DBS Bank Introduces Blockchain-Powered Treasury Token Pilot
The pilot offers DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, improving corporate liquidity management across several markets. DBS Bank, a multinational banking and financial services company, has partnered with digital payment provider Ant International to launch a new blockchain-based treasury and liquidity management solution. On August 13, DBS Bank announced the pilot introduction of DBS […]
Marathon Digital Marks Bitcoin Blocks with ‘Made in USA’ Stamp
Former President Donald Trump says he wants all remaining Bitcoin to be “Made in USA.” U.S.-based Bitcoin mining company Marathon Digital Holdings has announced that it will label all Bitcoin blocks mined in the United States with a “Made in USA” stamp. In a post on X, Marathon stated, “MARA is Team USA, proudly declared […]
Binance Exec Tigran Gambaryan Faces Health Decline, Denied Legal Access
Binance exec Tigran Gambaryan’s family requested the Nigerian government to release him as his health deteriorated while being held without legal access. The family of Tigran Gambaryan, a U.S. citizen and executive at Binance, is urgently appealing to the Nigerian government for his release from detention, citing his rapidly declining health. Gambaryan has been held […]
Cathie Wood Offloads Ethereum Futures ETFs, Bearish Signal For Spot ETFs?
Cathie Wood’s investment firm, Ark Invest, recently sold two Ethereum futures ETFs, including its own ARKZ ETF and ProShares’ EETH. On August 9, Cathie Wood’s Ark Invest made significant moves in the crypto market by selling large portions of its Ethereum futures ETFs. This action might suggest a bearish outlook for Ethereum exchange-traded products (ETPs) and indicates […]
SEC and Ideanomics Settle Over $40M Crypto Revenue Fraud Case
The Ideanomics case underscores the significance of adhering to federal securities laws and the potential consequences of misleading financial practices. The United States Securities and Exchange Commission (SEC) has resolved fraud charges against Ideanomics related to financial reporting and “misleading the public about the company’s performance.” According to the SEC’s official site , an investigation […]