Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

November 3, 2024 The Daily Hodl

Africa

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]

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Russia Cautious on Tokenizing Real-World Assets

Whale Trader Looking for $80,000,000 Gains on Polymarket Says He Has No Political Agenda: Report

November 3, 2024 The Daily Hodl

Whale Trader Looking for ,000,000 Gains on Polymarket Says He Has No Political Agenda: Report

Betting

A deep-pocketed investor who is looking to make tens of millions of dollars from crypto betting platform Polymarket reportedly says that he has no political motivation behind putting his money on Donald Trump to win the upcoming US election. According to a new report by The Wall Street Journal (WSJ), a French national calling himself […]

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Russia Cautious on Tokenizing Real-World Assets

$19,800,000 To Be Handed To Apple Customers in Settlement With US Regulator and Trillion-Dollar Bank

November 2, 2024 The Daily Hodl

Apple

A US regulator has announced a settlement with Goldman Sachs and Apple that will send nearly $20 million to Apple customers. The Consumer Financial Protection Bureau (CFPB) says Goldman Sachs and Apple “illegally mishandled transaction disputes” from Apple Card users – accusing Apple of failing to forward a significant number of reported issues to the […]

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Russia Cautious on Tokenizing Real-World Assets

Crypto Giant 21Shares Submits Registration Statement for XRP Exchange-Traded Fund

November 2, 2024 The Daily Hodl

Daily Hodl

The crypto exchange-traded fund (ETF) provider 21Shares is now trying to launch an XRP-focused ETF in the United States. The firm filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday. The proposed product, called “the 21Shares Core XRP Trust,” is a passive investment vehicle that tracks the price of […]

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Russia Cautious on Tokenizing Real-World Assets

U.S. Justice Department Indicts Russian National Over Alleged Crypto Market Manipulation and Fraud

November 2, 2024 The Daily Hodl

Binance

The U.S. Department of Justice (DOJ) is charging the founder and CEO of crypto firm Gotbit with wire fraud and conspiracy to commit market manipulation and wire fraud. In a new press release, the U.S. Attorney’s Office of the District of Massachusetts is alleging that 26-year-old Russian national Aleksei Andriunin and two Gotbit directors offered […]

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Russia Cautious on Tokenizing Real-World Assets

Florida Owns $800,000,000 in Crypto Investments and Wants To Accumulate More, Says State CFO

November 1, 2024 The Daily Hodl

crypto

The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state’s chief financial officer (CFO). Patronis says in a new interview with CNBC that he “would not be shocked” to see that number grow if former President Donald Trump wins the presidential election […]

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Russia Cautious on Tokenizing Real-World Assets

JPMorgan Chase Paying $100,000,000 To Customers As Bank Settles Wave of Allegations From U.S. Securities and Exchange Commission

November 1, 2024 The Daily Hodl

bank

JPMorgan Chase is handing $100 million to customers after settling a wave of allegations from the U.S. Securities and Exchange Commission. The bank is settling five separate cases with the agency and will pay an additional $51 million to regulators, for a total of $151 million. The alleged violations include misleading disclosures, breaches of fiduciary […]

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Russia Cautious on Tokenizing Real-World Assets

Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying Off 20% of Staff

October 31, 2024 The Daily Hodl

ConsenSys

The CEO of blockchain software firm Consensys says the company is terminating 20% of its workers as the crypto industry faces a more cautious macroeconomic environment and regulatory uncertainty. In a statement, Joe Lubin says that aside from rising interest rates, inflationary pressures and tightening liquidity, the lack of clear regulatory framework has also made […]

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Russia Cautious on Tokenizing Real-World Assets

BlackRock’s iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at $875,000,000: Report

October 31, 2024 The Daily Hodl

Bitcoin

Asset management giant BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock’s $31 billion Bitcoin (BTC) ETF earlier this week as we approach November’s highly anticipated presidential election. In a recent interview with […]

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Russia Cautious on Tokenizing Real-World Assets

Joe Biden Thanks Nigerian President for Releasing Binance Executive Tigran Gambaryan From Prison

October 31, 2024 The Daily Hodl

Binance

US President Joe Biden has expressed his appreciation to Nigerian President Bola Tinubu for securing the release of Binance’s compliance officer Tigran Gambaryan from prison. Gambaryan, a former agent of the US Internal Revenue Service (IRS), was visiting Nigeria to address regulatory concerns about Binance when local authorities arrested and jailed him on charges of […]

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Regulators