Monex wants to acquire FTX Japan amid bankruptcy proceedings
FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo. Monex CEO Oki Matsumoto stated that they are interested and that it will be a “really beneficial thing” for them if there is less rivalry in the local market in an […]
Iran, Russia To Issue New Stablecoin Backed By Gold
The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new Stablecoin backed by gold. Iran and Russia are collaborating to develop a “token of the Persian Gulf region” that would be used as a form of payment in international trade, according to the Russian news agency Vedomosti. According […]
Binance, Huobi Recover $2.5M From Harmony Bridge Hackers
Security units at Binance and Huobi have teamed up to freeze and recover 121 Bitcoin from the Harmony bridge hackers. Changpeng Zhao, CEO of Binance, revealed in a tweet that the hackers attempted to use the Huobi exchange to launder their money. Following Binance’s discovery of this, Huobi was informed, and help was provided to […]
Bithumb Ordered to Pay Millions in Damages for Service Outage
Bithumb has been ordered to pay each of the 132 investors damages according to South Korean news agency Yonhap. The crisis surrounding the South Korean bitcoin exchange Bithumb has continued, and this time, local courts have issued a judgement.The South Korean Supreme Court’s decision that the exchange must compensate investors for a 1.5-hour service disruption […]
California cannabis producer adopts blockchain to track its weed
A California-based cannabis nursery has turned to blockchain and smart contracts to verify the authenticity of its medicinal plants. Mendocino Clone Company, a cannabis nursery, was included in a Jan. 13 cooperation announcement from the EMTRI project and tech company Global Compliance Applications. By utilizing the blockchain capabilities of the project, a batch certificate will […]