Cointelegraph By Derek Andersen
The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance.
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The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.
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The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions.
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Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018.
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The financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processing.
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The crypto mixer allegedly handled $2 billion in unlawful transactions and facilitated $100 million in money laundering.
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Bitcoin life insurance innovator Meanwhile Group has come out with a private credit fund denominated in Bitcoin (BTC). The closed fund will offer investors a “conservative” yield in Bitcoin and lend funds in BTC to institutional counterparties at the managers' discretion. Meanwhile Advisors are targeting a 5% yield on the...
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, pleaded guilty to one count of operating an unlicensed money services business on Dec. 6. Legkodymov appeared in New York Eastern District Court in Brooklyn before Judge Eric Vitaliano. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million...
Elon Musk’s X-linked artificial intelligence modeler xAI has an agreement for the private sale of $865.3 million in unregistered equity securities, according to a filing with the United States Securities and Exchange Commission made on Dec. 5.XAI filed the SEC’s Form D to allow it to engage in the...
The New Jersey General Assembly may consider a bill that would decide when a digital asset or “virtual currency’ is a security under state law. All virtual currencies issued and sold to institutional investors would be considered securities in the U.S. state of New Jersey under the bill introduced by...
