Tag: crypto

spot_img

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...

South Korea’s Jeju City Cracks Down on 2,962 Individuals in Tax Arrears Using Crypto Seizures

Local authorities in Jeju City, South Korea, have launched a sizeable operation to combat delinquent tax payment by identifying cryptocurrency custodians of individuals who...

Story Co-founder Jason Zhao Steps Down To Launch New AI Project Poseidon

Jason Zhao, co-founder of Story, said he is leaving his full-time role to become a strategic adviser and to work on a new AI...

UK Crypto Exchange Lykke Shut After £17M Crypto Theft Linked To North Korea Hackers

North Korea-linked hackers are accused of stealing £17m in cryptocurrency from Lykke, a trading platform registered in the UK. The theft occurred last year...

Digital Currency Group Sues Genesis Units Over $1.1B Note Tied To 3AC Fallout

Digital Currency Group, the parent of several crypto firms, filed a complaint on Thursday in the US Bankruptcy Court for the Southern District of...

BitMine Boosts Ethereum ($ETH) Reserves With $600M Purchase Amid Market Unease, Total Holdings Value Reaches $5.77B

Ethereum treasury company BitMine (BMNR) made a large move into ETH markets on Saturday, adding 135,135 ETH worth $600M in just 10 hours. https://twitter.com/EmberCN/status/1956517072357515598 The purchases...

SEC Chairman Paul Atkins Says Agency is Mobilising to Make U.S. The Global Crypto Hub

SEC Chair Paul Atkins said, on Friday, August 15th, that the regulator is preparing to carry out President Donald Trump’s plan to turn the...

Gemini Files S-1 To Go Public As GEMI; Posts $282.5M H1 Loss, Reveals $75M Ripple Credit

Gemini, the crypto exchange founded by twins Cameron and Tyler Winklevoss, published an S-1 filing, on Friday, August 15th, that lays out plans to...

UAE Expands Crypto Payments For Airlines Like Emirates, Air Arabia & Others As Regulators Tighten Ties

The United Arab Emirates is implementing policies that allow the purchase of airline tickets with cryptocurrencies. A number of airlines in the UAE began...

Stablecoin Protocol USD.AI Raises $13M To Back AI Firms With GPU Collateral

USD.AI, built by Permian Labs, raised $13 million in a Series A round led by Framework Ventures, the company said in an announcement made...

BNB’s Market Cap Tops $120B Before Slipping, Price Reaches ATH to $868 As Trading Volume Spikes 9%

BNB briefly hit a $120 billion market cap this week but eased to $117.23 billion at the time of writing as traders took profits....

Norway’s Wealth Fund Shows Big Rise in Indirect Bitcoin Holdings of 7,161 BTC, Worth $862.8M

Following its latest biannual disclosures on Tuesday, Norway’s sovereign wealth fund now holds an indirect Bitcoin exposure of 7,161 BTC, worth about $862.8 million,...