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Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022

Changpeng Zhao, the CEO of global leading digital-asset platform Binance has announced that the firm may spend more than $1 billion on investment by the end of 2022.  Zhao, also known as ‘CZ’ made this revelation in an interview with Blomberg and claimed that Binance could spend more than $1 billion on investments and asset … Continue reading Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022

Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch

Robinhood is seeking to hire several Sanctions Investigators for its finance crimes compliance unit as it may be broadening its offerings, according to its official Linkedin page. The job description includes reviewing and analyzing alerts of potential matches of Robinhood customers to denied parties, managing the investigative process from initial detection to disposition and reporting, … Continue reading Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch

92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

To learn crypto perspectives from family offices (FOs) and high-net-worth individuals (HNWIs) in Singapore and Hong Kong, KPMG China and Aspen Digital conducted a study dubbed “Investing in Digital Assets” and discovered that growing interest among this group. Per the report: “Despite the volatility in the digital asset market in the past two years, FOs … Continue reading 92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace

California, United States, 26th October, 2022, Chainwire Regen Network Development released its marketplace application for tokenized carbon and ecological assets, Regen Marketplace. Regen Network allows carbon project developers to originate high-quality nature-based carbon credits to markets, catalyzing regenerative finance solutions to the climate crisis. Regen Marketplace takes advantage of Regen Ledger, the application-specific blockchain which brings transparency and public governance … Continue reading Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace

China Plays Top Crypto Whale, Followed By US: Sources

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Russia largest bank is moving forward with the plan

Sberbank, the biggest bank in Russia, is pushing ahead with the plan to deploy its decentralised financing (DeFi) platform. The bank is now getting ready to test out the product within the next few months. The head of Sberbank’s Blockchain Lab, Konstantin Klimenko, said on February 3 that the financial institution anticipates beginning open trials … Continue reading Russia largest bank is moving forward with the plan

Tether Completes Reserves Attestation by Major Global Accounting Firm

The completion of the reserves attestation for the cryptocurrency Tether has been accomplished with flying colors by the prestigious international accounting firm BDO. The attestation that Tether is the world’s biggest stablecoin by market value was carried out by BDO, and the coin is issued by the company that owns the stablecoin with the highest … Continue reading Tether Completes Reserves Attestation by Major Global Accounting Firm

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

According to a story published on February 10 by The Wall Street Journal, stablecoin issuer Tether Holdings has contracted the services of a prominent Wall Street business in order to manage its portfolio of Treasury securities. The Wall Street Journal cited unnamed persons familiar with the situation in reporting that the financial services business Cantor … Continue reading Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy, a Bitcoin (BTC) mining firm located in Australia, has said that it plans to roughly increase its mining capacity by adding thousands of mining rigs. The company said on February 13 that it has bought an extra 4.4 exahashes per second (EH/s) worth of Bitmain Antminer S19j Pro ASIC miners, which increased the … Continue reading Iris Energy to Triple Mining Capacity With Thousands of New Rigs

LidoDAO is considering selling or staking its $30 million

The decentralized autonomous organization that is responsible for Lido, which is the biggest Ethereum staking pool, is now debating whether or not it should stake the $30 million in Ether (ETH) that is currently in its treasury or sell it. Steakhouse Financial, the financial arm of the DAO, put out a proposal on February 14 … Continue reading LidoDAO is considering selling or staking its $30 million

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