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Blockchain

Tether invests in El Salvador’s $1B renewable energy project

Tether invests in El Salvador’s $1B renewable energy project

[ad_1] Stablecoin issuer Tether has announced that it will be partnering with Bitcoin-friendly nation El Salvador to invest in a planned $1 billion dollar renewable energy initiative. The Central American country continues efforts to drive Bitcoin (BTC) adoption after becoming the first nation to make BTC legal tender some three years ago. The latest is a […]

Musk's alleged price manipulation, the Satoshi AI chatbot and more

Musk’s alleged price manipulation, the Satoshi AI chatbot and more

[ad_1] Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur Elon Musk, alleging he is responsible for insider trading of DOGE and asserting the token is a security under U.S. Securities and […]

Evertas expands crypto insurance offerings to include mining and raises limits

Evertas expands crypto insurance offerings to include mining and raises limits

[ad_1] Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio. The insurer’s per-policy coverage limits on custodial crypto assets will increase to $420 million, “nearly tripling the amount of risk transfer previously available to blockchain focused projects,” according to an […]

Asia Express – Cointelegraph Magazine

Asia Express – Cointelegraph Magazine

[ad_1] RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar stablecoin issuer CNHC had allegedly lost contact or had been taken away by law enforcement officials. A photo shows what appears to be an empty office building at CNHC’s […]

Gate.io denies liquidity problems after Multichain CEO goes missing

Gate.io denies liquidity problems after Multichain CEO goes missing

[ad_1] Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router protocol Multichain (MULTI). The […]

Nansen lays off 30% of its workforce

Nansen lays off 30% of its workforce

[ad_1] Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to reduce the size of the Nansen team.”  Full statement: pic.twitter.com/cxSTtZBiZU — Alex Svanevik (@ASvanevik) May 30, 2023 Svanevik gave two major […]

FTX 2.0 coming up, Multichain FUD, Worldcoin raises six figures

FTX 2.0 coming up, Multichain FUD, Worldcoin raises six figures

[ad_1] Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain protocol have been delayed over multiple bridges in the past few days, with little information from Multichain’s team […]