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Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services. The collaboration aims to explore the issuance of stablecoins denominated in JPY and USD in Japan. … Read more
Ross Ulbricht, the founder of the Silk Road marketplace, has received a beacon of hope. Former President Donald Trump has made a compassionate pledge to commute Ulbricht’s sentence on his first day back in office, if re-elected. This remarkable gesture has been met with immense gratitude by Ulbricht, who has spent over a decade in … Read more
Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an implementation allowing the migration of its platform off Base, the Coinbase incubated rollup Layer 2. Racer declared: “System design bounty: If you can figure out a way to migrate friendtech off of Base without causing … Read more
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in … Read more
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 … Read more
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm for purposes other than its intended use. Farmers caught engaging in … Read more
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com with 335, and Coinbase with 224. This recruitment drive is fueled by market optimism, particularly surrounding bitcoin and ethereum exchange-traded funds (ETFs), … Read more
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 (self-hosted … Read more
Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of Representatives, the movement is now mobilizing UK crypto advocates. With over 6 million crypto holders, the … Read more
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and the U.S. have sought his extradition on fraud … Read more
