Cryptocurrency
Binance comes under fire over report on Iranian sanctions,denies wrongdoing –
Saniya -
Key TakeawaysThe transactions allegedly included transfers to wallets associated with Iran’s Islamic Revolutionary Guards Corps.Leung stated the firm’s work with Binance was limited to routine disbursements including invoices and payrollWorld’s largest crypto exchange Binance’s internal compliance team identified substantial...
Cryptocurrency
WisdomTree to enable 24/7 trading for tokenised MMF after SEC nod –
Saniya -
The SEC ruling grants WisdomTree exemptive relief from standard mutual fund regulations that typically require single end-of-day net asset value calculations.The decision allows investors to buy and sell shares of the WisdomTree Treasury Money Market Digital Fund (WTGXX) at...
Cryptocurrency
Canaan expands US crypto mining presence with $39.75 million cipher acquisition –
Saniya -
Key TakeawaysWindHQ retains the controlling 51% stake in the venture, establishing Canaan as a minority partner in the operations.Zhang emphasised that acquiring direct access to low-cost Texas power infra allows the company to align its proprietary mining equipment with...
Cryptocurrency
Kraken brings crypto-style, 24/7 perpetuals trading for tokenized U.S. stocks
Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk.The products, available to eligible non-U.S. users in more than 110 countries, track digital versions of major U.S....
Cryptocurrency
Russia Reportedly Investigates Telegram CEO Over Facilitating Terror
Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports.Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state...
Cryptocurrency
Pharos Network Launches Alliance to Standardize Onchain RWA Market
Pharos Network has launched a collaborative ecosystem designed to transition real-world assets from experimental pilots into a standardized, institutional-grade execution framework. A New Standard for Real-World Assets Pharos Network, a financial Layer 1 platform, has announced the launch of...
Cryptocurrency
Fed is Seeking Feedback on Proposal to Remove Reputation Risk from Banking
The US Federal Reserve is seeking to codify a rule removing “reputation risk” from banking supervision, which some have blamed for a wave of crypto debanking in recent years. The Fed initially began making changes in June last year,...
Latest News
How AI is supercharging Russia’s online disinformation campaigns
Unlike traditional Russian propaganda outlets like media companies RT and Sputnik, which the West swiftly sanctioned at the start...