Russia Proposes New Precious Metals Platform to Reshape BRICS Trade
Russia proposed a platform for trading precious metals and diamonds at the BRICS Summit to counter excessive trade regulations. At the BRICS Summit, Russia pushed for creating a BRICS platform to trade diamonds and valuable metals. Russia did this because it thought there were too many rules for global trade. President Vladimir Putin said that […]
BTC Holder Metaplanet Raises $66M via Stock Acquisition Rights
Metaplanet Inc. raised $66 million through its 11th stock acquisition rights exercise amid a 6.53% monthly rise in its share price. By exercising its 11th stock buying rights, Metaplanet Inc. raised 10 billion yen, which is about $66 million. Shares of the company sold on the stock market have increased by 6.53% in the last […]
Ripple CEO Admits Mistake in Not Engaging Regulators Early
Ripple CEO Brad Garlinghouse acknowledged that Ripple should have engaged with U.S. regulators earlier, leading to legal challenges. Ripple CEO Admits Mistake The CEO of Ripple Labs, Brad Garlinghouse, has admitted that his company should have worked with US regulators sooner. Ripple Labs and the crypto business are playing catch-up after being hit with legal […]
Football Stars Face Legal Action Over $3.2B Pyramid Scheme Promotion
Several European football stars, including Ronaldinho and Vinicius, may face legal action for promoting the pyramid scheme Omegapro, which raised over $3 billion. A group of European football stars could be sued for promoting Omegapro, a pyramid scheme that got more than $3 billion from more than 3 million buyers. Hundreds of users who were […]
Vitalik Buterin Criticizes Michael Saylor’s Pro-Bank Bitcoin Custody Plan
Vitalik Buterin, co-founder of Ethereum, has spoken out against MicroStrategy chairman Michael Saylor’s recent statements in favor of Bitcoin being held by institutions. People in the Bitcoin community are surprised by Michael Saylor’s plan to have “too big to fail” banks and other large financial institutions handle Bitcoin security. Buterin and others said this method […]