Business Sandesh

UK Authorities Freeze $7.7M in Dirty Crypto Profits: Report

UK law enforcement agencies have frozen approximately $7.7 million in cryptocurrency linked to criminal activities over the past year, according to a new report. The move reflects the growing efforts of authorities to crack down on illicit financial transactions in the digital asset space. With the increasing use of cryptocurrencies for money laundering, fraud, and other illicit activities, UK regulators …

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समोसा, बर्गर और पिज्जा खाकर भी घटाएं वजन! बस अपनाएं ये 3 आसान टिप्स

वजन घटाने के लिए अक्सर लोग अपने पसंदीदा फास्ट फूड से दूरी बना लेते हैं, लेकिन क्या आप जानते हैं कि सही रणनीति अपनाकर आप समोसा, बर्गर और पिज्जा खाकर भी वजन कम कर सकते हैं? जरूरत है बस कुछ स्मार्ट तरीकों को फॉलो करने की। आइए जानते हैं वो 3 आसान टिप्स, जो आपको फिट रहने में मदद करेंगे। …

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Kalshi Sues Nevada & New Jersey Over Sports Contract Ban

Prediction market platform Kalshi has filed a lawsuit against the states of Nevada and New Jersey, challenging their bans on sports-related contracts. The legal action comes after regulatory pushback against Kalshi’s efforts to offer markets on political and sports outcomes. Kalshi, which operates under approval from the Commodity Futures Trading Commission (CFTC), argues that the bans unfairly restrict its ability …

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Binance’s CZ Pledges 500 BNB to Thailand & Myanmar After Quake

Binance founder and former CEO Changpeng Zhao (CZ) has announced a donation of 500 BNB each to Thailand and Myanmar in response to the recent earthquake that struck the region. The pledge aims to provide immediate support to affected communities as they recover from the disaster. The earthquake, which caused significant damage in parts of both countries, has left many …

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FTX to Start Creditor Repayments on May 30 After 27-Month Battle

FTX is set to begin repaying its creditors on May 30, marking a significant step in resolving its lengthy bankruptcy process. The repayments come after 27 months of legal proceedings following the exchange’s dramatic collapse in November 2022. According to court filings, the distribution will prioritize customers and creditors based on an approved restructuring plan. While the exact payout amounts …

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Sonic Labs Swaps Dollar-Pegged Stablecoin for UAE Dirham Version

Sonic Labs has announced a shift from its dollar-pegged algorithmic stablecoin to a version backed by the UAE dirham (AED), signaling a strategic move in response to evolving market conditions and regional demand. The decision comes amid growing interest in non-USD stablecoins, particularly in emerging markets where local currency-backed digital assets can enhance financial accessibility and reduce reliance on the …

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Metaplanet Issues $13M in Zero-Interest Bonds to Buy More Bitcoin

Metaplanet, a Japan-based investment firm, has issued $13 million worth of zero-interest bonds to expand its Bitcoin holdings. The move highlights the company’s aggressive strategy to increase its exposure to the digital asset while leveraging innovative financing methods. The zero-interest bonds, which do not carry traditional interest payments, provide Metaplanet with capital at minimal cost. This allows the firm to …

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South Korean Court Sentences Three in Crypto Scam Case

A South Korean court has sentenced three individuals for their involvement in a large-scale cryptocurrency scam, highlighting the country’s crackdown on fraudulent digital asset schemes. The convicted members were found guilty of defrauding investors through deceptive crypto investment promises. According to court documents, the scam involved luring victims with the promise of high returns on cryptocurrency investments. The perpetrators used …

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MARA Plans $2B Stock Sale to Boost Bitcoin Reserves, Expand Servers

Bitcoin mining firm Marathon Digital Holdings (MARA) has announced plans to raise up to $2 billion through a stock sale, aiming to increase its Bitcoin holdings and invest in new mining infrastructure. The move underscores the company’s commitment to scaling operations amid growing competition in the industry. According to filings with the U.S. Securities and Exchange Commission (SEC), MARA intends …

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Gazprom Unveils Blockchain-Powered Digital Assets Initiative

Russian energy giant Gazprom has launched a blockchain-powered digital assets initiative, marking a significant step in its adoption of decentralized technology. The move is aimed at enhancing transparency, efficiency, and security in the company’s operations while exploring new financial instruments. Gazprom’s digital assets platform is designed to tokenize various forms of value, including energy-related assets, financial contracts, and supply chain …

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