Tether will relocate HQ to El Salvador after securing license
    14 Jan 2025
    249 Views

    Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation. In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The company said…

    Bitcoin exchange reserves near 7-year low as hedge funds buy the dip
    14 Jan 2025
    215 Views

    Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying. Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…

    BlackRock launches new Bitcoin ETF on Cboe Canada
    14 Jan 2025
    231 Views

    Asset manager BlackRock is launching a new Bitcoin exchange-traded fund (ETF) on Cboe Canada, the Canadian securities exchange said on Jan. 13. The ETF is designed to give Canadian investors access to BlackRock’s flagship US spot Bitcoin fund, iShares Bitcoin Trust (IBIT). It will invest “all or substantially all of its assets” in IBIT, Cboe Canada said….

    Tokenizing infrastructure and the need for stronger regulation in DePIN
    13 Jan 2025
    251 Views

    Opinion by: Aaron Basi, head of product at IoTeX As we look into the rest of 2025, the political climate suggests a friendlier stance toward crypto, with promises of regulatory clarity from both major parties in the United States. While this shift is welcoming news for Web3, one sector stands out as needing special attention:…

    World announces 10 million users verified on World Network
    13 Jan 2025
    232 Views

    World, formerly known as Worldcoin, recently announced the milestone of verifying 10 million human beings on its digital identity network. Worldcoin uses a network of orbs to collect biometric data to establish proof of personhood — identifiers that verify an individual is human and who that individual is. The company says proof of personhood is…

    Blockchain is the best fintech to ensure Sharia ethics — Web3 exec
    13 Jan 2025
    217 Views

    Blockchain systems are the best way to ensure compliance with Sharia Law — the legal code in the Islamic religion that includes strict provisions for finance — due to their high transparency, traceability, and community governance structures, Web3 executive Mohemed AlKaff AlHashmi told Cointelegraph in an interview. AlHashmi, the co-founder of Haqq Network — a…