Linklogis Co-founder Ji Kun Honored as Outstanding Young Entrepreneur in the Thriving Greater Bay Area

Linklogis, a supply chain finance technology company based in the Greater Bay Area in China, has been recognized for its achievements in the industry. Established in Shenzhen in 2016, the company has expanded its operations internationally and has recently entered the Vietnamese market through a joint venture with Standard Chartered. In 2019, Linklogis launched the […]

Latin America Shows Strong Preference for Centralized Exchanges, According to Chainalysis Report

Latin America has shown a strong preference for centralized exchanges when it comes to cryptocurrency trading, according to a report by blockchain analytics firm Chainalysis. The region ranks seventh in terms of its crypto economy, with countries like Venezuela and Colombia leading the way in centralized exchange usage. Venezuela, in particular, has a 92.5% preference […]

TON Foundation Partners with Elliptic to Enhance Security and Expand Ecosystem

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, ensuring the protection of TON users and projects. Additionally, Elliptic will assist in promoting Toncoin and getting it […]

Assessing Counterparty Risk and Compliance in Crypto Staking: A Guide to Due Diligence

In the world of cryptocurrency staking, assessing counterparty risk and compliance is crucial. To ensure a successful staking venture, it is important to conduct thorough due diligence. When evaluating potential counterparties, there are several key questions to consider. Firstly, it is essential to assess the counterparty’s reputation and track record. This can be done by […]

California Governor Approves Stricter Regulations for Cryptocurrency Businesses

California Governor Gavin Newsom has approved a cryptocurrency bill that will impose stricter regulations on businesses involved in crypto operations. The bill, known as the ‘Digital Financial Assets Law,’ will require individuals and firms to obtain a license from the Department of Financial Protection and Innovation in order to engage in digital financial asset business […]

US Government’s Budget Deficit Soars to $1.7 Trillion, IMF Urges Fiscal Reforms

The US government’s spending exceeded its revenues by over a trillion dollars in the last fiscal year, according to the Congressional Budget Office (CBO) report. The budget deficit for the 2023 fiscal year reached $1.7 trillion, $300 billion more than the previous year. The government spent $6.131 trillion while generating $4.441 trillion in taxes and […]

Binance.US Introduces Transparency in Listing Process, Considers Adding Support for Sui Network Token

Binance.US, the US arm of cryptocurrency exchange Binance, is introducing a new procedure to provide traders with advance notice when considering adding support for a new token. This move aims to enhance transparency in the listing process. The first token being evaluated under this new process is SUI, the native token of the Sui Network, […]

Taylor Swift Fans Can Now Buy Movie Tickets with Cryptocurrency

BitPay, a crypto payment gateway, has partnered with AMC to allow crypto owners to purchase tickets to the Taylor Swift Eras Tour Movie using cryptocurrencies such as Bitcoin, Dogecoin, and Shiba Inu. This move highlights the increasing use of cryptocurrencies across various sectors of the economy. AMC became the first theater chain in the US […]