A publicly traded company on the Toronto Stock Exchange (TSX), Goodfood Market Corp., has announced plans to adopt a bitcoin treasury strategy. The initiative aims to “strengthen its balance sheet and create long term shareholder value.” Canada’s Leading Online Grocer Goodfood Adds Bitcoin to Its Plate in Bold Treasury Strategy The Montreal-based Canadian online grocery […]
A Bloomberg report was the first to disclose that Gemini Trust Co., a cryptocurrency exchange established by Cameron and Tyler Winklevoss, has consented to a $ 5 million settlement to address allegations levied by the Commodity Futures Trading Commission (CFTC). The settlement quells accusations that Gemini disseminated deceptive information to regulatory bodies. Gemini Avoids …
U.S. Treasury Secretary Janet Yellen recently referred to the possibility of enacting sanctions against Chinese banks as the U.S. prepares to deepen its measures to weaken the Russian economy. This could affect trade settlements between Russia and China, which have already suffered due to previous measures. US Treasury Prepared to Enact Sanctions Against Chinese Banks […]
Ripple’s RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $ 1. RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues Ripple’s chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company’s U.S. …
Bit Global has filed a $ 1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own …