Sun, September 22

Search Results for: Digital dollar

April Sees Nearly $1B Investment in Blockchain Gaming, Highest Since 2021

April was the biggest monthly investment in blockchain gaming since January 2021, at $988 million. Additionally, 2.9 million unique active wallets were recorded for blockchain gaming, which is a record-breaking figure. The April blockchain gaming report was issued on 17 May by DappRadar in collaboration with the Blockchain Gaming Alliance.

May 18, 2024 2 mins read

Court Approves Defunct Genesis Global’s $3 Billion Repayment Plan

The bankruptcy court has given the go-ahead for Genesis Global, a cryptocurrency lender, to repay its creditors with over $3 billion worth of cash and crypto. Digital Currency Group (DCG), the parent firm, will not be able to recover from its bankruptcy as a result of this ruling. On May

May 18, 2024 2 mins read

Jack Dorsey Backed TBD Partners with Chipper Cash to Expand in Africa

In an effort to facilitate more international commerce in Africa, TBD, a digital payment business backed by Jack Dorsey, has established a collaboration with Chipper Cash. The business has announced plans to increase its footprint across 40 African nations. Block, which TBD is a subsidiary of, was co-founded by Jack

May 15, 2024 2 mins read

ETFSwap (ETFS) Crosses 4,000 Users With $1.5 Million Raised

Singapore, Singapore, May 15th, 2024, Chainwire ETFSwap (ETFS), an emerging decentralized cryptocurrency and Exchange-Traded Funds (ETFS) platform, has achieved a series of significant milestones, marking a historic moment in its development and presale. With the support and confidence of thousands of users and investors worldwide, this ground-breaking platform is experiencing

May 15, 2024 3 mins read

El Salvador Mines $29 Million in Bitcoin with Volcano Energy

El Salvador continues to solidify its position as a leading Bitcoin-centric nation, showcasing impressive strides in both Bitcoin mining and green energy initiatives. Recent reports indicate that the country has significantly bolstered its Bitcoin reserves, with the latest figures revealing a substantial increase. According to records, El Salvador has mined

May 15, 2024 2 mins read

Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries

The 2nd edition of Dubai FinTech Summit (DFS) organised by Dubai International Financial Centre (DIFC), under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, concluded with

May 14, 2024 8 mins read

Binance Faces $4.3 Million Fine for Money Laundering Charges in Canada

Cryptocurrency exchange Binance is preparing to pay a hefty settlement to Canadian authorities after fresh charges of money laundering. Binance was fined $6 million Canadian dollars by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) on May 9. This amount equals $4.3 million. Criminal charges including money laundering

May 9, 2024 1 min read

Mastercard Teams Up with Major Banks for Tokenized Settlement Pilot

In order to test distributed ledger technology for financial settlements utilizing tokenization, Mastercard has partnered with major US banks including Citigroup, Visa, and JPMorgan. This collaboration between the payment processor and the banking titans is a test run in Regulated Settlement Network (RSN), a distributed ledger technology. Through RSN, it

May 9, 2024 2 mins read