President Biden thanks Nigerian President for Binance exec’s release
A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February.
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US crypto regulation bill aims to bring greater clarity to DAOs
On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to the rapidly growing industry, the bill offers a bipartisan response to President Biden’s…

Terra and Harmony announce DeFi partnership focused on UST stablecoin integration
“Terra is excited to expand our growing portfolio of DeFi products to multiple chains and working with Harmony to bring UST and Anchor to another growing ecosystem,” said Do Kwon, co-founder and CEO of Terra. 520 Total views 7 Total shares Terra, an algorithmic stablecoin platform for savings, investments and payments, is joining forces with…

Microsoft uses blockchain technology to purchase soil carbon credits in Australia
The tech giant purchased 43,338 tonnes worth of soil carbon credits that are representative of carbon sequestration at ranches in New South Wales. 636 Total views 5 Total shares Microsoft has employed blockchain technology to purchase soil carbon credits in Australia. In combination with Regen Network — built on the Cosmos (ATOM) blockchain — the…

Grayscale Brings Altcoins to Over-the-Counter Trading
The company also happened to clear a Nasdaq and NYSE listing requirement in the process. Grayscale Investments, the asset manager behind the world’s largest Bitcoin trust, announced that its Bitcoin Cash Trust and Litecoin Trust are eligible for deposit at the Depository Trust Company, the largest securities depository in the world.The Depository Trust Company (often…

US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions
Assistant Secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran and North Korea. 361 Total views 51 Total shares Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could…

Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?
Five miner wallets that received block rewards weeks after Bitcoin's launch started moving their tokens.

Ripple, Consensys participate in Mastercard program to promote CBDC innovation
The payment processor has enlisted a range of market players in its quest for innovation and efficiencies in a technology that 93% of central banks are investigating. Mastercard is forming a partnership program with seven prominent blockchain and payment technology providers to “bring a greater understanding of the benefits and limitations” of central bank digital…

Greenidge plans to expand mining operations to South Carolina
According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources. Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year.In a Friday announcement, Greenidge said it…