Hodl.Press

Tether Enhances Measures to Block Sanction-Evading Crypto Transactions

by Voted.News
2 years ago
Crypto News / tag: Hodl.Press, Tether

Tether has announced plans to freeze USDT wallets associated with individuals and entities under U.S. sanctions, including Venezuela’s PDVSA, in a move to comply with global financial regulations and prevent evasion of sanctions. This initiative, which has already led to the blocking of 836 addresses, underscores Tether’s commitment to legal compliance and cooperation with law enforcement and regulatory bodies, aiming to strengthen the integrity of the cryptocurrency market..

SEC Targets Do Kwon & Terraform Labs with $5.3B Fine in Major Crypto Crackdown

by Voted.News
2 years ago
Uncategorized / tag: Hodl.Press

The SEC targets Terraform Labs and Do Kwon with a $5.3 billion fine for securities fraud, demanding substantial investor compensation and penalties. This action marks a significant enforcement step in cryptocurrency regulation, emphasizing accountability and transparency in the industry..

Do Kwon’s Legal Team Challenges Extradition Decision for Terraform Labs Co-Founder

by Voted.News
2 years ago
Crypto News / tag: Hodl.Press

Do Kwon’s legal team has appealed against his extradition from Montenegro, aiming for South Korea over the U.S., amidst SEC’s $5.2 billion fraud allegations and the UST collapse..

HBAR Token Price Surges 110% After BlackRock Fund Tokenization

by Voted.News
2 years ago
Crypto News / tag: Hodl.Press

The HBAR Foundation tokenized a BlackRock-managed US Treasury Money Market Fund on the Hedera blockchain, leading to a 110% surge in HBAR’s value amid market excitement and confusion over BlackRock’s direct involvement. This milestone highlights the potential of blockchain in asset management and the growing interest in real-world asset tokenization..

Tether Acts on Sanctions: Freezes Cryptocurrency Addresses

by Voted.News
2 years ago
Crypto News / tag: Cryptocurrency, Hodl.Press, Tether

Tether pledges to halt transactions of sanctioned addresses as Venezuela’s PDVSA uses USDT to bypass U.S. sanctions, highlighting crypto’s role in geopolitics and regulatory challenges amidst rising illicit activities..

Paraguay Mango Drying Powered by Cryptocurrency Mining Heat

by Voted.News
2 years ago
Crypto News / tag: Cryptocurrency, Hodl.Press, Mining

In Paraguay, an innovative project uses excess heat from cryptocurrency mining to dry mangoes, shifting power sources from fossil fuels to hydroelectric, reducing carbon emissions. Profits support Bitcoin development, with the model expanding globally for various drying processes. Amidst a mining boom, concerns about illegal operations prompt regulatory discussions..