Features Crypto News by Thebittimes.Com

Tether has become a massively important company in global finance due to the scale of its assets and operations. Its activities have required it to partner with a variety of other financial institutions in order to maintain access to necessary financial rails and facilitate its issuance, redemptions, and general asset movement. Additionally, its executives are willing to take on a variety of activities outside of core Tether activities. Take, for example, Paolo Ardoino’s work on Keet, Holepunch, and Delchain, Giancarlo Devasini’s activities with Bluebit Capital Partners, Jean Louis van der Velde’s work with a Hong Kong-based venture capital firm and automotive firm, and Bitfinex’s Claudia Lagorio getting involved with UBQ. UBQ, Claudia Lagorio, and Omar Rossi UBQ states that “whether you’re building the next-generation platform, advancing biotech, or shaping a sustainable city, UBQ is here to help you succeed.” The terms...

Crypto.com, one of the leading crypto trading platforms, announced that Thomas Pevot had been promoted to Head of French Operations, as reported to Finbold on Wednesday, April 9. Pevot’s promotion underscores not only the company’s growing efforts to establish a firmer presence in France but its ambitions in the broader European market as well. Thomas Pevot’s career Prevot has a rich background in marketing, technology, and business development, having held positions at companies such as Google, TBWA, and R/GA. A member of Crypto.com since 2021, he will now oversee the company’s business development, regulatory compliance, strategic alliances, and fintech innovation in France.  During his time at Crypto.com so far, he has managed cross-functional teams responsible for the platform’s digital asset portfolio, including non-fungilbe tokens (NFTs), helping realize some key partnerships and contributing to user engagement and growth.  In addition to his...

Crypto industry executives and investors are remaining positive even after Bitcoin plunged 5.3% after Donald Trump failed to mention crypto during his inauguration speech yesterday. On his first day as the 47th President of the United States, Trump signed numerous executive orders, but none mentioned crypto assets or related policies. The overall crypto market cap has dropped 6.8% in the past 24 hours, according to CoinGecko. Trump family meme coins $TRUMP and $MELANIA led meme coin losers with drops of 21% and 51%, respectively. Despite this, many crypto investors and executives are not worried. “He has already fully expressed his dedication to crypto with his actions all weekend,” said a futures trader known as Satoshi Flipper, who has 225,000 followers. “He’s fully locked in, buying hundreds of millions worth of altcoins, and people out here paranoid the top is in because Trump didn’t say ‘Bitcoin’ today.” Some ”Freaking Out...

XRP could overtake Ethereum (ETH) to become the new altcoin leader within the next month, driven by the Trump effect and a potential XRP ETF (exchange-traded fund) launch, according to Messari analyst Sam Ruskin. “We are currently seeing a lot of front-running of this price movement, but I expect XRP to surpass ETH after Trump’s inauguration,” Ruskin said in a Jan. 16 X post. Ruskin predicts the XRP price could soar between 35% and 50% in the month after Trump enters the White House. Ethereum’s market capitalization stands at $415.3 billion right now with XRP currently lagging well behind at $187.4 billion. XRP Has Much Healthier Open Interest Compared To ETH According to Ruskin, several metrics suggest Ethereum is currently overvalued. Most notably, open interest for the largest altcoin by market cap is at a historical peak, while ETH’s price is more than 30% down from its all-time high of $4,800. He added that this disconnect between ETH’s ope...

Previously Noah Perlman worked for the cryptocurrency exchange Gemini as the Chief Compliance Officer and then as the Chief Operating Officer. Prior to crypto, Noah had built a compliance-related career spanning decades in leadership positions across big law, United States’ Drug Enforcement Administration (DEA), and banking giant Morgan Stanley. https://www.binance.com/en/blog/compliance/noah-perlman-building-a-culture-of-compliance-at-binance-5889944569329388319 1. Please introduce your professional background. Hi, my name is Noel Brahman. I’ve been the Chief Compliance Officer in a finance role for almost two years. Prior to this, I worked at another crypto exchange, Gemini, which was founded by Tyler and Cameron Winklevoss. Before entering the crypto space, I spent nearly 14 years in traditional finance at Morgan Stanley, holding various legal and compliance roles. I actually began my career in government, serving as a federal prosecutor in New York and as counsel to the U.S. Drug E...

In a string of major banks offering exposure to Bitcoin (BTC) through its spot exchange-traded funds (ETFs), one of the latest to hop on the Bitcoin bandwagon is Goldman Sachs (NYSE: GS), which has just unveiled it holds millions in spot Bitcoin ETFs. Specifically, Goldman Sachs reported in its new quarterly filing with the United States Securities and Exchange Commission (SEC) that it was holding more than $400 million in spot Bitcoin ETFs, according to the 13F document for the quarter ending June 30, released on August 13. Among others, the major bank has filed new holdings in BlackRock (NYSE: BLK) iShares Bitcoin Trust, valued at $238.6 million, or nearly 7 million shares, with additional positions in Fidelity Bitcoin ETF at $79.5 million, Grayscale Bitcoin Trust at $35.1 million, and Invesco Galaxy Bitcoin ETF at $56.1 million. Picks for you ...

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Satoshi Nakamoto’s Bitcoin whitepaper a happy birthday. “It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection,” said the SEC chairman. SEC Chair Gary Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday Satoshi Nakamoto introduced Bitcoin to the world approximately 14 years ago today with the publication of the Bitcoin whitepaper. Many people tweeted happy birthday to the pseudonymous creator’s whitepaper, including the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. He wrote on Oct. 31: Happy 14th birthday to Satoshi Nakamoto’s whitepaper! It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection. At the time of writing, his tweet ...

On October 27, the Fantom Foundation announced a collaboration with the security and Analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The Fantom blockchain aims to protect its defi ecosystem with a new automated smart contract surveillance system called Watchdog, according to a blog post published on Thursday. Fantom is a layer one (L1) EVM-compatible blockchain that leverages an asynchronous byzantine fault tolerance (ABFT) consensus scheme. “Smart contract vulnerabilities remain a pressing problem across the crypto industry ,” the Fantom Foundation’s blog post explains. “In Q1 2022 alone, hackers stole $1.3 billion in cryptocurrencies; 97% of these exploits focused on defi products.” The Fantom Foundation said that the Dedaub-crafted Watchdog ...

Join Our Telegram channel to stay up to date on breaking news coverage It has only been a year since metaverse blew up, attracting people from in and out of the crypto industry . This new technology has captivated individuals, companies, organizations, and even entire governments. The latest example of this comes from the UAE, as the country just saw the launch of the metaverse city . The project is backed by the authorities, and it is conducted by the Artificial Intelligence ecosystem Multiverse Labs. With its first metaverse city now operational, the United Arab Emirates hopes to use it to enhance the local tourism industry and become one of the leaders in metaverse development. What will the metaverse city offer? According to Multiverse Labs’ announcement, the metaverse city will be known as Sharjahverse, and it will act as a physics-accurate, photorealistic metaverse. It encompasses a surface area of 1,000 square miles, and it will support the country’s touris...

Iran , the second-largest region in the Middle East has been enduring immense unrest. With anti-government protests intensifying, the crypto community has another reason to express concerns against the Iran ian government. A prominent Iran ian Bitcoin advocate, Ziya Sadr was reportedly nabbed by Iran ian security forces last month. While several believe that this arrest was due to his Bitcoin advocacy, a few others were still uncertain about details pertaining to his arrest. Nevertheless, the crypto community laid out support for Sadr. It was brought to light that Sadr was arrested in Tehran back on 19 September 2022. This was just two days after the protests for the death of 22-year Masha Amini took the front stage. During this time, Iran law enforcement was making a slew of arrests across the region. As mentioned earlier the grounds of his arrest were still under wraps. But, several spoke up in support of Sadr and noted how he wasn’t part of the protests. While Sadr was e...