Category: Assets
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Ethiopia tops Kenya’s foreign assets on Safaricom entry
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Ethiopia has become the host of the largest stock of capital investment from Kenya in Safaricom’s expansion into that market, knocking Tanzania down to second place. Safaricom is investing billions of shillings heavily in its startup operations in Ethiopia. Tanzania and Uganda have traditionally been the top destinations for foreign…
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Diversified Energy to buy east Texas natural gas assets in $106M deal (NYSE:DEC)
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sasacvetkovic33/E+ via Getty Images Diversified Energy (OTCQX:DEC) announced Wednesday that it has agreed to acquire East Texas natural gas properties and related facilities from Crescent Pass Energy in an all-stock transaction valued at approximately $106 million. Diversified Energy (OTCQX:DEC) said the assets include 827 net PDP units. The wells, which…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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Carlyle to buy Energean’s Egyptian, Italian, Croatian assets
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Energy exploration and production company Energean plc (LSE: ENOG; TASE: ENOG), which owns the rights to operate the Israeli Karish and Tanin offshore gas fields, announced the signing of a binding agreement to sell its investment portfolio in Egypt, Italy and Croatia to private equity firm Carlyle International. Energy Partners.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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Notorious conspiracy theorist Alex Jones’ assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims
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A federal judge on Friday ordered the liquidation Conspiracy theorist Alex Jones “personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his media platform Infowars uncertain as he owes $1.5 billion over his false claims that… Sandy Hook Elementary School shooting It was a trick. Judge…
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Norway Recovers $5.7 Million In Stolen Crypto Assets
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The Ronin Network, an Ethereum sidechain integral to the popular web3 game Axie Infinity, was the victim of a devastating ronin network hack in March 2022. The ronin cryptocurrency hack led to the theft of over $600 million, making it the largest DeFi exploit in history. . However, recent developments…
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Amazon to buy some assets of Indian video streaming service MX Player (NASDAQ:AMZN)
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Amazon (Nasdaq: AMZN) has entered into an agreement to acquire certain assets of the Indian video streaming service MX Player. The e-commerce giant is acquiring some of MX Player’s assets, but not the entire company. The deal is not completed yet. “we We’re always looking for ways to offer new…
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Chainlink Tops Real-World Crypto Assets With the Most Development Again
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Chainlink (LINK), the native token of the decentralized oracle blockchain network built on Ethereum, has once again emerged as the top real-world asset with the most development activity in the last 30 days. according to tweet By Santiment, LINK followed by Synthetix (SNX), Centrifuge (CFG), and Oraichin (ORAI). Top RWAs…
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Crypto Exchange Accuses SEC of Trying to Kill Digital Assets
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Coinbase, the leading US cryptocurrency exchange, is doubling down on its battle with the Securities and Exchange Commission (SEC), accusing the regulator… Trying to stifle the crypto industry Through “organization by implementation.” SEC-Coinbase module In my fire gravity Coinbase, which was filed on May 31, portrayed the SEC as a…
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Real-world assets: 2024 is the breakthrough year for tokenization
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Integrating real-world traditional assets, or RWA, into blockchain is not a new topic of discussion. Major institutional players, from Euroclear to Goldman Sachs, have looked to…
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Client Assets on Saxo Hit DKK 800 Billion
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Saxo Bank announced today (Friday) that client assets on its platform have reached 800 billion Danish kroner (about 116.1 billion US dollars), a record for the Danish broker, which has more than 1.2 million clients globally. Huge surge in customer assets The broker was founded in 1992, and it took…
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Real-world assets need real-world utility
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Ask anyone or take a look at any Twitter poll, and you’ll find that “real-world assets” are catalysts for the next bull market. While I agree…
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Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data
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More than 80% of newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have dropped in value. In the past six months, the value of these tokens has declined since their listing on the exchange, raising concerns among investors looking for the latest cryptocurrencies. Most…
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Putin Critic Warns Kremlin Will Seize More Assets to Punish Foes
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Breadcrumb links BMN Business The founder of a seized Rolf car dealership has vowed to fight for compensation as nationalizations intensify in Russia. Article writer: Bloomberg News Marton Eder Posted on May 4, 2024 • 4 minutes read You can save this article by registering for free here. Or log…
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Dutch Authorities Arrest Suspect, Seize $12.2M In Crypto Assets
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The Zkasino scam was such a success that Dutch authorities arrested a suspect and confiscated assets worth $12.2 million. The cryptocurrency industry has seen its fair share of scams and fraudulent activities, as projects promising high returns and quick profits often turn into complex schemes to deceive unsuspecting investors. One…