Recent News

Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App

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Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according to a press release sent to Bitcoin Magazine. This collaboration between Square and Cash App empowers eligible Square sellers in the U.S. to allocate between 1-10% of their daily sales from their Square seller account to be automatically transferred to their personal Cash App account. The funds will then be used to…

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US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

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Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security and financial systems. CZ’s Legal Woes Deepen With Proposed Three-Year Prison Term Changpeng Zhao, referred to as “CZ” and the brain […]

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Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

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The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being scammed or involved in money laundering. Enhancing Efficiency in Law Enforcement […]

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Hong Kong Bitcoin ETFs to Trade on 30th April: HashKey Capital

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Hong Kong’s Securities and Futures Commission recently approved Bitcoin Spot ETFs for several major asset managers, paving the way for the city to become a leading hub for such products.  The approval comes after months of anticipation and marks a significant milestone for the Bitcoin industry in Asia. JUST IN: 🇭🇰 Hong Kong spot #Bitcoin ETFs will begin trading on April 30: HashKey Capital Asia is ready 🚀 pic.twitter.com/TDfNZTqPQU — Bitcoin Magazine (@BitcoinMagazine) April 24, 2024 HashKey Capital, a local asset management firm, confirmed that its Bitcoin ETF will start trading…

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Memereum Presale: New Wave of Crypto Opportunities Offering Investors Access to DeFi Innovation

SmartWealth

PRESS RELEASE. Monaco, April 24, 2024 – Memereum, a promising project on the BNB Smart Chain, is delighted to announce the launch of its presale. It invites investors to join the movement towards financial empowerment and innovation. With a suite of special financial products and services, Memereum is going to participate in the future advancement […]

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South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers

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South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading media reports. FSCA Continues to Receive License Applications The Financial Sector Conduct […]

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HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement

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A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours. However, Blackrock had no direct involvement in the tokenization process, as clarified […]

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