Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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bitcoin news
- NoteworthyA designer of physical cryptonotes has announced the sale of its 5 millibit (mBTC) note, a small-denomination, completely alternative bitcoin banknote. according According to a press release, this new bill equals B T c 0.005, and it “makes buying crypto through the cash format more familiar to people of all ages and backgrounds.” He noted that all notable cryptonotes are printed with a QR code.
legal news
- US hedge fund Fir Tree Capital Management Lawsuit filed against digital asset manager grayscale investment On “Possible Mismanagement and Conflict of Interest” Grayscale Bitcoin Trust (GBTC), according to Bloomberg. Firtree, which manages $3 billion, claimed that approximately 850,000 retail investors were “harmed by the shareholder-unfriendly actions of Greyscale.”
investment news
- crypto infrastructure firm blockstream Bloomberg is looking to raise funds at a valuation of $1 billion (down from $3.2 billion in 2021) informed ofCiting sources, however, Blockstream CEO Adam Back said that the company has already raised funds, Writing: “We have already raised, the tension is wrong. There’s a big difference between potentially “attempting to raise” and “being raised”.
- INX Digital CompanyA broker-dealer and inter-dealer broker, has announced plans to fully integrate avalanche with blockchain inx.oneA regulated, end-to-end platform for both listing and trading US Securities and Exchange Commission (SEC)-registered security tokens and cryptocurrencies. Avalanche integration is planned to be completed this quarter, Told Press release.
cbdc news
- Central Bank of Nigeria (CBN) implemented new limits on over-the-counter withdrawals at ₹100,000 ($225) per week for individuals and ₹500,000 ($1,123) for businesses, in line with “CBN’s cashless policy”. according For a letter to banks and other financial institutions. Instead, people are urged to use the central bank’s digital currency (cbdc), E Naira. The letter states that customers should be “encouraged to use alternate channels (Internet Banking, Mobile Banking App, USSD Card/POS, eNara, etc.) to carry out their banking transactions.”
exchange news
- binance.us announced that it has now expanded its zero fee pricing model to include Ethereum (ETH), effective immediately. Free trading is available to all new and existing users on four spot market pairs: ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD. Additionally, Binance.US is eliminating execution fees on all ETH transactions conducted through its crypto buy and sell products, it said.
- bitfinex Told that it became the first exchange to enable its customers to deposit and withdraw Tether (USDT) Offshore pegged to the Chinese Yuan (CNHt) trona blockchain developed by Tron Foundation, TRON is the second blockchain on which CNHt is available besides Ethereum, it said, adding that CNHt is supported by e-commerce platforms and payment gateways.
payment news
- digital payment platform wirex has listed 52 new coins on its app, bringing the total number of cryptocurrencies to 130, and traditional currencies to 13, Told Press release. The tokens will be available to clients globally in the Wirex app starting today.
- chipper cashAn African cross-border payments company has laid off “a significant number of chipper staff,” said Erin Fusaro, VP of engineering at Chipper Cash. Told In a LinkedIn post. To TechCrunch cited sources as saying that more than 50 employees across multiple departments have been affected.
DeFi News
- chain link Platform announces the launch of Chainlink Staking v0.1, a crypto economic security mechanism to which stakeholders are committed Contact Tokens in smart contracts to make certain performance guarantees around Oracle services, the press release said. Early Access to Chainlink Staking v0.1 is now Live on Ethereum Mainnet Told,
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