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Tether Invests $500M in Bitcoin Mining Expansion
November 16, 2023
Tether Holdings Ltd, known for managing the USDT stablecoin, is venturing into Bitcoin mining by investing around $500 million over the next six months in expansion plans. The move could …
Read morePyth Network Plans Massive Retroactive Airdrop
November 16, 2023
Pyth Network, a decentralized data oracle platform for blockchains, announced that it has set its retrospective airdrop for Nov. 20. The airdrop will be distributed among various users and contributors …
Read moreSingapore's Central Bank to Pilot 'Live' CBDC for Wholesale Settlement
November 16, 2023
The Monetary Authority of Singapore (MAS) is embarking on a pilot program that would issue a 'live' central bank digital currency (CBDC) for wholesale interbank settlement in the coming year. …
Read moreBlackRock Submits SEC Filing for Spot Ethereum ETF
November 16, 2023
BlackRock, the world's largest asset manager, has applied for a spot Ether exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The ETF will be called the …
Read morePhilippines Piloting Tokenized Treasury Bonds Worth $179M
November 16, 2023
The Bureau of the Treasury of the Philippines plans to experiment with tokenized treasury bonds, offering 10 billion pesos ($179 million) in one-year bonds, ending traditional forms which were scheduled …
Read moreMicrosoft's New AI and Infrastructure Chips: Maia and Cobalt
November 16, 2023
Microsoft has announced the launch of its new AI chip, the Azure Maia AI Accelerator, along with its accompanying Azure Cobalt CPU. These chips, dubbed the 'last puzzle piece' for …
Read moreSouth Korea's Pension Service Sees 40% Profit from $20M Coinbase Investment
November 16, 2023
South Korea's National Pension Service (NPS) saw a significant return on its Q3 2023 investment in global cryptocurrency exchange, Coinbase. The world's third-largest pension fund acquired over 280,000 shares in …
Read moreBinance Partners with Gulf Energy for the Launch of 'Invite-Only' Exchange in Thailand
November 16, 2023
Global cryptocurrency exchange platform, Binance, has partnered with Gulf Energy Development Pcl, a major business organization in Thailand owned by billionaire Sarath Ratanavadi, to launch an 'invite-only' exchange in the …
Read moreCryptocurrency Market Surge: Bitcoin, Ethereum EFTs and Solana's Leap
November 16, 2023
Cryptocurrency realm experienced a boost as Bitcoin, Ethereum, and Solana made significant strides. Bitcoin rallied by over 5%, attempting to clear the $38,000 hurdle. Ethereum is seeing movement with Grayscale's …
Read morePaxos Receives Preliminary Approval to Launch USD Stablecoin in Singapore
November 16, 2023
Crypto infrastructure company, Paxos, has gained initial approval from the Monetary Authority of Singapore (MAS) to launch a U.S. dollar-backed stablecoin. The approval was given to Paxos's new entity, Paxos …
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