Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder

The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million.According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy on a scale equivalent to “a large-scale hydropower plant” that is then used…

Sarah Clark, the CEO of E-Gates, believes that traditional finance needs to adopt features of decentralized finance as part of an evolution instead of seeing it as a revolution. 110 Total views 1 Total shares As decentralized finance grows in popularity, many wonder what the future holds for traditional finance (TradFi). In episode 37 of

United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks, Bloomberg reported on May 6.Citing a source who asked to remain anonymous, the publication revealed Fidelity’s cryptocurrency-focused spin-off, Fidelity Digital Assets, would be adding to the existing range of services.The subsidiary launched in October…

Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor. 154 Total views 3 Total shares The Australian blockchain company Everledger has reportedly entered insolvency proceedings after failing to raise new funding from an undisclosed investor.Everledger, which uses blockchain to track the provenance of diamonds…

It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.

Plaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars. 1245 Total views 2 Total shares A Coinbase user has filed a class action lawsuit seeking $5 million in damages because of an allegedly misleading Dogecoin campaign.In the legal document, David Suski, the plaintiff, said he was deceived into trading $100 of Dogecoin (DOGE)…

An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency. 874 Total views 44 Total shares May 19, the Financial Crimes Enforcement Network (FinCEN) awarded several federal agencies in the United States, whose joint probe led to the seizure of $22 million…

The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…