🧬 Circle Enables USDC Interoperability for Developers with the Launch of Cross-Chain Transfer Protocol.
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⚖️ Kim Kardashian Settles With SEC, Pays $1.26M for Unlawfully Promoting EthereumMax
The SEC announced on October 3 reaching an agreement with Kardashian, in which she will pay $1.26 million in penalties, disgorgement, and interest for failing to disclose the payment she received for promoting the token.
The TV personality will also cooperate with the agency as the investigation continues. According to the Commission, Kardashian received $250,000 to promote the EMAX tokens on her Instagram page, which, as of today, has more than 330 million followers.
@DeCenterOrg
The SEC announced on October 3 reaching an agreement with Kardashian, in which she will pay $1.26 million in penalties, disgorgement, and interest for failing to disclose the payment she received for promoting the token.
The TV personality will also cooperate with the agency as the investigation continues. According to the Commission, Kardashian received $250,000 to promote the EMAX tokens on her Instagram page, which, as of today, has more than 330 million followers.
@DeCenterOrg
🏦 Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member.
As announced on Oct. 4 on Bridgewater’s corporate website, the firm and Dalio completed the necessary and required legal, regulatory and investor requirements to finish the transition procedure. From now on, the fund will be led by co-CEOs Nir Bar Dea and Mark Bertolini, and a pair of co-chief investment officers: Greg Jensen and Bob Prince.
@DeCenterOrg
After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member.
As announced on Oct. 4 on Bridgewater’s corporate website, the firm and Dalio completed the necessary and required legal, regulatory and investor requirements to finish the transition procedure. From now on, the fund will be led by co-CEOs Nir Bar Dea and Mark Bertolini, and a pair of co-chief investment officers: Greg Jensen and Bob Prince.
@DeCenterOrg
GTN Token is now listed on LBANK exchange!
Started on 29.09.2022 at 10:00 UTC, Trading pair: GTN/USDT
You can buy GTN Token now on: LBank Exchange
Relictum Pro is an advanced public and private blockchain platform, where every device is a node able to conduct instant and cheap transactions.
Relictum Pro is the first global blockchain service that provides the opportunity to optimally use modern equipment with a great deal of future.
Your node can work easy on your MacBook or Windows laptop and any mobile devices anytime and anywhere.
Explore a new world of decentralized opportunities. Trade on dex, communicate in a secret chat, store files, manage your finances and node.
Relictum - Touch the future.
GTN official telegram channels:
https://news.1rj.ru/str/Relictum_Pro_Official
official telegram groups:
https://news.1rj.ru/str/relictum_pro_chat
https://news.1rj.ru/str/RelictumEcosystem_turk
https://news.1rj.ru/str/RelictumEcosystem_bangladesh
Twitter
Facebook
Instagram
Reddit
Medium
YouTube
github
Started on 29.09.2022 at 10:00 UTC, Trading pair: GTN/USDT
You can buy GTN Token now on: LBank Exchange
Relictum Pro is an advanced public and private blockchain platform, where every device is a node able to conduct instant and cheap transactions.
Relictum Pro is the first global blockchain service that provides the opportunity to optimally use modern equipment with a great deal of future.
Your node can work easy on your MacBook or Windows laptop and any mobile devices anytime and anywhere.
Explore a new world of decentralized opportunities. Trade on dex, communicate in a secret chat, store files, manage your finances and node.
Relictum - Touch the future.
GTN official telegram channels:
https://news.1rj.ru/str/Relictum_Pro_Official
official telegram groups:
https://news.1rj.ru/str/relictum_pro_chat
https://news.1rj.ru/str/RelictumEcosystem_turk
https://news.1rj.ru/str/RelictumEcosystem_bangladesh
Medium
YouTube
github
❄️ Korean Authorities Freeze $39 Million of Crypto Tied to Do Kwon
According to the South Korean media outlet News1, prosecutors have managed to freeze 56.2 billion won in virtual assets owned by Do Kwon – CEO of Terraform Labs.
This comes as the latest development on the matter. Earlier in September, reports claimed that authorities had frozen over $65 million in BTC supposedly owned by the developer or any of his projects.
It’s also worth noting that the South Korean authorities also requested a red notice on behalf of Interpol.
@DeCenterOrg
According to the South Korean media outlet News1, prosecutors have managed to freeze 56.2 billion won in virtual assets owned by Do Kwon – CEO of Terraform Labs.
This comes as the latest development on the matter. Earlier in September, reports claimed that authorities had frozen over $65 million in BTC supposedly owned by the developer or any of his projects.
It’s also worth noting that the South Korean authorities also requested a red notice on behalf of Interpol.
@DeCenterOrg
🕵️♂️ BNB Chain suspends network following $100M cross-chain bridge exploit
BNB Chain, the blockchain of crypto exchange Binance, was paused on Oct. 6 due to an exploit on its cross-chain bridge with attackers making off with an estimated $100 million worth of cryptocurrency.
The official Twitter account of the BNB Chain first announced the temporary pause due to “irregular activity” on the blockchain, but soon after added that it was due to a possible exploit. Binance provided an update that the blockchain was “under maintenance” suspending all deposits and withdrawals.
A later update by a BNB Chain developer on Reddit confirmed the exploit had taken place, stating that the initial estimates for the value of the exploit are between $100 million and $110 million, with roughly $7 million frozen.
@DeCenterOrg
BNB Chain, the blockchain of crypto exchange Binance, was paused on Oct. 6 due to an exploit on its cross-chain bridge with attackers making off with an estimated $100 million worth of cryptocurrency.
The official Twitter account of the BNB Chain first announced the temporary pause due to “irregular activity” on the blockchain, but soon after added that it was due to a possible exploit. Binance provided an update that the blockchain was “under maintenance” suspending all deposits and withdrawals.
A later update by a BNB Chain developer on Reddit confirmed the exploit had taken place, stating that the initial estimates for the value of the exploit are between $100 million and $110 million, with roughly $7 million frozen.
@DeCenterOrg
🤡 New PayPal Policy Lets Company Pull $2 500 From Users’ Accounts If They Promote «Misinformation».
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🔥 Google said Tuesday that it will rely on Coinbase
to start letting some customers pay for cloud services with cryptocurrencies early in 2023, while Coinbase said it would draw on Google’s cloud infrastructure.
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to start letting some customers pay for cloud services with cryptocurrencies early in 2023, while Coinbase said it would draw on Google’s cloud infrastructure.
@DeCenterOrg
🏦 BNY Mellon Launches New Digital Asset Custody Platform
BNY Mellon today announced that its Digital Asset Custody platform is live in the U.S. With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon's commitment to support client demand for a trusted provider of both traditional and digital asset servicing.
As America's oldest bank, BNY Mellon has a 238-year legacy of trust, resilience, and innovation. In this spirit, BNY Mellon formed an enterprise Digital Assets Unit in 2021 to develop solutions for digital asset technology, with plans to launch the industry's first multi-asset platform that bridges digital and traditional asset custody.
@DeCenterOrg
BNY Mellon today announced that its Digital Asset Custody platform is live in the U.S. With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon's commitment to support client demand for a trusted provider of both traditional and digital asset servicing.
As America's oldest bank, BNY Mellon has a 238-year legacy of trust, resilience, and innovation. In this spirit, BNY Mellon formed an enterprise Digital Assets Unit in 2021 to develop solutions for digital asset technology, with plans to launch the industry's first multi-asset platform that bridges digital and traditional asset custody.
@DeCenterOrg
⚖️ Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc (TWTR.N).
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@DeCenterOrg
🇰🇷 South Korea to Implement Blockchain-Based Digital IDs in 2024
South Korean government is reportedly planning to introduce blockchain-based digital identification (ID) to boost the country’s economic growth.
The report notes that the new technology is set to see daylight in 2024, with more than 45 million citizens expected to adopt the technology within two years.
It is reported that for the tech-savvy nation, this technology would help tremendously, as increasingly more people are working from home and doing cashless transactions. By having digital IDs, citizens would save time transferring money, voting, or filling out documents for government benefits.
@DeCenterOrg
South Korean government is reportedly planning to introduce blockchain-based digital identification (ID) to boost the country’s economic growth.
The report notes that the new technology is set to see daylight in 2024, with more than 45 million citizens expected to adopt the technology within two years.
It is reported that for the tech-savvy nation, this technology would help tremendously, as increasingly more people are working from home and doing cashless transactions. By having digital IDs, citizens would save time transferring money, voting, or filling out documents for government benefits.
@DeCenterOrg
🇪🇺 EU Commission warns crypto mining may be halted in energy emergency
The European Commission announced that the European Union’s member states must prepare to halt crypto mining “in case there is a need for load shedding in the electricity systems”, according to an action plan on digitalizing the EU's energy system released on Tuesday.
In the longer term, the commission also wants EU members to look into ending current tax breaks and subsidies for proof-of-work miners.
The European Commission also announced its proposal to introduce a rating system for cryptocurrencies according to environmental impact within the European Union.
@DeCenterOrg
The European Commission announced that the European Union’s member states must prepare to halt crypto mining “in case there is a need for load shedding in the electricity systems”, according to an action plan on digitalizing the EU's energy system released on Tuesday.
In the longer term, the commission also wants EU members to look into ending current tax breaks and subsidies for proof-of-work miners.
The European Commission also announced its proposal to introduce a rating system for cryptocurrencies according to environmental impact within the European Union.
@DeCenterOrg
🏛 Fidelity’s Crypto Platform to Add Ether Trading for Institutional Clients
Institutional clients of Fidelity Digital Assets will be able to trade ether (ETH) beginning Oct. 28, according to a memo sent out by the investment firm.
The move is the latest step towards making crypto available to institutional clients by Fidelity, the parent company of Fidelity Digital Assets. Earlier this month, the giant asset management firm said it started a new Ethereum Index Fund for accredited investors, after raising about $5 million since sales started on Sept. 26.
Fidelity launched its crypto-focused institutional custody and trading platform Fidelity Digital Assets in 2018. The firm currently offers two exchange-traded crypto funds dedicated to the metaverse and digital payments, respectively.
@DeCenterOrg
Institutional clients of Fidelity Digital Assets will be able to trade ether (ETH) beginning Oct. 28, according to a memo sent out by the investment firm.
The move is the latest step towards making crypto available to institutional clients by Fidelity, the parent company of Fidelity Digital Assets. Earlier this month, the giant asset management firm said it started a new Ethereum Index Fund for accredited investors, after raising about $5 million since sales started on Sept. 26.
Fidelity launched its crypto-focused institutional custody and trading platform Fidelity Digital Assets in 2018. The firm currently offers two exchange-traded crypto funds dedicated to the metaverse and digital payments, respectively.
@DeCenterOrg
🇹🇷 Turkish authorities seize $40 million crypto in illegal betting
The Ankara Chief Public Prosecutor's Office issued a detention order for 46 suspects in an illegal betting investigation carried out in eight provinces yesterday. Some 46 suspects were detained in a simultaneous operation in Ankara, Batman, Bingöl, Kayseri, Kırıkkale, Muş, Van and Yozgat, and $40 million of cryptocurrency was confiscated.
It was determined that the suspects mediated the transfer of money obtained from illegal betting, and sent the money collected in their accounts to the cryptocurrency asset accounts of the criminal organization, including Halil Falyalı, his wife and the casino manager. The statement noted that Halil Falyalı was a Turkish Cypriot tycoon and was at the center of allegations regarding his leading role in the illegal betting businesses that he ran on the island, along with money laundering claims. On Feb. 8, 2022, he was shot dead in an assault in the Turkish Republic of Northern Cyprus' (TRNC) city of Girne (Kyrenia), near his home.
A net amount of TL 2.5 billion worth of cryptocurrency was transferred to the cryptocurrency accounts of a group of 11 people, including Falyalı and his wife, sending TL 118,000 with 148 transactions.
@DeCenterOrg
The Ankara Chief Public Prosecutor's Office issued a detention order for 46 suspects in an illegal betting investigation carried out in eight provinces yesterday. Some 46 suspects were detained in a simultaneous operation in Ankara, Batman, Bingöl, Kayseri, Kırıkkale, Muş, Van and Yozgat, and $40 million of cryptocurrency was confiscated.
It was determined that the suspects mediated the transfer of money obtained from illegal betting, and sent the money collected in their accounts to the cryptocurrency asset accounts of the criminal organization, including Halil Falyalı, his wife and the casino manager. The statement noted that Halil Falyalı was a Turkish Cypriot tycoon and was at the center of allegations regarding his leading role in the illegal betting businesses that he ran on the island, along with money laundering claims. On Feb. 8, 2022, he was shot dead in an assault in the Turkish Republic of Northern Cyprus' (TRNC) city of Girne (Kyrenia), near his home.
A net amount of TL 2.5 billion worth of cryptocurrency was transferred to the cryptocurrency accounts of a group of 11 people, including Falyalı and his wife, sending TL 118,000 with 148 transactions.
@DeCenterOrg
🇮🇳 Web3 to inject $1.1T in India’s GDP by 2032, following 37x growth since 2020
The US-India Strategic Partnership Forum (USISPF) estimated that “Web3 can add $1.1 trillion of new economic value to the Indian GDP in the next 10 years.”
Moreover, the study highlighted that investments in Indian Web3 startups mimicked crypto adoption by racking up a 37x growth over the last two years. The explosive Web3 growth in the country is further supported by an increasing talent pool, which makes India’s demand-supply gap the lowest when compared to the United States, China and the United Kingdom.
In addition, India ranks first when it comes to reskilling in newer technologies, which is considered paramount in emerging technologies such as Web3 and blockchain.
@DeCenterOrg
The US-India Strategic Partnership Forum (USISPF) estimated that “Web3 can add $1.1 trillion of new economic value to the Indian GDP in the next 10 years.”
Moreover, the study highlighted that investments in Indian Web3 startups mimicked crypto adoption by racking up a 37x growth over the last two years. The explosive Web3 growth in the country is further supported by an increasing talent pool, which makes India’s demand-supply gap the lowest when compared to the United States, China and the United Kingdom.
In addition, India ranks first when it comes to reskilling in newer technologies, which is considered paramount in emerging technologies such as Web3 and blockchain.
@DeCenterOrg
🇦🇪 UAE attracts blockchain firms in Asia, Europe with financing and residency
The United Arab Emirates (UAE) is pulling all strings in its attempt to entice technology firms from Asia and Europe with an array of exciting offers. Part of the Gulf nation’s tools in its arsenal includes speedy business licensing and giving employees attractive residency options.
A total of 300 firms are currently on the radar of the UAE administrators, with Thani Al Zeyoudi, Minister of State for Foreign Trade, noting that nearly 40 companies were in the advanced stages of a possible relocation. Al Zeyoudi told reporters that the government is currently eyeing a timeline of 24 months, with 2024 chosen as a tentative date to achieve its aims.
@DeCenterOrg
The United Arab Emirates (UAE) is pulling all strings in its attempt to entice technology firms from Asia and Europe with an array of exciting offers. Part of the Gulf nation’s tools in its arsenal includes speedy business licensing and giving employees attractive residency options.
A total of 300 firms are currently on the radar of the UAE administrators, with Thani Al Zeyoudi, Minister of State for Foreign Trade, noting that nearly 40 companies were in the advanced stages of a possible relocation. Al Zeyoudi told reporters that the government is currently eyeing a timeline of 24 months, with 2024 chosen as a tentative date to achieve its aims.
@DeCenterOrg
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🔥 Recent trademark filings could imply that Western Union wants to launch its own virtual currency exchange and cryptocurrency token.
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🇨🇷 Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody and wallet services for their customers.
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