The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved in virtual assets, enabling evasion of US sanctions. The enforcement agency claimed that these individuals and entities played a crucial role in...Read More
[PRESS RELEASE – NY, US, March 31st, 2024] The growing fascination with meme coin projects within the Solana blockchain ecosystem is highlighted by the swift increase in market capitalization seen across several projects. With the price of Solana holding strong at around $180 per SOL, the platform showcases its ability to facilitate the rapid rise...Read More
The cryptocurrency market continues to demonstrate its vibrant and ever-evolving nature, with significant movements across major coins and the emergence of new tokens offering unique value propositions. Among these, Bitcoin (BTC) has once again crossed the significant $70,000 threshold, reflecting the market’s resilience and the sustained interest of investors. Meanwhile, Solana (SOL) edges closer to...Read More
Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its...Read More
United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of...Read More
[PRESS RELEASE – Brno, Czech Republic, March 31st, 2024] Maitreja, a trailblazing technology non-profit, is poised to revolutionize social networking and application development with its emphasis on user empowerment, authentic connections, and blockchain technology integration. At the heart of its initiative is Mait.me, a pioneering social network platform, accompanied by a dynamic suite of mobile...Read More
The US and UK authorities have ramped up their crackdown on entities linked to terrorism financing via crypto after the October 7th attacks on Israel. As such, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed fresh sanctions earlier this week on two individuals and...Read More
The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday,...Read More
The Financial Conduct Authority (FCA) in the UK has declared its intention to address meme-based marketing for financial products by releasing guidelines for financial services firms and social media influencers. The FCA’s latest report comes after its announcement last month that it will take action against firms engaged in illegal financial promotions. FCA Releases Guidelines...Read More
Shiba Inu, a popular cryptocurrency, is poised for a substantial rally, according to leading market analyst Xanrox. Amidst its recent recovery from losses, crypto analyst Xanrox predicts SHIB could reach a new all-time high (ATH) by July, anticipating further parabolic price surges. Is a 300% surge incoming? Let’s find out. Shiba Inu’s Resilience Amidst Market...Read More
