Tether’s $1 Billion Deposit at Stake in London Court Case
Tether, the issuer of the world’s largest stablecoin, has deposited over $1 billion with a subsidiary of Britannia Financial, a global investment bank. The funds are now involved in a legal dispute between Britannia and another firm, Arbitral International, in London’s High Court. Tether’s USDT token is widely used in the crypto market as a […]
Santander Banking Launches Crypto Service for Swiss Clients
Santander Private Banking International, a division of the global bank Banco Santander, has announced a new service that allows its high-net-worth clients in Switzerland to trade and invest in major cryptocurrencies, such as Bitcoin and Ethereum. The service, which is available upon client request, positions Santander as a pioneer in integrating digital assets into traditional […]
Crypto Exchange Bullish Buys News Website CoinDesk
Cryptocurrency exchange Bullish said on Monday it has acquired crypto news website CoinDesk from Barry Silbert’s Digital Currency Group (DCG). Bullish purchases CoinDesk with plans to spend heavily in the company’s international growth and names the former Wall Street Journal chief editor as chair of the editorial committee. Digital Currency Group has sold CoinDesk to […]
Floki, TokenFi Form Partnership with Legendary Cricket Teams
TokenFi and Floki, revealed their new marketing partnership with the Manipal Tigers and the Bhilwara Kings, two well-known cricket teams. The endeavor seeks to present the two tokens to a global audience of more than 700 million cricket fans. Floki will serve as the primary upper-arm and back-of-shirt sponsor for the Manipal Tigers as part […]
Kraken Co-Founder Jesse Powell Slams SEC
Jesse Powell, co-founder of Kraken, has accused the US SEC of violating the cryptocurrency exchange’s regulations and has vowed to retaliate. Angrily, Kraken co-founder Jesse Powell responded to the lawsuit filed against the cryptocurrency exchange Kraken by the U.S. Securities and Exchange Commission (SEC). He accuses Gary Gensler, chairman of the SEC, of being a […]