The U.S. Securities and Exchange Commission (SEC) has decided not to appeal a court ruling that found it unjust to reject Grayscale Investments’ application to create a spot bitcoin exchange-traded fund (ETF). The court had ruled in August that the SEC’s rejection was erroneous, and the SEC’s decision not to contest the ruling could expedite […]
Jacob Creech, Solana’s Head of Developer, has announced a bug bounty program that rewards white hat hackers and coders who can successfully halt the Solana network with $400,000 in SOL, the platform’s native currency. Creech encouraged interested individuals to participate in penetration tests by visiting Solana’s GitHub repository. Solana is a highly scalable network and […]
BarnBridge, a cryptocurrency project, is facing legal action from the US Securities and Exchange Commission (SEC). In response, the project has turned to its token holders for support. A voting process was initiated, and the proposal to grant the project’s creators the authority to comply with the SEC’s directives was unanimously approved. This includes paying […]
Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict its use to authorized parties. Mastercard’s solution allowed the holder of a pilot CBDC to purchase a non-fungible token (NFT) listed on Ethereum. The RBA’s pilot CBDC […]
The Open Network (TON) Foundation has partnered with Elliptic, a blockchain analysis firm, to enhance the security and data intelligence of the TON network. Elliptic will screen TON wallet addresses to identify any associated with bad actors, protecting TON users and projects from exposure to these accounts. Additionally, Elliptic will promote Toncoin to reputable exchanges, […]
President Miguel Albuquerque of Madeira has announced plans to establish a Bitcoin business hub in the region, with the aim of fostering innovation. The announcement was made during a conversation with Prince Filip of Serbia at the Bitcoin Amsterdam 2023 event. Prince Filip expressed his interest in the hub, highlighting its potential for technological development […]
Miami Beach-based cryptocurrency project $Garbage is gaining popularity in the crypto world with its unique garbage-themed meme coin. The project aims to challenge the current state of global affairs and the financial system by embracing the idea of a “cesspool of dysfunction.” $Garbage is a community-driven movement that aims to expose the flaws in the […]
Paolo Ardoino has been announced as the new CEO of Tether, a leading cryptocurrency company, starting in December. Ardoino played a key role in developing the strategy that led to the significant growth of Tether’s market capitalization. This appointment comes as Tether continues to solidify its position in the cryptocurrency market. With Ardoino’s expertise and […]
Tether, one of the leading stablecoin issuers, has announced a surprising management shake-up. Paolo Ardoino, the current Chief Technology Officer (CTO) of Tether, will be promoted to the role of CEO. This move will see him take over from Jean-Louis van der Velde, who will transition to an advisory role for Tether while retaining his […]
Tether, the company behind the largest stablecoin in the world, has announced a change in its top executives. Paolo Ardoino, the current Chief Technology Officer (CTO), will take over as CEO starting in December 2023. Ardoino will replace Jean Lous van der Velde, the current CEO, who will assume a new position as an advisor […]
