Search Results for: Digital dollar

MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse

Singapore, Singapore, May 30th, 2023, Chainwire MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, (Metaverse Enabled Tokenized Application). Top web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon

May 30, 2023 4 mins read

Crypto Exchange OKX Releases 7th Proof of Reserves Report

In an attempt to set a new benchmark for openness and trust in the cryptocurrency sector, OKX, a cryptocurrency exchange located in Seychelles, has released its seventh proof-of-reserves (PoR) report. OKX holds $10 billion in bitcoin (BTC), ether (ETH), Tether (USDT), and other assets, according to a recent report. Moreover,

May 30, 2023 2 mins read

Tether Signs MoU With Georgia To Boost Blockchain Adoption

Tether USDT Dominates Market Share as Other Stablecoins Decline

There have been shifts in the last year regarding the market domination of stablecoins linked to the US dollar. Tether USDT, however, has returned to its all-time high, according to statistics compiled by CoinGecko, while the majority of cryptocurrencies are on a negative trend. Circle’s USDC market share has dropped

May 29, 2023 1 min read

July Showdown: U.S. Legislation to Redefine Crypto and Stablecoin Landscape

U.S. Presidential Candidates’ Views on Cryptocurrency: Exploring the Crypto Future

In the ever-evolving world of digital finance, cryptocurrency has emerged as a topic of significant interest for the next generation of U.S. presidential candidates. These political figures’ attitudes and policy suggestions are instrumental in shaping the future of this dynamic industry. Donald Trump: A Shift Toward Digital Assets Former President

May 27, 2023 3 mins read

OKX Launches Updated App for Spot Trading of Virtual Assets in Hong Kong

To facilitate secure spot trading of virtual assets in Hong Kong, OKX, the world’s second-largest cryptocurrency exchange by trading volume, and a leading Web3 technology business, has published an updated version of its app. In a recent announcement, the Hong Kong exchange revealed that BTC, ETH, ADA, MATIC, SOL, DOT,

May 25, 2023 1 min read

Florida Governor, Joe Biden, Ron DeSantis, Presidential Campaign

Florida Governor Shows Support for Bitcoin in Presidential Campaign

While the BRICS continue to drive down the dollar value, the U.S. is making a lot of noise with the upcoming election. In light of the current economic unrest, Florida Governor Ron DeSantis has taken a position in favor of cryptocurrencies by promoting pro-crypto policies as part of his 2024

May 25, 2023 1 min read

Celsius Announces Fahrenheit, LLC as Winning Bidder to Manage New Entity to Be Owned by Celsius Creditors

Winning bid positions Celsius’ assets to be transferred to “NewCo” under new executive leadership. Auction results in the distribution of hundreds of millions of dollars of more liquid cryptocurrency to customers and hundreds of millions of dollars in reductions to the proposed management fees compared to “stalking horse bid.” HOBOKEN,

May 25, 2023 4 mins read

TRON's Justin Sun Appreciates HFK SFC's Crypto Regulation

TRON’s Justin Sun Appreciates HK SFC’s Crypto Regulation

TRON Foundation founder Justin Sun has appreciated the Hong Kong Securities and Futures Commission’s (HK SFC) cryptocurrency regulation in one of his recent tweets. Sun appreciated that the HK SFC is balancing risk mitigation with freedom for innovation. He also added that these changes resonate with all of the community

May 24, 2023 2 mins read

Connecticut Banking Commissioner Settles With Bitcoin of America, Recovers $86,000 for Consumers

Connecticut’s Banking Commissioner, Jorge Perez, recently announced a settlement with Bitcoin of America, a virtual currency kiosk operator. The Department of Banking had discovered that Bitcoin of America was operating these kiosks in Connecticut without the required license. However, leading to four consumers falling victim to scams and losing tens

May 23, 2023 3 mins read

Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse

Braga, Portugal, May 22nd, 2023, Chainwire MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with their unique non-fungible

May 22, 2023 2 mins read