USDC

KuCoin Engages Mazars to Conduct Third-Party PoR Verification Procedures

Retrieved on: 
Monday, December 5, 2022

KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report.

Key Points: 
  • KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report.
  • View the full release here: https://www.businesswire.com/news/home/20221205005273/en/
    Mazars will offer KuCoins customers and prospective customers additional transparency and reporting on whether their in-scope assets are collateralized.
  • Commenting on this Johnny Lyu, CEO of KuCoin: As Peoples Exchange, we place the safety and security of users' funds as its top most priority.
  • Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles.

Algorand Foundation Unveils 2023 Plans at Decipher 22' Dubai

Retrieved on: 
Wednesday, December 7, 2022

DUBAI, UAE, Dec. 7, 2022 /PRNewswire/ -- The two-day event saw 2,000 in-person attendees gather in the global crypto hub of Dubai, bringing together an all-inclusive community of builders, founders, investors and strategic stakeholders working towards deciphering the future on the Algorand blockchain. The successful conclusion of Decipher, as announced by the Algorand Foundation, featured a number of hands-on sessions, networking opportunities and conversations exploring new use cases across the Web3.0 and DeFi space including stablecoins, digital identities, the creator economy and more.

Key Points: 
  • Algorand founder Silvio Micali and Algorand Foundation CEO Staci Warden were featured speakers representing Algorand, alongside over 130 industry leaders , including the likes of Napster CEO Jon Vlassopulos, Quantum Temple Founder Linda Adami, and Arrington Capital Founder Michael Arrington.
  • Support for USDC on Algorand (USDCa) was announced by the Algorand Foundation, to be supported on Binance, the world's largest cryptocurrency exchange platform.
  • The news of Algorand Foundation appointing Anil Kakani as its India Country Head, where he will lead the AlgoBharat initiative.
  • Creating a borderless global economy while highlighting inclusivity in a decentralised space is the key mission of the Algorand Foundation, fully supported by the Algorand blockchain.

Algorand Foundation Unveils 2023 Plans at Decipher 22' Dubai

Retrieved on: 
Wednesday, December 7, 2022

DUBAI, UAE, Dec. 7, 2022 /PRNewswire/ -- The two-day event saw 2,000 in-person attendees gather in the global crypto hub of Dubai, bringing together an all-inclusive community of builders, founders, investors and strategic stakeholders working towards deciphering the future on the Algorand blockchain. The successful conclusion of Decipher, as announced by the Algorand Foundation, featured a number of hands-on sessions, networking opportunities and conversations exploring new use cases across the Web3.0 and DeFi space including stablecoins, digital identities, the creator economy and more.

Key Points: 
  • Algorand founder Silvio Micali and Algorand Foundation CEO Staci Warden were featured speakers representing Algorand, alongside over 130 industry leaders , including the likes of Napster CEO Jon Vlassopulos, Quantum Temple Founder Linda Adami, and Arrington Capital Founder Michael Arrington.
  • Support for USDC on Algorand (USDCa) was announced by the Algorand Foundation, to be supported on Binance, the world's largest cryptocurrency exchange platform.
  • The news of Algorand Foundation appointing Anil Kakani as its India Country Head, where he will lead the AlgoBharat initiative.
  • Creating a borderless global economy while highlighting inclusivity in a decentralised space is the key mission of the Algorand Foundation, fully supported by the Algorand blockchain.

Bit Digital, Inc. Announces Monthly Production Update for November 2022

Retrieved on: 
Monday, December 5, 2022

NEW YORK, Dec. 5, 2022 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited bitcoin production and corporate updates for the month of November 2022.

Key Points: 
  • NEW YORK, Dec. 5, 2022 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited bitcoin production and corporate updates for the month of November 2022.
  • 39% of the Company's bitcoin mining fleet, or 14,978 bitcoin miners representing 1.40 EH/s, was actively hashing in North America as of November 30, 2022.
  • Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital's production of bitcoin.
  • This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies.

Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed Business Combination

Retrieved on: 
Monday, December 5, 2022

BOSTON, Dec. 5, 2022 /PRNewswire/ -- Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company, today announced the mutual termination of their proposed business combination initially announced in July 2021 and amended in February 2022.

Key Points: 
  • BOSTON, Dec. 5, 2022 /PRNewswire/ -- Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company, today announced the mutual termination of their proposed business combination initially announced in July 2021 and amended in February 2022.
  • Under the terms of Concord's amended and restated certificate of incorporation, Concord has until December 10, 2022 to consummate a business combination.
  • Termination of the proposed business combination has been approved by the Board of Directors of both Concord and Circle.
  • Additional information regarding the termination of the transaction agreement for the proposed business combination is provided in a Current Report on Form 8-K filed by Concord with the SEC.

Algorand Foundation Wraps Up Second Annual Decipher Conference in Dubai

Retrieved on: 
Thursday, December 1, 2022

DUBAI, United Arab Emirates, Dec. 1, 2022 /PRNewswire/ -- The Algorand Foundation today announced the successful conclusion of Decipher, its second annual live conference convening a global community of builders, businesses, and strategic stakeholders deciphering the future on the Algorand blockchain. Set in the global crypto hub of Dubai, the two-day event attracted more than 2,000 in-person guests, nearly four times the attendees from 2021. Decipher featured conversations, networking, and hands-on sessions exploring new use cases for DeFi, stablecoins, digital identity, Web3 applications, the creator economy and beyond.

Key Points: 
  • DUBAI, United Arab Emirates, Dec. 1, 2022 /PRNewswire/ -- The Algorand Foundation today announced the successful conclusion of Decipher , its second annual live conference convening a global community of builders, businesses, and strategic stakeholders deciphering the future on the Algorand blockchain.
  • Announcements included:
    The Algorand Foundation's Head of Ecosystem Funding, Ryan Terribilini, introduced Algorand Ventures , a new program dedicated to providing funding and launch support to the best builders and investors in the Algorand ecosystem.
  • The Algorand Foundation announced support for USDC on Algorand (USDCa) on the world's largest cryptocurrency exchange, Binance.
  • The Algorand Foundation's mission is to enable an inclusive, decentralized, and borderless global economy based on the Algorand blockchain.

BingX Announces Its Verified Proof of Reserve With Mazars

Retrieved on: 
Thursday, December 1, 2022

With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market.

Key Points: 
  • With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market.
  • "Mazars takes pride in assisting leading exchanges such as BingX to bring transparency to the crypto industry.
  • Proof of Reserve or POR is a verifiable attestation procedure that helps enhance transparency to centralised cryptocurrency reserves.
  • We hope this POR verified by Mazars can help legitimise the industry and regain trust in the investor community.

BingX Announces Its Verified Proof of Reserve With Mazars

Retrieved on: 
Thursday, December 1, 2022

With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market.

Key Points: 
  • With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market.
  • "Mazars takes pride in assisting leading exchanges such as BingX to bring transparency to the crypto industry.
  • Proof of Reserve or POR is a verifiable attestation procedure that helps enhance transparency to centralised cryptocurrency reserves.
  • We hope this POR verified by Mazars can help legitimise the industry and regain trust in the investor community.

Messier Launches Its Decentralized Escrow and Fundraiser Application: Open Hatch

Retrieved on: 
Thursday, December 1, 2022

Assen, Netherlands--(Newsfile Corp. - December 1, 2022) - Messier 87 (M87) is a fully decentralized ultra-secured black hole for private transactions on the Ethereum network to facilitate anonymous, private, and fungible transactions.

Key Points: 
  • Assen, Netherlands--(Newsfile Corp. - December 1, 2022) - Messier 87 (M87) is a fully decentralized ultra-secured black hole for private transactions on the Ethereum network to facilitate anonymous, private, and fungible transactions.
  • Open Hatch is the latest feature of Messier.
  • It is a decentralized application that helps mediate P2P and B2B transactions in such a way that they can be performed safely and securely on the blockchain.
  • Currently, Open Hatch supports the use of M87, XEN, HEX, SHIB, CULT, VERSE, USDC, and USDT.

BitMEX Partners with Solidus Labs to Bolster Comprehensive Transaction Monitoring Programme

Retrieved on: 
Tuesday, November 29, 2022

BitMEX , one of the worlds largest crypto trading platforms, announced today that it has partnered with Solidus Labs to provide transaction monitoring across BitMEXs platform.

Key Points: 
  • BitMEX , one of the worlds largest crypto trading platforms, announced today that it has partnered with Solidus Labs to provide transaction monitoring across BitMEXs platform.
  • This partnership allows us to add more capabilities to our Anti-Money Laundering and Sanctions programme which we take very seriously.
  • Solidus is an industry standout when it comes to crypto AML solutions for detection of money laundering or terrorism financing activity.
  • Solidus Labs is the category-definer for crypto-native triple T (T3) market integrity solutions - trade surveillance, transaction monitoring, and threat intelligence.