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1 year agoRas Al Khaimah Launches RAK Digital Assets Oasis to Support Digital and Virtual Assets
Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi has inaugurated the RAK Digital Assets Oasis (RAK DAO), an economic free zone aimed at supporting companies involved in digital assets, blockchain, Web3, and…
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1 year agoZuger Kantonalbank Launches Crypto Trading and Custody Services, Spotlights XRP
Zuger Kantonalbank, Switzerland’s oldest cantonal bank, has made a significant move by introducing trading and custody services for six major cryptocurrencies, with a focus on XRP. This development comes as a r…
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1 year agoElon Musk and Mark Cuban Challenge SEC's Internal Proceedings in Supreme Court Amicus Brief
Billionaire entrepreneurs Elon Musk and Mark Cuban have joined forces to submit a shared amicus brief to the Supreme Court, expressing concerns about the Securities and Exchange Commission’s (SEC) approach to i…
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1 year agoTesla Holds Steady on Bitcoin Holdings Despite Financial Challenges
Tesla has confirmed its commitment to its Bitcoin holdings in its Q3 2023 financial report, despite facing financial challenges. The company maintained its position, holding approximately 9,720 BTC worth over $275…
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1 year agoCoinbase Chooses Ireland as Main European Crypto Hub for Compliance with MiCA
The United States-based cryptocurrency exchange Coinbase has chosen Ireland as its main European hub for compliance with Europe’s cryptocurrency regulatory framework, known as Markets in Crypto-Assets Regulation (…
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1 year agoFTX Accused of Using Customer Funds for Binance Share Buyback, Proposed Recovery Plan Offers Hope
In a shocking revelation, it has been uncovered that the defunct cryptocurrency exchange FTX allegedly used customer funds to repurchase its stake held by Binance. This has raised concerns about the handling of…
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1 year agoOCC to Host Symposium on Tokenization, Highlighting Potential for Responsible Innovation
The Office of the Comptroller of the Currency (OCC), a bureau of the Treasury Department, is organizing a symposium on tokenization in February 2024. This event aims to spark a public discussion on the potential of…
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1 year agoHindustan Petroleum Launches Blockchain System for Automated Verification of Purchase Orders
India’s state-run refiner Hindustan Petroleum (HPCL) has partnered with blockchain software firm Zupple Labs to launch a blockchain system for automated verification of purchase orders (POs). The system, called L…
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1 year agoUsing Crypto YouTube Channels to Predict Market Trends: Insights from Delphi
Popular crypto-related YouTube channels can provide valuable insights into retail investor sentiment and upcoming market trends, according to Delphi, a research firm. By tracking changes in viewership and…
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1 year agoFrance Rumored to Consider Adopting XRP for Digital Euro
Rumors are circulating that France’s Central Bank, Banque de France, is considering adopting XRP for its digital euro. While there has been no official announcement from the bank, it is not new to the blockchain a…
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1 year agoBitcoin Developers Clash Over Improvement Proposals at Bitcoin Amsterdam Conference
Bitcoin core developers have been engaged in a heated debate over improvement proposals (BIPs) to address issues with the protocol. At a recent panel in Bitcoin Amsterdam, developers Paul Sztorc and Peter Todd…
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1 year agoElon Musk and Mark Cuban Challenge SEC's Litigation Procedures in Landmark Case
In a recent development, prominent figures including Elon Musk and Mark Cuban have filed an amicus curiae brief challenging the US Securities and Exchange Commission (SEC). The brief questions the SEC’s use of a…
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1 year agoBinance Introduces New Trading Pairs and Removes BUSD Pairs in Latest Updates
Binance, the world’s largest cryptocurrency exchange, has announced the addition of six new spot trading pairs, including ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD. They will also i…
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1 year agoBinance France Executive Director Stéphanie Cabossioras Steps Down, Adding to Growing List of Departures
Stéphanie Cabossioras has resigned from her position as the executive director of Binance France, making her the latest senior executive to leave the company this year. Binance France President David Prinçay c…
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1 year agoMultiversX's xDay 2023: Exploring the Intersection of Blockchain, AI, and the Metaverse
In the next three days, the NewsBTC team will be covering xDay 2023, an event organized by MultiversX in Romania. Formerly known as Elrond, the project has rebranded and shifted its focus to the Metaverse, which is…
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1 year agoMultiversX's xDay 2023: Exploring the Intersection of Blockchain, AI, and the Metaverse
In the next three days, the Bitcoinist team will be covering xDay 2023, an event organized by MultiversX in Romania. MultiversX, formerly known as Elrond, has rebranded and shifted its focus to the Metaverse, a…
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1 year agoSouth Korean Regulators Investigate Sui Network for Alleged Fraudulent Scheme
South Korean regulators are launching an investigation into Sui Network, a blockchain platform, amid allegations that the developers lied about certain aspects of the token. The Financial Supervisory Service (FSC)…
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1 year agoTether Freezes $873K Linked to Illegal Activities in Ukraine and Israel
Tether, the leading stablecoin company, has announced that it has frozen 32 addresses containing $873,118 that are believed to be connected to illegal activities in Ukraine and Israel. This move is part of…