SonicX Onboards Over 100k TikTok Users to Web3
Sonic SVM, a blockchain firm focusing on gaming, has launched a new Web3 game on TikTok. By integrating a wallet straight into TikTok, the game SonicX streamlines the Web3 enrollment process and lets players discover blockchain without the typical complications. In the straightforward “clicker” game SonicX, users tap the screen to gather digital rings kept […]
SEC Sues Cumberland DRW for Unregistered Securities Dealer
Cumberland DRW LLC is facing allegations from the U.S. Securities and Exchange Commission for engaging in unregistered dealer activities. According to the SEC, Cumberland, a market maker for cryptocurrencies in Chicago, purchased and sold over $2 billion worth of cryptocurrency assets—including those classified as securities—without first registering as required by federal securities laws. According to […]
Littio Enables Access to U.S Treasury Bills
Colombian Neobank Littio has teamed up with OpenTrade to provide local clients with interest-bearing USD accounts on the Avalanche blockchain. A press release states that Littio is concentrating on solving the problems of currency devaluation that Latin Americans encounter. Littio can provide savings choices with returns secured by US Treasury Bills by utilizing OpenTrade’s yield […]
Gate.io Invests $10m in TON to Boost Telegram Projects
The Open Network blockchain has seen a strategic investment from Gate.io, to collaborate to support initiatives built on Telegram. Gate.io Invests $10m in TON to Boost Telegram Projects On October 9th, Gate.io disclosed the TON blockchain’s $10 million strategic investment. The announcement came as the price of Toncoin, one of the cryptocurrencies, was having difficulty rising. […]
Crypto Giants Team up to Launch Real-Pegged Stablecoin
Foxbit, Bitso, and Mercado Bitcoin, Brazil’s leading cryptocurrency exchanges, launched BRL1, the first Brazilian Real stablecoin. On October 8, Mercado Bitcoin, Foxbit, and Bitso will introduce a stablecoin tethered to the Brazilian Real, called BRL1, according to Brazilian media site Valor. Ethereum and Polygon will host the Brazil stablecoin, which is scheduled for release later […]