UBS: European Real Estate Markets Enter New Cycle

September 8, 2024 Bitcoin.com

bitcoin.com

UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in […]

Tether invests 0M in agriculture firm as stablecoin competition grows

Tether invests $100M in agriculture firm as stablecoin competition grows

Binance Kazakhstan Receives Formal Consent for Regulatory License

September 7, 2024 Bitcoin.com

AIFC

Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct […]

Tether invests $100M in agriculture firm as stablecoin competition grows

Celebrities boost crypto projects but don’t guarantee legitimacy

September 6, 2024 Coin Telegraph

In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals.

Celebrity backing can make a big difference in the success of a crypto project, but that doesn’t mean the endorsement of a famous person makes it trustworthy.

According to a 2023 research paper by two former United States Securities and Exchange Commission economists, Joshua White and Sean Wilkoff, there is a link between a celebrity endorsement of a crypto project and the likelihood of its dubiousness.

During their research, White and Wilkoff found that in 2019, 26% of the initial coin offerings (ICO) they examined were likely scams. That number increased to nearly 40% by 2023.

Tether invests $100M in agriculture firm as stablecoin competition grows

US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme

September 5, 2024 Bitcoin.com

US Court Imposes 9 Million Penalty in Crypto Ponzi Scheme

bitcoin.com

The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil penalty. The Commodity Futures Trading Commission (CFTC) has recovered […]

Tether invests $100M in agriculture firm as stablecoin competition grows

Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange

August 30, 2024 Bitcoin.com

bitcoin.com

The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that transitioned to communication over Whatsapp. The regulator has flagged this as a potential […]

Tether invests $100M in agriculture firm as stablecoin competition grows

Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform

August 28, 2024 Bitcoin.com

BiB

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]

Tether invests $100M in agriculture firm as stablecoin competition grows

Fetch.ai launches Innovation Lab with $10M fund for startups

August 23, 2024 Coin Telegraph

Fetch.ai launches Innovation Lab with M fund for startups

Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.

Decentralized machine learning platform Fetch.ai is launching a hub in San Francisco, California to advance artificial intelligence technology.

The new hub, Innovation Lab, will onboard early-stage startups working on AI agent solutions — software that uses artificial intelligence to perform specific tasks or make decisions for users or other systems.

According to Fetch.ai, it will allocate $10 million in annual funding for projects using the platform to build AI agents. Funding will be milestone-based, with a $1 million cap per project. The autonomous AI agents market is expected to reach $88.1 billion by 2032.

Tether invests $100M in agriculture firm as stablecoin competition grows

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network

August 22, 2024 Bitcoin.com

Avalanche

Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $1.6 trillion in assets under management, has integrated […]

Tether invests $100M in agriculture firm as stablecoin competition grows

Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager

August 21, 2024 Bitcoin.com

Asset Management

Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves. World’s Largest Fund Manager Just Surpassed Grayscale in […]

Tether invests $100M in agriculture firm as stablecoin competition grows

What are they worth today? NFTs that sold for millions

August 21, 2024 Coin Telegraph

Art

Investors who purchased NFTs just a few years ago may have reason to regret their decision.

Non-fungible tokens (NFTs) aren’t what they used to be.

At the peak of the NFT hype cycle, it appeared the whole world might be captured by digital artwork mania.

NFT collections such as CryptoPunks and Bored Apes captured the cultural zeitgeist, gaining traction through 2021 into 2022. Celebrities including Justin Bieber, LeBron James, Tony Hawk and Madonna acquired artworks, generating a string of headlines in mainstream media outlets.

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