Tue, November 19

Search Results for: US treasury

Liminal Partners With Dubai Based Encryptus to Bridge the Gap Between Crypto and Fiat

Liminal, the fastest-growing digital asset custody and wallet infrastructure provider, is excited to announce a strategic partnership with Dubai based Encryptus, a pioneer in providing comprehensive fiat off-ramp solutions. This collaboration aims to transform the digital asset space by offering a compliant and consolidated pathway for institutions to convert crypto

January 19, 2024 4 mins read

U.S. Treasury and IRS Delay Digital Asset Transactions Reporting

U.S. Treasury and IRS officials have stated that they would postpone implementing new reporting rules for digital asset transactions, providing some short-term respite to companies involved in the cryptocurrency industry. The agencies are now working on adopting rules in response to changes brought by the Infrastructure Investment and Jobs Act,

January 17, 2024 2 mins read

USDC Stablecoin Issuer Circle Files for Initial Public Offering (IPO)

An IPO in the United States has been formally filed by Circle Internet Financial, the business that created the well-known stablecoin USDC, according to reports. The announcement, which was made recently, is a major step forward for the Boston-based company’s plans to go public and become more widely accepted. Circle

January 12, 2024 2 mins read

Ault Alliance Returns to Treasury Common and Preferred Stock, Enhancing Financial Stability

LAS VEGAS–(BUSINESS WIRE)–$AGREE #24_percent_of_Series_D_Preferred_returned—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it has returned to treasury 101,362 shares of its 13% Series D cumulative redeemable perpetual preferred stock, which have a stated value of $2.5 million (the “Preferred Shares”) and

January 9, 2024 4 mins read

North Korean Lazarus Group Moves $1.2 Million Worth of Bitcoin

A holding wallet received almost $1.2 million worth of Bitcoin (BTC) from the infamous North Korean hacker unit Lazarus Group recently. Cybersecurity professionals and blockchain specialists are taking notice of this move since it is their biggest transaction in the previous 30 days. Arkham, a blockchain research organization, revealed that

January 8, 2024 1 min read

Tether Mints $1 Billion USDT, Citing Inventory Replenishment

Another 1 billion USDT has been “authorized but not issued,” as stated by CEO Paolo Ardoino of Tether, the firm behind the stablecoin. Whale Alert, informed on December 25 via twitter that Tether Treasury has minted one billion USDT ($1 billion). The CEO of Tether, Ardoino, then issued a public

December 26, 2023 2 mins read

7 Iconic Women of Digital Industry For 2024

When we talk about Women, it is very fair to point about the lesser achievements. But things have really taken a major turn now, especially in the digital industry, as it is led by the visionary women who are pioneering the charge in the widespread adoption of crypto within institutional

December 26, 2023 6 mins read

Balance Introduces Its Next Generation Digital Asset Custody Backend.

CALGARY, Alberta–(BUSINESS WIRE)–#crypto–Balance, Canada’s oldest and largest digital asset custodian, is pleased to announce the successful rollout of its next generation digital asset custody backend. After close to a year and a half of careful research, development, and testing, the third major iteration of its backend called Custody 3.1 has

December 20, 2023 3 mins read

Fyde Treasury Secures $3.2 Million in Seed Funding Round for Crypto Treasury Management Solution

Fyde Treasury has pioneered a solution for a secure, non-custodial, “liquid vault” tailored for all cryptocurrency holders, from beginners to power users. LONDON–(BUSINESS WIRE)–$FYDE #defi—Fyde Treasury, a blockchain technology company led by a former NASA scientist, has closed a $3.2 million seed funding round marking a major stride towards tackling

December 19, 2023 3 mins read