Search Results for: Relations

Binance CEO Clarifies Details on CommEx Integration

Key Takeaways * CZ, Binance’s CEO, provides clarifications on Binance’s association with CommEX. * Cryptocurrency transfers between the platforms are in progress. * Binance’s broader compliance strategy leads to its Russian operations’ sale to CommEX. CZ’s Clarifications on Binance and CommEx Association In a recent tweet, Changpeng Zhao (CZ), CEO of Binance, provided insights into … Continue reading Binance CEO Clarifies Details on CommEx Integration

Alpaca Debuts Private Equity Real Estate

According to a press release on September 29, 2023, the alternative investments management company Alpaca of New York presented its Alpaca Real Estate (ARE) private equity real estate platform to the public for the first time. The platform’s first foray into the real estate market was co-founded by industry veterans Daniel Carr (ex-Ares Management) and … Continue reading Alpaca Debuts Private Equity Real Estate

GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR Markets Pte. Ltd., the Singaporean subsidiary of global cryptocurrency trading firm GSR, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). Announced on October 2, 2023, this regulatory milestone is a significant advancement in GSR’s journey to become a fully licensed entity. The approval allows GSR … Continue reading GSR Secures Major Payment Institution Licence from Singapore's MAS

VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030

The comprehensive evaluation on Ethereum (ETH) by VanEck Research, led by Matthew Sigel, the Head of Digital Assets Research, and Patrick Bush, Senior Investment Analyst, Digital Assets, has revised the price target for Ethereum to $11.8k by 2030, following Ethereum’s hard fork. This revision is due to a more precise valuation model that took into … Continue reading VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030

DOJ Plans to Call Former FTX Consumers, Investors, and Employees as Witnesses in Upcoming Samuel Bankman-Fried Trial

The judicial spotlight is soon to be on Samuel Bankman-Fried, the former CEO of FTX, as the U.S. Department of Justice (DOJ) outlines its strategy for the upcoming trial. On September 30, 2023, the DOJ disclosed through a letter motion in limine, the array of witnesses it intends to call upon. These individuals, hailing from … Continue reading DOJ Plans to Call Former FTX Consumers, Investors, and Employees as Witnesses in Upcoming Samuel Bankman-Fried Trial

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple’s Singapore subsidiary, Ripple Markets APAC Pte Ltd, has successfully secured its MPI license for digital payment tokens (DPTs) from the MAS. The license comes on the heels of the regulatory body’s in-principle approval of Ripple’s application in June 2023. Singapore has been a pioneer in establishing a robust regulatory framework for DPTs through its … Continue reading Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

HKPF and SFC Form Joint Working Group to Tackle Illicit Activities in VATPs

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a dedicated working group aimed at enhancing collaboration in monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). The formation of this group comes in the wake of ongoing investigations into the Dubai-based JPEX exchange and aims … Continue reading HKPF and SFC Form Joint Working Group to Tackle Illicit Activities in VATPs

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55 billion of USDT. This figure represents roughly 47% of Tether’s circulating supply as of October … Continue reading Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

Alameda Accused of Misusing FTX Customer Funds in Court

In an unfolding courtroom drama, key personnel from cryptocurrency exchange FTX and its associated entity, Alameda Research, testified, shedding light on potentially damning financial mismanagement and misrepresentation practices. The revelations came to the forefront during the questioning of Gary Wang and Caroline Ellison by the prosecution, with content provided by Inner City Press. Gary Wang, … Continue reading Alameda Accused of Misusing FTX Customer Funds in Court

Solana Foundation Offers $400k Bounty for Critical Code Discovery

The Solana Foundation is offering a monetary reward of $400,000 to anyone who can identify a code that could potentially halt the Solana network, as revealed by Jacob Creech, Head of Developer Relations at Solana. The announcement came through Creech’s Twitter post on 13th October 2023. The bounty is part of Solana’s bug bounty program … Continue reading Solana Foundation Offers $400k Bounty for Critical Code Discovery

Exit mobile version