Dubai Court Approves Crypto for Salary Payments
A Dubai Court has validated cryptocurrency as a legal method for salary payments, marking a significant shift in the use of digital assets in everyday transactions. A Dubai Court ruling has recognised cryptocurrency as a legal method of salary payment, a decision that has the potential to significantly impact the global workforce and financial systems. […]
Tether to Launch USDT on Aptos
Tether is launching USDT on the Aptos blockchain, strengthening Aptos by bridging crypto assets with fiat. On Tuesday, Aptos (APT) disclosed that Tether is introducing its USDT stablecoin on the Aptos blockchain. This action is advantageous for Aptos, as stablecoins like USDT serve as intermediaries between crypto assets and fiat currencies. Additionally, the price action […]
Mango Markets DAO Considers SEC Settlement
Mango Markets DAO is considering a settlement with the SEC over alleged U.S. securities law violations. The proposal includes paying fines, destroying MNGO tokens, and delisting from trading platforms. Mango Markets is contemplating the submission of a settlement offer to the United States Securities and Exchange Commission (SEC) in response to allegations that it violated […]
Raoul Pal Warns US Could Manipulate Bitcoin by Stockpiling 4 Million BTC
Raoul Pal, a former executive at Goldman Sachs, does not believe that the US government’s accumulation of millions of Bitcoin (BTC) is entirely beneficial for the crypto monarch. Robert F. Kennedy Jr., an independent presidential candidate, declared at the recent Bitcoin2024 Conference that his administration would accumulate four million Bitcoin as a strategic reserve asset […]
Vitalik Buterin Transfers 400 ETH to Crypto Mixer Railgun
Ethereum co-founder Vitalik Buterin transferred 400 ETH (~$1.05 million) to the crypto mixer Railgun, sparking curiosity in the industry as ETH trades near $2,600. In the most recent development, Vitalik Buterin, the co-founder of Ethereum, transmitted a substantial 400 ETH, which is valued at $1.05 million, to the crypto mixer Railgun. The crypto industry is […]