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Posts published by “Charles Thuo”

Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury

Genius Group plans to split lawsuit wins between shareholder dividends and Bitcoin. The company is pursuing two lawsuits seeking over $1 billion in shareholder-related damages. Genius Group’s current BTC holdings stand at 100 BTC and it now targets 1,000 BTC as part of its treasury plan. Singapore-based edtech firm Genius Group has unveiled an ambitious

TON price soars as Telegram allows conversion of gifts into NFTs on The Open Network

Telegram now allows users to convert digital gifts into NFTs on the TON blockchain. The converted gifts gain unique traits and can be traded or auctioned as NFTs. TON price rises 3%, trading at $5.79, with 165% growth year-to-date. Toncoin (TON), the native cryptocurrency of The Open Network (TON...

Bitpanda becomes first European firm to secure Dubai VARA in-principle approval

Bitpanda has secured in-principle approval from Dubai VARA. Dubai is emerging as a global crypto hub with a supportive regulatory environment. Bitpanda plans to establish a regional headquarters in Dubai to expand globally. Bitpanda, a prominent European digital asset platform, has achieved a significant milestone by securing in-principle approval from the Dubai Virtual Asset Regulatory

Lido Finance to discontinue its products on Polygon starting Dec. 16

Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low adoption, zkEVM transition, and focus on Ethereum. Lido Finance, the largest liquid staking protocol in the decentralized finance (DeFi) ecosystem...

Bitrue gets Virtual Asset Service Provider approval in Lithuania

Bitrue has received VASP approval in Lithuania to offer crypto exchange services. The company aims for EU expansion by pursuing the Markets in Crypto-Assets license. Lithuania plans regulatory changes to reduce the presence of crypto firms in the country. Crypto exchange Bitrue has announced its successful registration as a Virtual Asset Service Provider (VASP) in

Nubank abruptly halts trading of its Nucoin cryptocurrency

Nubank halts Nucoin trading to protect users from market volatility. Nucoin tokens can be redeemed for Bitcoin or USDC until December 9. Financial concerns, including rising non-performing loans, prompted the move. In a surprising turn of events, Nubank, the prominent Brazilian fintech company, has announced the immediate suspension of trading for its Nucoin cryptocurrency...