Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT...
BlackCard Redefines Crypto Payments With Token Launch And Key Listings
By introducing a plethora of useful features for crypto users, including the launch of the $BcCoin token (which will be featured on prominent crypto exchanges soon), BlackCard aims to be at the forefront of revolutionizing global cryptocurrency payment operations. By...
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court...
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip...Interesting 13
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