Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, […] Source: https://news.bitcoin.com/tether-invests-3-million-in-kem-app-to-boost-usdt-usage-in-the-middle-east/
Cointelegraph’s Sam Bourgi discussed Canada’s evolving regulatory landscape with Kraken and Coinbase at the Blockchain Futurist Conference, highlighting areas where the country still lags. Source: https://cointelegraph.com/news/exchanges-crypto-advocacy-canada-elections-loom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A federal judge has ordered the copyright infringement case against AI image developers Stability AI, Midjourney, and the online art community DeviantART to move forward, according to court documents released Monday. The lawsuit—brought by attorneys for artists including Sarah Andersen, Kelly McKernan, and Karla Ortiz—alleges the developers used their work without permission to train their respective AI models. According to…
It’s the latest in a flurry of regulatory activity around options on crypto funds. Source: https://cointelegraph.com/news/nyse-arca-withdraws-request-list-options-commodity-trusts-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Immutable has wound down its NFT marketplace to allow marketplaces within its ecosystem to flourish. Source: https://cointelegraph.com/news/immutable-shuts-nft-marketplace-why-web3-gaming-needs-its-own-steam-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The charter allows Fireblocks to offer cold-storage custody to US clients. Source: https://cointelegraph.com/news/exclusive-fireblocks-granted-new-york-charter-crypto-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin. Source: https://cointelegraph.com/news/bitcoin-falls-under-60k-as-investors-global-economic-slowdown-concerns-rise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of CEO Ben Gagnon to the board and the resignation of co-founder and chairman Nicolas Bonta. Bitfarms Restructures […] Source: https://news.bitcoin.com/bitfarms-reveals-leadership-changes-amid-ongoing-conflict-with-riot-platforms/
Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden. Source: https://cointelegraph.com/news/chuck-schumer-us-senate-majority-leader-crypto-kamala-harris?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
As the cryptocurrency market stabilizes following a turbulent period, a new analysis cautions against anticipating a significant breakout in the price of Bitcoin until the last quarter of the year. Singapore-based digital asset firm QCP Capital said that the market may remain in a holding pattern for the foreseeable future, even as some encouraging signs emerge. Bitcoin’s overnight recovery to…
