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Tag Archives: Blockchain News

Binance Hires Former Justice Department Prosecutor in Fight with SEC

Kendall Day led the department’s efforts to combat money laundering, including dealing with charges related to money laundering, deferred prosecution agreement, etc. Amid its ongoing legal fight with the US Securities and Exchange Commission (SEC), crypto exchange Binance has hired a former white-collar prosecutor of the Department of Justice (DoJ), as per the court filing on Thursday, June 22. M. Kendall Day, a partner at Gibson Dunn & Crutcher’s Washington DC office, will serve as...

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SAP Clients Testing Cross-Border Payments with Circle’s USDC

Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog post, the company revealed its collaboration with Circle, a leading digital currency firm, to test the use of its stablecoin, USD Coin (USDC) as a means...

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K5 Global Sued to Court by FTX, May Pay $700 Million

The suit was filed at the United States Bankruptcy Court for the District of Delaware. Bankrupt FTX exchange has filed a lawsuit against K5 Global – an investment firm owned by a former aide to Hillary Clinton. According to a Reuters report, the suit was filed at the United States Bankruptcy Court for the District of Delaware. It contains 16 counts against the defendants and seeks to recover about $700 million from them. According to the filing, the defendants include K5 Global, Mount...

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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

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Zachari Saltmer Decodes Startup Success and Failure: Insights for Avoiding Business Failure

“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his insights have had a profound impact in the arena of crypto markets, particularly with innovations such as BRC-20 and ERC-6551. As we set foot into the next cycle of...

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Mark Zuckerberg Confirms He Is Ready for Cage Fight with Elon Musk at UFC Arena in Las Vegas

Elon Musk as now chosen the Octagon UFC arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg. Meta Platforms Inc (NASDAQ: META) chairman and CEO Mark Zuckerberg is now ready for a cage fight with Tesla (NASDAQ: TSLA) CEO Elon Musk. On Wednesday, Zuckerberg posted a screenshot of Musk asking for a cage fight and captioned it “Send Me Location”. The banter between both billionaires began when International Blockchain Consulting founder and CEO Mario Nawfal tweeted that...

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AI Digital Art Design Platform Atriv Integrates Flare Layer-1 Blockchain for Simplified Access to NFTs and Art

The partnership between Atriv and Flare creates ease for all digital artists and creators looking to issue NFTs and tokenize their creations. Artificial intelligence (AI) digital art platform Atriv has announced a partnership with the Flare blockchain to provide the network with Atriv’s no-code NFT platform. The partnership aims to create a free market where collectors and digital artists can easily create art and tokenize their creations. Atriv’s NFT platform uses artificial intelligence...

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Binance Unveils Local Digital Asset Platform in Kazakhstan

According to the General Manager of Binance Kazakhstan Zhaslan Madiyev, the platform has joint forces with five regulatory bodies in the country. As always, the popular crypto exchange Binance is expanding its horizon by launching a regulated platform in Kazakhstan. The company announced the new local digital asset platform in the country on June 20th after receiving a go-ahead in October last year. At the Astana International Financial Center (AIFC) in 2022, the AIFC Financial Services...

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SHIB Price Shoots by Over 11% after Shiba Inu Introduces Shibacals

Shibacals will make use of the NFC chips in order to authenticate physical items digitally. The Shiba Inu developers are currently on an interesting development dubbed ‘Shibacals’ to link real-world assets to non-fungible tokens (NFTs) and thus help improve their ownership, as part of their Shibarium rollout. As we know, Shibarium is Shiba Inu’s Layer-2 scalability platform with a focus on the Metaverse as well as non-fungible tokens (NFT) applications. Shibarium will operate with the...

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World Mobile Unveils Token Buyback Program to Foster Growth

The token buyback program is poised to witness an escalation in both value and frequency as World Mobile sets its sights on expanding its presence across Africa, Asia, and the United States. World Mobile, a leading provider of decentralized mobile network solutions, has made a significant stride toward promoting sustainable growth within the sharing economy. The company recently unveiled its token buyback program aimed at supporting the development and expansion of its innovative network...

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