SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions
16.7.2022
According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties...