Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
The company behind the biggest stablecoin in the world, Tether, announced that it is restructuring to accommodate its foray into new digital asset categories. To reflect its expanding focus, the company split itself into four divisions: Data will manage strategic investments in technology, including artificial intelligence (AI); Finance will oversee the USDT stablecoin, which has … Read more
The cryptocurrency wealth management company Abra said that it has acquired approval from the US government and opened the “Abra Prime” and “Abra Private” platforms for private clients. To act as an investment advisor, Securities and Exchange Commission. Abra stated in an announcement that Abra Prime’s clientele consists of hedge funds, venture capital firms, crypto … Read more
There are now two measures in the Arkansas State House that might limit bitcoin mining in the state. These bills establish the framework for future debates that may result in legislation, even though they have not yet developed into complete laws. Legislators attempted to address a number of broad issues, including foreign ownership, noise reduction, … Read more
According to data provider CryptoQuant, investors of USDe should keep an eye on the project’s reserve fund to minimize risks associated with the possibility of a negative funding rate. Investors that stake USDe or other stablecoins on the platform can now get an annual yield of 17.2%, which is a rolling average over the last … Read more
With a goal of rolling it out by 2030, the Reserve Bank of New Zealand began a new phase of its investigation into a central bank digital currency (CBDC) on April 17. In this stage, the design of the CBDC, which emulates the value of the real New Zealand dollar (NZD), is refined based on … Read more
After being airdropped to test net users and certain NFT holders, the price of Omni Network’s token has already dropped by half in just eighteen hours. Almost eighteen hours after its airdrop, the Omni Network’s ERC-20 token, OMNI, had a 55% decline that removed more than half of its market valuation. In the meantime, the … Read more
SunContract is an international energy marketplace that links producers of renewable energy and consumers of power. SunContract is leading the way in introducing this novel idea with its NFT marketplace, which is connected to actual solar panels. It facilitates easy access to solar panels by utilizing blockchain technology and smart contracts, which helps to move … Read more
The Citadel Securities-backed prime brokerage Hidden Road Partners intends to seek $120 million in its Series B investment round with the goal of reaching a $1 billion market valuation. As per a Bloomberg story, the premier brokerage firm funded by Citadel Securities is aiming to broaden its range of services in the cryptocurrency and foreign … Read more
Bitcoin exchange Binance is thinking about coming back into the Indian market after being prohibited there in late 2023. The possible re-entry would come with a $2 million fine. Reopening of the platform would require registration with the Financial Intelligence Unit (FIU) of the finance ministry. The FIU is in charge of overseeing the trading … Read more
Virgil Griffith, a former Ethereum developer, has asked for a sentence reduction. Griffith was given a 63-month prison sentence in 2022 for helping North Korea use blockchain technology. Glen Garrett McGorty, Virgil Griffith’s attorney, made the plea in a letter dated April 17 to Judge Kevin Castel of the United States District Court for the … Read more