Day: 25 May 2023

Black Ink Technologies Corp has joined forces with Incode to introduce a groundbreaking solution that revolutionizes global identity validation. The collaboration combines Black Ink Tech's technology, which connects physical objects, services, and events to an unalterable ledger technology, and Incode's expertise in digital biometric verification. The result is an innovative ...

Circle has announced that it is launching Euro Coin on the Avalanche blockchain.  This move is part of Circle's planned series of launches of the euros-baked stablecoin on various blockchain networks. The introduction of Euro Coin on the Avalanche platform aims to optimize payment and financial service operations, enhancing speed ...

On May 24, 2023, CCTV, a state-affiliated media outlet in China, aired a video on cryptocurrencies. However, the video program was swiftly removed from CCTV's platform the following day, leaving many curious about the reasons behind its removal.  The video primarily focused on the latest cryptocurrency regulations in Hong Kong ...

Bitget has announced its partnership with digital asset custody provider Copper to introduce an innovative off-exchange settlement solution for institutional clients.  This collaboration will enable institutional users to engage in near real-time trading and settlement activities across multiple exchanges while securely storing their assets on Copper's infrastructure. The integration of ...

The European Systemic Risk Board (ESRB) issued a set of recommendations on May 25, 2023, aimed at preventing potential shocks in the crypto sector from endangering financial stability in the European Union (EU).  ESRB's recommendations include implementing rules for investment funds, exchanges, and other businesses dealing with cryptoassets, as well ...

Fahrenheit, a consortium comprised of venture capital firm Arrington Capital and crypto miner U.S. Bitcoin Corp, emerged as the winning bidder for the insolvent cryptocurrency lender Celsius Network after a lengthy auction process. The deal includes several Celsius Network assets estimated to be worth around $2 billion. According to the ...

Six individuals have filed new charges in a lawsuit challenging the U.S. Treasury Department's decision to penalize Tornado Cash, a cryptocurrency mixer.  The six plaintiffs involved, Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale, and Nate Welch, put forth new arguments on May 24, 2023, highlighting ...

Ron DeSantis, the governor of Florida, has officially announced his candidacy for United States Presidency in 2024, and his declaration comes with an exceptional promise to "protect" Bitcoin if elected. DeSantis announced his intentions during a Twitter broadcast on May 24, 2023. Entrepreneur and Investor David Sacks moderated the announcement ...