Tether to Invest $1B in Deals in 2025
According to a report by Bloomberg on Tuesday, chief executive officer of stablecoin developer Tether, Paolo Ardoino, has revealed that their investment arm plans to make deals worth $1 billion in the next year.
Thailand’s Regulator Revokes Zipmex’s Licenses
Thailand’s Securities and Exchange Commission (SEC) has taken action against cryptocurrency exchange Zipmex after a period of intense regulatory scrutiny.
Bank of Ireland Grants License to Crypto.com
The Central Bank of Ireland has granted Crypto.com with the status of a Virtual Asset Service Provider (VASP), allowing the company to expand its services in Ireland.
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
George Town, Grand Cayman, 11th June 2024, Chainwire
ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network by 25x
Vancouver, Canada, 11th June 2024, Chainwire
Australia Bans Crypto Use for Online Gambling
The Australian government has announced a ban on using cryptocurrencies and credit cards for online gambling.
Solana Removes Group of Validator Operators
The Solana Foundation has removed a group of validator operators from its delegation program for engaging in sandwich attacks on traders.
Spot Bitcoin ETFs See $64.9 Million Outflows
Spot BTC ETFs in the US experienced a decrease of $64.9 million in net flows on June 10, ending their four-week period of consecutive gains.
Polkadot Allocates $14.4M to Boost DeFi with Hydration
Gibraltar, Gibraltar, 10th June 2024, Chainwire
Bakkt is Considering Sale or Break Up
Bakkt is considering potential options such as selling the business or dividing it into smaller entities.
DePIN Protocol io.net CEO Leaves Company
Io.net, a decentralized infrastructure provider on the Solana platform that allows users to rent GPU power for financial compensation, has replaced its CEO just two days before the launch of its native token.
Wintermute CEO: Ethereum Leaders Must Choose Between Capitalist or Socialist Economic System
According to Evgeny Gaevoy, CEO of digital assets market maker Wintermute, leaders in the Ethereum community must make a choice between building a capitalist or socialist economic system.
BEVM Visionary Builders (BVB) Program Launches a 60 Million Ecosystem Incentives Program
HongKong, China, 7th June 2024, Chainwire
Robinhood Plans to Acquire Crypto Exchange Bitstamp
Robinhood is expanding its involvement in the world of cryptocurrency by acquiring the Bitstamp cryptocurrency exchange.
CryptoUK Releases a Travel Rule Guide
In an effort to assist the crypto industry in complying with the UK’s Travel Rule, CryptoUK, a self-regulatory trade association, has released a comprehensive guide.
