join us telegram A channel to stay up to date on breaking news coverage Tether announced strict measures in response to reports that Venezuela’s state-owned oil company PDVSA had adopted cryptocurrencies such as USDT to manage its oil and fuel exports. The company, which issues the stablecoin USDT, announced its intention to freeze transactions involving entities sanctioned by the Office of Foreign Assets Control (OFAC). This decision highlights Tether’s commitment to adhering to regulatory standards and enforcing sanctions compliance. Compliance Management: Tether’s Response to Venezuela’s Cryptocurrency Use in Oil Trading A Tether spokesperson emphasized its commitment to the OFAC SDN…
Author: Crypto Flexs
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World’s first DePIN global carrier service – Chainwire housenewsroomThe world’s first DePIN global carrier service We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by…
https://unsplash.com/photos/asimo-robot-doing-handsign-g29arbbvPjo Artificial intelligence (AI) is leaving its mark in many industries. It has raised the bar in computing, created new possibilities in medicine, and caused more than a few headaches in the art world. However, one of the sectors that will benefit the most and see only positive changes is the online gambling sector. In fact, AI has already been here for many years. technology Once improvements are made, the possibilities that can be created are endless. Here are some ways AI is revolutionizing the online gambling sector: A more personalized experience I can’t…
The US Department of Justice (DoJ) has argued that former Binance CEO Changpeng ‘CZ’ Zhao should receive three years in prison ahead of his sentencing on April 30 for money laundering.According to a sentencing memo filed Tuesday, Justice Department lawyers recommended the court “sentence 36 months in prison, which is above the guidelines,” on Zhao’s “willful violation of U.S. law.”The former Binance CEO gambled that “he won’t get caught, and if he does, the consequences won’t be as serious as the crime,” and Justice Department lawyers say Binance’s “Wild West” strategy doesn’t comply. claimed. Anti-money laundering requirements in the United…
Richmond Hill, Kingstown, April 24, 2024, Chainwire Minutes Network Token (MNT), the proprietary token of Minutes Network, the world’s first DePIN wholesale voice call termination provider, today discussed blockchain utilization in more depth. Alex Berry, Head of Tokens, said, ‘The decision to launch MNT was driven by our commitment to creating a sharing economy and decentralizing and democratizing the telecommunications industry. When we talk about decentralization, we mean becoming a true DePIN, allowing the public to own and operate critical node infrastructure. And speaking of democratization, we’re proud to be the only voice carrier that rewards senders and receivers using…
Posted 1 minute ago In ~ Updated: April 24, 2024, 3:58 AM EDT U.S. prosecutors filed Tuesday seeking a 36-month prison sentence for Binance founder and former CEO Changpeng Zhao.“Zhao’s intentional violation of U.S. law was neither accidental nor a mistake,” the Justice Department said. filing. “He made the business decision that breaking U.S. law was the best way to attract users, establish a company, and line his pockets.”The DOJ added, “The United States recommends that the court impose a sentence of 36 months in prison, which is higher than the guidelines.”Zhao’s defense committee soon responded to the DOJ’s recommendation…
Charities in the United States are experiencing a windfall thanks to a new kind of currency: cryptocurrency. By accepting donations in cryptocurrencies like Bitcoin, Ethereum, and other digital assets, nonprofits are seeing a surge in donations, streamlining processes, and reaching new donor demographics. According to a recent report by Bankless Times, the two largest charities in the US have reportedly raised more than $2 billion through cryptocurrency donations this year alone. This represents a huge jump compared to the total 2022 contribution of $125 million. Giving Block, a platform that facilitates digital currency donations for charities, has played a key…
Chainwire, Zug, Switzerland, April 17, 2024 Anomaly announced the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 enables developers to leverage AI-enabled game engines to create immersive, decentralized gaming experiences at unprecedented speed. With our support, we will redefine the gaming industry. Abstracts blockchain complexity. Anomaly simplifies blockchain gaming UX through account abstraction, enabling user onboarding through social platforms and leveraging SocialFi for game monetization. At the core of the new Games Layer-3 is the Anomaly…
According to a recent announcement on the Worldcoin blog, World Assets Ltd., a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World Assets treasury to meet and support the growing demand for Orb-verified World IDs. Worldcoin network expansion. The majority of the 193 million WLD tokens currently in circulation have been claimed through user subsidies by more than 5 million individuals with Orb Verification World IDs in over 160 countries. To facilitate the WLD token sale, World Assets will conduct a private placement with selected institutional trading firms operating outside the…
As a global reserve and invoicing currency, the U.S. dollar plays an important role in international debt, non-bank borrowing, and global trade. As the dollar rises, USD-denominated debt becomes more expensive, which creates a disincentive to take risks in financial markets. A weak dollar has the opposite effect. Therefore, over the years, Bitcoin and the broader cryptocurrency market have tended to move in the opposite direction of the DXY, just like stocks and gold.