Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Source: https://cointelegraph.com/news/paxos-stablecoin-payment-platform-stripe-client?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Police Seize $100,000 Worth of Tether From Government-Backed Solar Program Impersonators
Multiple individuals were arrested by Indian police for impersonating a government-backed solar power program that asked for investment in exchange for returns. With assistance from crypto exchange Binance, the Delhi Police seized $100,000 worth of Tether, the exchange confirmed in a blog post. The fraudsters claimed to have secured rights from the Indian government’s Ministry of Power to expand the…
Securitize Launches USDC Conversions for BlackRock’s Digital Liquidity Fund
Securitize, a real-world asset tokenization firm, announced on Tuesday the launch of conversions between Circle’s stablecoin and U.S. dollars for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). The integration aims to reduce investment costs and ease the subscription process for traditional finance players investing in BUIDL, Securitize said in a statement. The firm issues BUIDL tokens on the Ethereum blockchain…
Hong Kong Police Arrest 27 Linked to AI Deepfake Crypto Romance Scams
Hong Kong police have dismantled a deepfake romance scam that defrauded individuals of approximately $46 million through fraudulent cryptocurrency investments. Law enforcement targeted a multinational cryptocurrency romance scam affecting victims in Hong Kong, Singapore, mainland China, and other regions according to a report by local news outlet DotDotNews. The scheme was operated by a fraud syndicate that used deepfakes to…
Kamala Harris Likely to Be ‘More Supportive’ of Crypto Than Joe Biden: Galaxy Research
A new policy scorecard compares the positions of U.S. presidential candidates Donald Trump, Kamala Harris, and current President Joe Biden on cryptocurrency and blockchain regulation, with Trump emerging as the most favorable candidate for the crypto industry. Alex Thorn, Head of Galaxy Research, wrote on Twitter, “Trump is undoubtedly more favorable for the industry,” while also expressing optimism about Harris’…
Ripple announces exchange partners for RLUSD stablecoin
More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide. Source: https://cointelegraph.com/news/ripple-announces-exchange-partners-for-rlusd-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet Bitcoin Treasury Reaches $56 Million With Latest BTC Buy
Tokyo-listed Metaplanet Inc. said Tuesday it’s added another $6.8 million Bitcoin to its treasury, bringing its total Bitcoin holdings to $56 million (855.478 BTC). The latest announcement shows it’s continuing its aggressive buying spree that began in April 2024. The company has so far invested roughly $53 million (¥7.965 billion Japanese yen) in the cryptocurrency, with an average purchase price…
Gaming serves as a sandbox to explore tech avenues — Mysten Labs exec
Mysten Labs chief information security officer Christian Thompson told Cointelegraph that gaming is a playground for technologists to explore Web3. Source: https://cointelegraph.com/news/mysten-labs-suiplay0x1-web3-gaming?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
American Conference Institute Is Excited to Announce the 3rd Forum on Digital Assets: Compliance, Enforcement and Regulatory Oversight.
PRESS RELEASE. New York, NY – October 15th, 2024 – With digital assets rapidly transforming the financial landscape, the importance of understanding the regulatory and compliance challenges cannot be overstated. ACI’s 3rd Forum on Digital Assets: Compliance, Enforcement & Regulatory Oversight will deliver unparalleled insights into the regulatory frameworks that are shaping the future of […] Source: https://news.bitcoin.com/american-conference-institute-is-excited-to-announce-the-3rd-forum-on-digital-assets-compliance-enforcement-and-regulatory-oversight/
South Korea to Form Committee to Review Spot Crypto ETF Plans
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and […] Source: https://news.bitcoin.com/south-korea-to-form-committee-to-review-spot-crypto-etf-plans/