Gox to distribute 142,000 BTC and 143,000 BCH, valued at over $9 billion, to creditors. The payout process could commence as early as next month. All eyes are on the impact of the payout on Bitcoin and Bitcoin Cash price especially after the bitcoin halving event. Mt. Gox, once a major player in the cryptocurrency exchange scene, faced a devastating hack in 2014, leading to its collapse. Now, nearly a decade later, the defunct exchange is preparing to distribute a significant sum of digital assets including approximately 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH), amounting to over ..read more

Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year. The crypto world has witnessed a historic moment in the real-world assets (RWAs) industry after Archax, a London-based digital asset exchange, broker and custodian, tokenized the BlackRock ICS US Treasury money market fund (MMF) on the Hedera (HBAR) blockchain. Archax collaborated with the HBAR Foundation and the institutional-grade dig ..read more

By introducing a plethora of useful features for crypto users, including the launch of the $BcCoin token (which will be featured on prominent crypto exchanges soon), BlackCard aims to be at the forefront of revolutionizing global cryptocurrency payment operations. By utilizing AI technology, the BlackCard Crypto Credit Card empowers users to easily integrate their digital assets into their respective everyday transactions, thereby removing the limitations commonly associated with traditional banking systems. What Does BlackCard Provide? With BlackCard, users can now effortlessly convert their ..read more

Last month Argentina’s financial regulator, Comisión Nacional de Valores, introduced mandatory registration for all cryptocurrency exchanges and brokers operating in Argentina. As crypto service providers begin to get to grips with this new crypto registration rule, this article outlines the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Arge ..read more

Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  As Argentina begins its crypto registration rule, this article briefly briefs on the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the­ way cryptocurrencies and casinos work togethe­r is slowly changing. There aren’t any rule­s specifically about using cryptocurrency for gambling. Howeve­r, more people are­ using digital money ..read more

Crypto.com postpones South Korea entry. The company had acquired OK-BIT and PnLink for regulatory compliance. Despite the temporary halt, the company remains committed to navigating challenges to eventually enter the country. Crypto.com has decided to halt its plans to enter the South Korean market temporarily. The move comes as the company faces regulatory challenges in one of the world’s most vibrant cryptocurrency hubs. Crypto.com facing regulatory hurdles despite acquisitions Earlier this month, Crypto.com announced its plans to enter the South Korean market, to offer South Korean custom ..read more

INJ 3.0 went live on the mainnet today, Injective announced. Injective price rose slightly after the vote, hitting highs of $29.15. Injective (INJ) has announced that the INJ 3.0 upgrade is now live on the mainnet following a historic on-chain vote. According to the layer-one blockchain’s team, IIP-392 passed with the highest percentage of approval for such an upgrade, and Injective is now in a new era. “INJ 3.0 is officially live on mainnet, allowing $INJ to become one of the most deflationary assets in all of crypto. Over the next two years, the supply of INJ will be decreased on an accele ..read more

TL;DR AKT is the best performer amongst the top 100 cryptocurrencies by market cap today, adding 54% to its value. Algotech’s presale is approaching the $4 million mark as more investors troop into the project. AKT leads the market charge The cryptocurrency market has been performing well since the Bitcoin halving on Friday. However, Akash Network’s AKT token leads the charge after performing excellently over the last few days. AKT is up by 54% in the last 24 hours, outperforming the other major cryptocurrencies by market cap. At press time, AKT is trading at $6.24, up by 75% over the last s ..read more

Victoria, Seychelles, April 23rd, 2024, Chainwire At this month’s Blockchain Life Dubai conference, Bitget Wallet‘s Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive application of various wallet technologies, including hot wallets, cold wallets, MPC wallets, AA wallets, and multi-signature wallets. Kan emphasized the widespread security vulnerabilities in the Web3 envi ..read more

The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5 million; dO Kwon offered $800,000. The US Securities and Exchange Commission (SEC) is after a $5.3 billion judgement against Terraform Labs and its co-founder and CEO Do Kwon. SEC recently filed a motion in the US District Court for the Southern District of New York, outlining the disgorgement and civil penalties it wants imposed against Terraform Labs and Kwon. The $5.3 billion amount includes $4.7 billio ..read more