Binance Labs Invests in Bitcoin Yield Network Corn
Binance Labs announced today that it has made a major investment in Corn, a network focused on generating Bitcoin yield. Binance Labs, Binance’s venture capital and incubation arm, has once again made headlines with its investment in the Bitcoin yield-generating network Corn. The crypto exchange officially announced the investment today, although the specific amount invested […]
China Tightens Crypto Money Laundering Laws
China tightens money laundering laws, targeting virtual assets and establishing new prosecution requirements starting August 20, 2024. China’s Supreme People’s Court and Supreme People’s Procuratorate have introduced new measures aimed at strengthening anti-money laundering laws. Effective August 20, 2024, these legal interpretations establish stricter conditions for prosecuting money laundering offences. China’s Focus on Virtual Assets […]
Italy’s Hype Launches Bitcoin Trading Service
Hype, previously owned by the Italian bank Banca Sella, now provides Bitcoin trading services to its customers, marking a major step forward in crypto adoption. In a recent development, Hype, formerly owned by one of Italy’s oldest banks, Banco Sella, has begun offering Bitcoin trading services to its customers. This move has sparked discussions in the market, […]
Bitwise To Acquire ETC Group To Broaden ETF Presence
The ETF market is becoming a significant hotbed for crypto-focused organizations like Bitwise as it designs the buyup of ETC Group. Bitwise, an investment asset management firm, is advancing its ETF journey with a new acquisition. The firm recently announced its plan to acquire London-based digital-assets issuer ETC Group, although the terms of the deal remain […]
Tether To Launch USDT on Aptos, APT Price Rises 3%
Tether announced plans to deploy the USDT stablecoin on the Aptos network. The APT price rose 3% to a high of $6. Tether, the issuer of the stablecoin USDT, announced on Monday its plans to introduce the U.S. dollar-pegged USDT on the Aptos Network. This move leverages Aptos’ cutting-edge blockchain technology, noted for its speed […]