Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela
The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude payments, allowing the Venezuelan government to supply the local foreign currency market directly. Venezuela Leverages USDT to Receive Crude Sale Settlements Stablecoins, such as USDT, have become essential in countries facing both […] Powered by...
Putin and Xi Overheard Discussing Life Extension, Sparking Global Buzz
Russian President Vladimir Putin and Chinese President Xi Jinping were briefly overheard discussing life extension during a live broadcast of Beijing’s Sept. 3 military parade, when comments about biotechnology, organ transplants and the possibility of greatly extended lifespans were captured on a hot mic. In the exchange, Xi reportedly said some predict people may live […] Powered by...
Ondo Finance and Block Street Join Forces to Tokenize US Stocks
Tokenized equities fall under the larger real-world assets (RWA) umbrella which is forecasted to exceed $30 trillion by 2034 according to Standard Chartered Bank’s research. TradFi Meets DeFi: Ondo and Block Street to Tokenize US Equities Traditional finance (TradFi) and decentralized finance (DeFi) are increasingly resembling two peas in a pod and Block Street, a […] Powered by...
Navigating NFTs and Intellectual Property Law
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. NFTs, Intellectual Property, and the Legal Challenges of AI-Generated Assets As non-fungible tokens (NFTs) […] Powered by...
CIMG Closes $55 Million Share Sale, Receives 500 Bitcoin in Payment
CIMG Inc. has completed a $55 million stock sale, accepting payment in bitcoin and adding 500 BTC to its balance sheet. The move reflects the company’s shift toward a long-term bitcoin reserve strategy. $55 Million Stock-for- BTC Deal Sees CIMG Adopt Bitcoin Treasury Strategy CIMG Inc. (Nasdaq: IMG), a global digital health and sales development […] Powered by...
