Tether, the issuer of the eponymous stablecoin, agreed to an $18.5 million penalty to settle New York state charges that it misrepresented its finances. It also agreed to stop doing business in New York.
The National Football League asked the CFTC to delay any approval of ErisX’s proposed binary options contracts “pending a more comprehensive study” of whether the contracts would be used for hedging and whether users of the contract might be breaking federal laws by risking money on football spread betting across state lines.
Jack Dorsey, founder and CEO of not only Twitter but also digital payments company Square, is joining with rapper and entrepreneur Jay-Z to donate 500 bitcoin, supporting Indian and African BTC developers.
One of DeFi platform Yearn’s “vaults” was “exploited” – customer deposits were hacked, losing $11 million. In November, development of DeFi protocols Pickle, Cream, Cover, and Akropolis were merged into Yearn after vaults on those platforms were exploited.
The first ever exchange traded product based on cryptocurrency Polkadot will be listed on SIX, the Swiss stock exchange. Polkadot, now the third-largest cryptocurrency by market capitalization, lets blockchains operate together.
According to industry sources, IBM’s enterprise blockchain efforts have largely failed to catch on with customers, leaving it with just a handful of major Hyperledger-based projects like FoodTrust with Walmart and TradeLens with container shipper Maersk.
Despite the SEC’s pending suit against Ripple, the company’s cryptocurrency XRP rose 56% yesterday after a Telegram group, Buy and Hold XRP, launched on Saturday. The group’s Telegram address is “pumpxrpofficial,” hinting that the group’s true strategy focuses on boosting XRP’s price.
It has been quiet lately in hemp country - which, since the 2018 Farm Act, of course, includes all 50 states. In fact, industrial hemp plantings were reported to the USDA’s Farm Service Agency by farmers in 48 states in 2020 (Alaska and Mississippi didn’t come to the...
Dogecoin’s value rose more than 500% after “Redditors” urged readers of “SatoshiStreetBets” to buy the cryptocurrency after Tesla founder Elon Musk tweeted a parody cover of a fashion magazine, “Dogue,” featuring a whippet.