The US and EU have imposed sanctions on Russia after it invaded Ukraine last year, banning the acquisition, import, or transfer of coal and other solid fossil fuels. Digital Currency Group (DCG) is now moving towards resolving the financial challenges of its crypto lending subsidiary, Genesis. An in-principle agreement has been reached which could lead […]
The Akropolis Protocol is a decentralized finance (DeFi) protocol that focuses on under-collateralized loans and other financial services. The Akropolis Delphi Token (ADEL) was launched on the Ethereum mainnet in August 2020, and since then the Akropolis team has made several updates, including the POC-Polkadai bridge, a Parity Substrate Blockchain bridge for self-transfers of DAI […]
Genesis Global and its affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing on Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. Under the deal, Digital Currency Group (DCG) […]
Pantera Capital, a digital assets-focused investment firm, has predicted that Bitcoin (BTC) will experience a parabolic bull run after the halving event in 2021. According to the firm’s latest blockchain letter, Bitcoin could increase by more than 466% from its current value and reach six figures for the first time in its history by mid-2025.The […]
In the ever-evolving landscape of cryptocurrency, Borroe Finance ($ROE) is emerging as a fresh and innovative contender that showcases strong potential for growth and stability. The success of its presale campaign, marked by the NFT community’s growing interest, mirrors its potential to become a top-tier crypto investment. This achievement reaffirms Borroe’s status as a prime […]
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC for allegedly offering unregistered securities in the form of NFTs.The SEC said that Impact Theory had raised over $30 million from investors in the United States, and had emphasized that it was “trying to build the next […]
Supra, a leading blockchain organization providing oracle and VRF (Verifiable Random Function) services, has announced the creation of HyperNova – its new bridgeless technology that facilitates cross-chain communication directly via layer one consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable and scalable.HyperNova works by using […]
Tether’s Chief Technology Officer, Paolo Ardoino, has unveiled groundbreaking Bitcoin mining software, a pioneering step poised to reshape the mining landscape. Dedicated to technological advancements, Tether has committed to releasing specific components of this software as open source, a move that underscores their commitment to transparency, innovation, and a proactive approach to sharing cutting-edge developments […]
The Biden administration has taken a significant stance on the crypto industry, with enforcement actions from the SEC and CFTC, as well as proposed regulations from the SEC and Treasury Department. These regulations could have major implications on the sector, from the SEC’s proposals on custody and exchanges to the Treasury’s new proposal on how […]
Binance, a global cryptocurrency exchange, has made a strategic comeback in Belgium after facing a halt in its services due to regulatory tensions. The company is now channeling its services for Belgian clientele through Binance Poland sp. z o.o., which is registered as a virtual assets service provider (VASP) in Poland. Belgian users will need […]
