Crypto news

The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved in virtual assets, enabling evasion of US sanctions. The enforcement agency claimed that these individuals and entities played a crucial role in facilitating transactions or providing services aimed at aiding other designated entities in...

[PRESS RELEASE – NY, US, March 31st, 2024] The growing fascination with meme coin projects within the Solana blockchain ecosystem is highlighted by the swift increase in market capitalization seen across several projects. With the price of Solana holding strong at around $180 per SOL, the platform showcases its ability to facilitate the rapid rise of creative meme coins, including $BOME and the newly launched Donk.Meme ($DONKM). Donk.Meme, which draws inspiration from the...

Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its official statement, Galaxy Digital said that its fortunes took a positive turn in the last quarter of 2023, catapulting its net income to...

United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of $244.8 million. As per data from 21Shares’ Dune Analytics dashboard, BUIDL is now behind...

[PRESS RELEASE – Brno, Czech Republic, March 31st, 2024] Maitreja, a trailblazing technology non-profit, is poised to revolutionize social networking and application development with its emphasis on user empowerment, authentic connections, and blockchain technology integration. At the heart of its initiative is Mait.me, a pioneering social network platform, accompanied by a dynamic suite of mobile applications, all designed to promote genuine interactions, mutual respect, and...

[unable to retrieve full-text content]CoinspeakerEntangle Unveils Its Photon Cross-chain Messenger As highlighted in the shared press release, the Photon cross-chain has gone through a testing phase in preparation for its mainnet release, revealing it to be the quickest cross-chain messenger in the Web3 ecosystem thus far. Entangle Unveils Its Photon Cross-chain Messenger

The US and UK authorities have ramped up their crackdown on entities linked to terrorism financing via crypto after the October 7th attacks on Israel. As such, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed fresh sanctions earlier this week on two individuals and three entities for their alleged involvement in fundraising for the Palestinian Sunni Islamist political entity, Hamas. Pro-Hamas...

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday, reaching $513 million in market capitalization in just 48 hours of trading. The weekend saw even more gains, as MEW went as high as $0.008, and its...

The Financial Conduct Authority (FCA) in the UK has declared its intention to address meme-based marketing for financial products by releasing guidelines for financial services firms and social media influencers. The FCA’s latest report comes after its announcement last month that it will take action against firms engaged in illegal financial promotions. FCA Releases Guidelines for Memecoin Influencers The United Kingdom’s financial regulator has released guidelines for...

Bitcoin-Allzeithoch, aber dennoch: Ripple hat sich aufgrund seiner schnellen, kostengünstigen und grenzüberschreitenden Transaktionsfähigkeiten als attraktive Option für Finanzinstitute herausgestellt. Ripple, eine Kryptowährung und ein Zahlungsnetzwerk, wurde entwickelt, um die Effizienz des traditionellen Bankwesens zu steigern. Im Gegensatz zu Bitcoin, das primär als Währung und Spekulationsobjekt dient, konzentriert sich Ripple auf die Verbesserung des Zahlungsverkehrs, insbesondere bei...