Ripple Labs To Increase RLUSD Adoption With Partnership
Ripple Labs is seeking to promote businesses in emergent markets with Mercy Corps partnership to increase the adoption of its RLUSD stablecoin. Ripple Labs Inc ., an American blockchain payments firm, is developing a novel adoption pathway for its RLUSD stablecoin, which has yet to be released. The company has recently announced that it has […]
Anthony Pompliano Calls US To Print $250B For BTC Reserve
Anthony Pompliano is advocating for a $250 billion U.S. Bitcoin reserve as a hedge against dollar devaluation, as the Bitcoin price reaches its all-time high of $94K. Anthony Pompliano, a proponent of bitcoin, has proposed that the United States allocate $250 billion to establish a Bitcoin Strategic Reserve. He suggested that this sum be printed […]
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 […]