Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market....
CFTC Wins Case Against Crypto Fund Operators
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the...
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their...
IMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes...
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s...
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial...
Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and...
UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials (UTC) initiative. The...
Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed...