A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors. Liquidators Want Court to Declare MTI a Ponzi Scheme The latest revelations came shortly […]

Meet the CYCE crypto asset – a new token on the ETHEREUM Blockchain infrastructure, created with ERC-20 standards. CYCE is the first crypto brand and product of Crypto Carbon Energy Inc. registered in Turkey. The purpose of its creation is to solve GLOBAL CLIMATE CHANGE, which is the biggest problem of our world, as well as to transfer its sustainable and positive environmental impact to […]

Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlighted in the PM’s recent decision […]

The state of Wyoming, known for its crypto-friendly attitude, has approved the first legally recognized decentralized autonomous organization (DAO) in the United States. According to CoinTelegraph, the American CryptoFed DAO was officially recognized as a legal entity as of July 1st. Marian Orr, the chief executive of CryptoFed DAO, stated on July 4th that “Wyoming is the leading digital assets […]

Japan will have more clarity on the design of its central bank digital currency no earlier than late 2022, according to a ruling party official. Hideki Murai, head of the ruling Liberal Democratic Party’s panel on digital currencies, said that the Bank of Japan is still working on sorting out the key functions of the digital yen, such as defining […]

Decentralized lending protocol Aave is planning to launch “Aave Pro,” a permissioned platform for institutional investors later this month, according to a new report from Cointelegraph. The platform, which will provide the same kinds of services as Aave’s current platform, will be launched in partnership with the digital asset custody and settlement platform Fireblocks. The new platform was reportedly announced in […]

Finalto (formerly known as TradeTech), the financial division of Playtech, received another lucrative $250 million acquisition offer from Gopher Investments, which is a 4.97 percent shareholder in Playtech and an affiliate of TT Bond Partners (TTB). Announced on Friday, Gopher agreed to pay the entire amount in cash with no deferred or contingent component. It has made the inductive offer […]

SoftBank’s Vision Fund 2 and several other prominent investors are reportedly in talks with the UK-based financial technology firm, Revolut for the injection of fresh capital at a valuation of nearly $30 billion. According to a report published by Sky News, Revolut and its advisers asked SoftBank’s Vision Fund 2 and a group of other investors to submit proposals for […]