On Monday, Franklin Templeton, a global investment management organization gave an announcement. It says Franklin OnChain U.S. Government Money Fund (aka ‘The Fund’) recorded $270 million in Assets Under Management (AUM) till March end of 2021. It is mentioned that the Fund utilizes the Stellar blockchain network for all activities
As a part of the ‘Crypto435‘ campaign conducted by Coinbase, a live Twitter Space discussion happened in Washington, DC – concerning cryptocurrency policies and national securities with the CEO of Coinbase, Brian Armstrong. The other people who joined in the spaces include Anja Manuel, Tomicah Tillemann, and Faryar Shirzad, during
The United States Securities and Exchange Commission (U.S. SEC) has claimed that the major crypto exchange, Coinbase is violating federal laws. In March 2023, SEC sent a Wells Notice against Coinbase with a dispute of enforcement actions ahead. Meanwhile, the head of Coinbase, Vishal Gupta resigned post the Wells Notice.
The Montenegro authorities have charged Do Kwon, the founder of Terraform Labs, with indictment after his recent arrest in Montenegro. Last month, authorities in Montenegro arrested Do Kwon and Han Chang-Joon, the Chief Financial Officer (CFO) of collapsed Terraform Labs, on charges of forgery. Following their arrest, a request for
Sales of Trump Digital Trading Cards, the famous Donald Trump-based NFT collection, soared 2526% in the last 24 hours. These digital collectibles, popularly dubbed as Trump NFTs, continue to rise in fame, sparking great hype in the NFT sector in a short span since December 2022. According to the on-chain
The United States ex-president Donald Trump launched his first NFT collection, named the Donald Trump digital card collection, on December 15, 2022. The NFT collection contains an artistic representation of his life and career. A report from the U.S. Office of Government Ethics shows that he has earned over $1
U.S. regulators continue their crackdown on the cryptocurrency industry, with the head of the Commodity Futures Trading Commission (CFTC) admonishing Binance Holdings Ltd over its compliance with U.S. rules. In a lawsuit against Binance and its CEO, Changpeng Zhao (C.Z.), CFTC alleged that the company and its top executive had
Recent reports on Twitter have announced that Montana has legalized cryptocurrency mining within the state. In February of this year, the Montana Senate House passed the “Right to Mine” Bitcoin (BTC) bill with an impressive vote of 37-13. Also, this bill grants citizens of Montana the right to own and
Today, the United States Securities and Exchange Commission (U.S. SEC) has given the announcement of hiring General Attorneys in places like New York, San Francisco, and Washington. Under the Division of Enforcement, the position of General Attorney is currently available for Crypto Assets and Cyber Unit division. The Division of
Decentralized Finance (DeFi) has been making waves in the financial world as a revolutionary technology. That allows peer-to-peer value transfer on blockchains without intermediaries. However, concerns have raised about the risks associated with DeFi, including money laundering and terrorism financing. According to recent reports, the US Treasury Department released a
