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Ooops… Error 404 Sorry, but the page you are looking for doesn’t exist. You can go to the HOMEPAGE OUR LATEST POSTS TRON DAO Adds Google Cloud as a Super Representative Candidate on… May 14, 2024 Ghana’s Vice President Says His Government Aims to Become the First… May 14, 2024 Empowering Web3 Users: UXLINK Partners With OKX Web3…
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard stated. Mastercard’s Digital Asset Program Expands Payments giant Mastercard announced Wednesday that five startups from around the world […] Source: https://news.bitcoin.com/mastercard-welcomes-5-startups-to-blockchain-and-digital-asset-program/
Aussie admits to promoting BitConnect crypto services without a license
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts. Source: https://cointelegraph.com/news/australian-crypto-lending-promoter-john-bigatton-bitconnect
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would “interweave the crypto industry with traditional finance,” aggravating systemic risks introduced […] Source: https://news.bitcoin.com/financial-nonprofit-better-markets-approving-a-spot-ether-etf-would-threaten-the-broader-financial-system/
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in the last quarter exceeded expectations due to the company’s persistent sales efforts and […] Source: https://news.bitcoin.com/mining-rig-producer-canaans-q1-unrealized-gains-narrow-net-loss-to-39-4-million/
Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision? Source: https://cointelegraph.com/news/united-states-joe-biden-sab-121-accounting-crypto-law
Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring
Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6 million). The criminal operation had been laundering money through virtual assets by creating fake customer records and forged identity data. Law enforcement […] Source: https://news.bitcoin.com/binance-aids-taiwan-in-busting-6m-crypto-money-laundering-ring/
Crypto personality pleads guilty to fraud after promising 60% returns over 3 months
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a “fictitious” cryptocurrency” wallet after promising significant gains. Source: https://cointelegraph.com/news/crypto-personality-thomas-john-sfraga-wire-fraud-department-justice
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges the NFTs were promoted with various digital, physical, […] Source: https://news.bitcoin.com/dolce-gabbana-sued-over-6000-nfts-losing-97-value/