Instagram Slow to Tackle Bots Targeting Iranian Women’s Groups
Despite alerting Meta months ago, feminist groups say tens of thousands of fake accounts continue to bombard them on the platform. Powered by...
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform. Bitgo Partners With the Near Foundation The digital asset financial services firm Bitgo...
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less than two months ago. Gemini Lays Off More Staff Gemini, a regulated, U.S.-based cryptocurrency exchange founded by the...
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers. Virtual Asset Service Providers to Be Regulated in Colombia Regulation is...
Digital Token Issued In Russia to Facilitate Investments in Palladium
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of Atomyze, a platform that specializes in the tokenization of commodities, and Rosbank, are starting...
