Road Town, British Virgin Islands, March 26th, 2024, Chainwire Lif3.com is thrilled to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This collaboration brings together Lif3’s innovative multi-chain DeFi ecosystem with Fireblocks’ trailblazing security solution, including their Direct Custody platform and cutting-edge Non-Custodial Wallets-as-a-Service (WaaS) to enhance safety, security and enhance operational efficiency for the Lif3 ecosystem. With the integration of Fireblocks’ Non-Custodial WaaS, Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom,…
Day: March 26, 2024
Bitcoin ETF (BTC) In-Kind Creations Likely in Hong Kong
Hong Kong’s financial regulator, the Hong Kong Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence. Source CryptoX Portal
Bitcoin Price (BTC) Gained 5% as CoinDesk 20 Added 4.8%
The CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Original
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures Damian Williams, the United States Attorney for the Southern District of New York, detailed the charges against Kucoin, accusing the […] Source
Ripple CEO Responds To SEC’s Shocking $2 Billion Demand
In a rather shocking development, the United States Securities and Exchange Commission (SEC) has demanded a $2 billion sanction against Ripple. Responding to the startling demands, Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse has taken a firm stance against the agency’s demands, determined to expose the true nature of the SEC. Ripple CEO Criticizes SEC’s Demands Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple recently disclosed in a post on X (formerly Twitter) that the US SEC has petitioned a Judge for $2 billion in fines and penalties against…
Layer-1 Blockchain WAX Signs Deal With Amazon Web Services
Over the past 30 days WAX has facilitated 141 million transactions with 666,000 unique active wallets, data from Dappradar shows. The network hosts 160 Web3 games on its platform, including Brawlers, a trading card game that became a part of the Amazon Prime Gaming service alongside the likes of Apex Legends and Call of Duty. Source
BlackRock says bitcoin returns likely to come down
If you’re looking for your bitcoin to go to the moon, the window of opportunity may be slowly closing, according to BlackRock. That does not mean it has hit its ceiling or that there will not be rallies. However, as the cryptocurrency becomes more mature and institutionalized with the advent of exchange-traded funds, the days of its monster gains may become a thing of the past, according to Robert Mitchnick, BlackRock’s head of digital assets. “Certainly, returns going forward will come down,” he said at the Bitcoin Investor Day conference…
New Hampshire Has a Better Approach to DAOs
The state’s proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs). Source
Tether to Establish AI Unit, Starts Recruitment Drive
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges. Source
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
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