Day: March 15, 2024

Venezuela’s PDVSA Embraces USDT: A Game-Changer in Oil Trading

In a move that underscores the evolving landscape of global finance, Venezuela’s state-owned oil company, PDVSA, has made a significant shift in its trading practices. Embracing the world of cryptocurrencies, PDVSA has announced its exclusive adoption of Tether (USDT) for selling its oil products. This decision comes as a strategic maneuver to safeguard its revenue amidst mounting creditor pressure and the complexities of the traditional banking system.

Cetera Embraces U.S. Bitcoin ETFs

Cetera, a leading wealth management and financial advisory firm, has officially endorsed the use of four U.S. spot bitcoin exchange-traded funds (ETFs) across its extensive network of 9,000 affiliated professionals. The selected ETFs, namely BlackRock’s IBIT, Fidelity’s FBTC, Franklin Templeton’s EZBC, and Invesco’s BTCO, represent a significant nod to the burgeoning interest in cryptocurrency investments […]

Upland’s Innovative Airdrop Fuels Web3 Engagement

Upland, a pioneering crypto game that intricately maps the digital world to real-world locations, announced on Friday the launch of its “Share and Build” airdrop series. This series represents a strategic effort to galvanize the community and welcome newcomers as Upland gears up for the integration of its Ethereum token. At the heart of this […]

Bybit Faces Scrutiny in Hong Kong

Bybit, a prominent cryptocurrency exchange, has been earmarked as a “suspicious” entity by Hong Kong’s financial watchdog. This development unfolds even as Spark Fintech, Bybit’s local branch, pushed forward with its application for a crypto exchange license earlier this year, showcasing the complex and often murky waters of crypto regulation and compliance. The Hong Kong […]

Binance Labs Spins Off: A New Venture Emerges

Binance, the globe’s premier cryptocurrency exchange by trading volume, has taken a significant step by spinning off its venture capital and incubation wing, Binance Labs. This decision, subtly announced on its website, marks a pivotal moment for the company and the broader crypto ecosystem. According to a newly updated disclaimer, Binance Labs now operates as […]

Rain of Runestones: A Historic Bitcoin Airdrop

Late Thursday, a highly anticipated airdrop delivered Ordinal inscriptions directly into the virtual hands of over 112,000 Bitcoin wallet holders, marking a significant moment in the history of digital assets. Leonidas, a revered NFT historian and the spokesperson for Runestone ignited the excitement with a tweet that echoed across the crypto community: “112,383 Runestones are […]

El Salvador’s Bitcoin Treasury Is Bigger Than Expected (and Growing)

El Salvador’s President Nayib Bukele took to social media to showcase a “big chunk” of the country’s Bitcoin treasury. A screenshot revealed a staggering 5,689 Bitcoin tucked away in a cold wallet, translating to roughly $406 million at the time. This hefty sum implies a Bitcoin price hovering around $71,463 when the funds were transferred […]

Notcoin Goes All In: $400,000 TON Giveaway Heats Up Clicker Game

Notcoin, known for its addictive gameplay and massive user base, is gearing up for a significant event: the airdrop of its native token on The Open Network. To celebrate this milestone and incentivize player participation, the Notcoin team has unveiled a massive giveaway – a total of 100,000 Toncoin (TON) – worth over $400,000 at […]