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Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action
2.12.2023
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said to be one of the states with the most potential....
Blockchain Experts Meet With Colombian President to Discuss Technology’s Use Cases
1.12.2023
Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state. Colombian President Gustavo Petro Discusses...
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI
29.11.2023
Source: AdobeStock / Krakenimages.com The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams – with Tether’s help. According to the press release, the authorities traced the funds to cryptocurrency...
Immediate GPT Review – Scam or Legitimate Trading Software
27.11.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate GPT is a recently launched crypto trading system that promises to help people streamline their trading experience via a portfolio management platform. This platform, the website...
How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow
24.11.2023
While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...
CoinGecko Expands Services with Acquisition of NFT Data Provider Zash
22.11.2023
Source: iStock Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for...
Circle Launches Bridging Standard for Stablecoin Deployment on New Networks
22.11.2023
Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...
Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart
18.11.2023
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
IMF head: CBDCs can replace cash, help financial inclusion
15.11.2023
International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies
Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’
15.11.2023
Source: Oksana/Adobe Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions. In a DumaTV post on the RuTube video-sharing platform, lawmakers explained that the Ministry of Industry and Trade had “developed a tool for conducting industrial mining...
Bankrupt Crypto Lender Genesis Seeks Court Help to Reduce Settlement Payout to 3AC
10.11.2023
Source: Pexels Digital Currency Group’s (DCG) subsidiary Genesis Global is seeking approval from the US court to revise its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC). According to a document filed on November 9 with the US bankruptcy court of the Southern District...
Can crypto Privacy Pools help balance privacy and regulation?
9.11.2023
When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer?
Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto
9.11.2023
The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency...
Ritual Secures $25 Million in Seed Funding to Decentralize AI
8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...
Access to DeFi Opportunities Is Under Threat From Within. Automation Can Help
8.11.2023
Today in Crypto: opBNB Becomes 2nd Most Popular L2 per DAU, Ripple Reveals Upgraded Ripple Payments, Bitwala Relaunches With Striga’s Help
8.11.2023
Source: AdobeStock / JeanLuc Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Blockchain news BNB Chain’s Layer 2, opBNB, has experienced on-chain growth and became the second most popular L2...
China Mulls Digital Yuan Settlements for Commodities
7.11.2023
The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help companies avoid the difficulties of using a single...
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
7.11.2023
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base