Tag: Crypto

  • US Treasury Sanctions Iran-Linked Crypto Exchanges in Historic First

    US Treasury Sanctions Iran-Linked Crypto Exchanges in Historic First

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    Issac Lane

    Washington expands Iran sanctions to digital asset platforms The United States Treasury has taken a landmark step in its Iran sanctions program by targeting cryptocurrency exchanges for the first time. On Friday, the Treasury Department announced sanctions against two UK-registered crypto platforms accused of playing a role in Iran’s financial network, signaling a tougher stance…

  • OSL Group Raises $200 Million to Scale Stablecoin and Digital Payments Business

    OSL Group Raises $200 Million to Scale Stablecoin and Digital Payments Business

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    Issac Lane

    Fresh capital to fuel global expansion Hong Kong listed digital asset firm OSL Group has raised $200 million in new equity financing, strengthening its push into stablecoins and regulated digital payments. The company said the funding will be used to support acquisitions, international growth and further development of its payment and settlement infrastructure as it…

  • Solana Validator Numbers Shrink as Rising Costs Push Out Small Operators

    Solana Validator Numbers Shrink as Rising Costs Push Out Small Operators

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    Issac Lane

    Solana’s validator ecosystem is undergoing a sharp contraction, with the number of active validators falling by nearly 70 percent since early 2023. The decline is stirring debate within the crypto community about whether the high performance blockchain is drifting away from its decentralization goals as operating a node becomes increasingly expensive and competitive. According to…

  • WisdomTree Expands Tokenized Fund Offering to Solana Network

    WisdomTree Expands Tokenized Fund Offering to Solana Network

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    Issac Lane

    Solana Becomes the Latest Chain in WisdomTree’s Multi-Chain Push WisdomTree has added the Solana blockchain to its growing list of networks supporting its tokenized investment products, marking another step in the firm’s broader multi-chain strategy. The US-based asset manager confirmed that its full range of tokenized funds is now live on Solana, allowing both institutional…

  • Bitget names former Bitpanda legal chief Oliver Stauber to lead EU expansion from Vienna

    Bitget names former Bitpanda legal chief Oliver Stauber to lead EU expansion from Vienna

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    Issac Lane

    Crypto exchange Bitget has appointed Oliver Stauber, former chief legal officer at Bitpanda, as CEO of Bitget EU, marking a key step in the company’s push to establish a fully regulated presence in Europe under the Markets in Crypto Assets Regulation framework. Stauber will oversee Bitget’s MiCA strategy and lead the setup of its European…

  • Stablecoins Pose Growing Threat to Bank Deposits, Warns Standard Chartered

    Stablecoins Pose Growing Threat to Bank Deposits, Warns Standard Chartered

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    Issac Lane

    Stablecoins are emerging as a serious risk to traditional banking deposits across the United States and globally according to a new report by Standard Chartered. The bank’s digital assets research team warns that the rapid growth of dollar backed cryptocurrencies could significantly weaken banks’ funding bases particularly at regional institutions. The analysis comes amid ongoing…

  • Bitcoin Faces Fresh Bear Market Fears as Key Trendlines Mirror 2022 Pattern

    Bitcoin Faces Fresh Bear Market Fears as Key Trendlines Mirror 2022 Pattern

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    Issac Lane

    Bitcoin is showing worrying signs of entering a new bear market, as major technical indicators on the weekly chart repeat patterns last seen in 2022. Analysts say the latest trendline crossover and weakening performance against silver are raising serious concerns among traders and long term investors. With similarities to the last major market downturn becoming…

  • Binance Seeks MiCA License in Greece as EU Compliance Deadline Nears

    Binance Seeks MiCA License in Greece as EU Compliance Deadline Nears

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    Issac Lane

    Binance has applied for authorization under the European Union’s Markets in Crypto-Assets Regulation in Greece, as pressure mounts on crypto firms to meet looming compliance deadlines across the bloc. The move comes at a time when regulators are stepping up scrutiny of exchanges that have yet to secure a MiCA license ahead of the June…

  • Farcaster to Return 180 Million Dollars to Investors After Neynar Acquisition

    Farcaster to Return 180 Million Dollars to Investors After Neynar Acquisition

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    Issac Lane

    Decentralized social networking protocol Farcaster will return 180 million dollars to investors following its acquisition by infrastructure provider Neynar, even as the platform continues normal operations. The move marks a rare moment in crypto where a venture-backed startup opts to give back its entire raised capital while transitioning stewardship of its core protocol. Farcaster co-founder…

  • Bitpanda Broadens Offering With Stocks and ETFs in Universal Exchange Push

    Bitpanda Broadens Offering With Stocks and ETFs in Universal Exchange Push

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    Issac Lane

    European crypto exchange Bitpanda is taking a decisive step beyond digital assets, announcing plans to roll out stocks and exchange traded funds on the same platform. The move reflects a wider shift in the crypto industry, where major players are racing to become all in one financial apps rather than niche trading venues. Starting January…