Paxos Buys Membrane Finance To Expand EU stablecoin
Membrane Finance, the Finnish Electronic Money Institution, has been acquired by Paxos, a blockchain infrastructure platform. The blockchain platform will become a wholly licensed EMI in Finland and the EU due to the acquisition of Membrane Finance, which holds a Finnish Financial Supervisory Authority license. Thirty European nations acknowledge that license. In a statement, Walter […]
Heather Morgan Sentenced To 18 Months Jail For Bitfinex Hack
Amid crypto security challenges, Heather Morgan was sentenced to 18 months for laundering $4B in stolen Bitcoin from the 2016 Bitfinex hack. Heather Morgan, also known by her rap alias “Razzlekhan,” was sentenced to 18 months in prison by a federal court in Washington, D.C., for her involvement in laundering funds associated with the 2016 […]
MicroStrategy To Raise $1.75B Through PO To Buy More BTC
MicroStrategy intends to issue $1.75 billion in Convertible Senior Notes through Private offering to maintain its Bitcoin acquisition strategy. MicroStrategy Inc ., an American software and business intelligence company, has disclosed its intention to offer its Convertible Senior Notes to the public for a maximum of $1.75 billion. Subject to market conditions, the organization intends […]
Bitcoin Price Shoots $90K As Analysts Predict Cycle Peak
Analysts anticipate that Bitcoin will reach its zenith in 200 days, despite volatility, as Bitcoin price surpasses $90K amid record trading. Following consistent growth, the Bitcoin price momentarily traded above $90,000, marking a new milestone. This rally has been a record-breaking period for the cryptocurrency, partially due to renewed optimism within the crypto community. According […]
Vitalik Buterin Shares Plans To Boost Ethereum Network
At Devcon 2024, Vitalik Buterin focused on the future of Ethereum, emphasizing the inclusivity of the PoS model, Layer 2 scalability, and decentralization. Ethereum co-founder Vitalik Buterin presented his vision for the platform’s future and advancements at Devcon 2024 in Bangkok. His focus was on inclusivity, scalability, and decentralization. Buterin characterized Ethereum as the “world […]