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Blockchain News

Tether Freezes 32 Accounts, Hindering $873K in Terror Financing

Key Insights:Tether proactively combats cyber-financed terrorism, freezing $873,118 in assets linked to illicit activities. Paolo Ardoino, Tether's CEO, underscores cryptocurrency's traceability, contradicting assumptions...

Gemini Exchange Cash Out Millions From Genesis Before it Plunge off

One Crypto exchange by the name of Gemini recently made a withdrawal of $284 million in crypto from Genesis exchange. On September 28 Bloomberg...

Circle Partners with Grab to Start Web3 Wallet in Singapore

Web3 has been getting the attention of many organizations as multiple firms dive into it. Recently Circle Internet Financial has shown its interest in...

Ripple Increases its University Blockchain Research Regions in Europe

Ripple is set to open other new Universities in Europe and expand its University Blockchain Research Initiative (UBRI). However, this partnership with different Universities...

JP Morgan Observes Digital Deposit Tokens to Make a Conclusion

JP Morgan has recently been observing the blockchain-based digital deposit token and is yet to conclude if it is fit for the market. Although...

Revolut Halts Cryptocurrency Trading for US Customers Citing Regulatory Uncertainty

TL;DR BreakdownRevolut halts cryptocurrency trading for its US customers due to regulatory uncertainty in the country's crypto sector. Coinbase and Circle's CEOs have...

Russia’s Central Bank Unveils Digital Ruble for Use Starting August

TL; DR BreakdownRussian President signs bill for the Digital Ruble: CBDC becomes a third official form of payment. Central Bank to handle infrastructure...

Celsius Network’s Bankruptcy Saga: Nearing Settlement and Eyeing Recovery

TL; DR Breakdown:Celsius Network's $78.2B settlement hearing: a beacon in the storm? Customers may see 105% claims recovery in Celsius' unique proposal. Despite...

Kuwait’s Crypto-Curtain Call: From Mining Marvel to a Total Digital Ban

TL: DR BreakdownKuwait's crypto ban marks a turning point in its digital asset policy, highlighting the challenges of regulating decentralized currencies. The ban...

Terraform Labs Appoints Chris Amani as Interim CEO to Steer Recovery

TL; DR BreakdownTerraform Labs appoints Chris Amani as temporary CEO amidst bankruptcy and cryptocurrency failure. Former COO Chris Amani brings expertise from Humanity...

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