Category Crypto

Samsung SDS Targets Stablecoin Infrastructure With Dunamu

Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest local cryptocurrency exchanges. Samsung SDS said it is discussing potential…

US Sanctions Iran-Linked HormuzSafe, Cites Bitcoin Payments

The US Treasury has sanctioned two Iranian maritime firms involved in an alleged Islamic Revolutionary Guard Corps (IRGC)-backed insurance network, saying one accepted Bitcoin (BTC) and other digital assets to bypass Western sanctions.  On Wednesday, the Treasury’s Office of Foreign…

Luno Cuts 20% of Staff as Crypto Layoffs Widen in July

Crypto exchange Luno is reportedly cutting about 20% of its global workforce as it restructures operations and shifts more resources toward institutional clients, financial infrastructure and business-to-business services.  According to a Bloomberg report on Tuesday, Luno CEO James Lanigan said…

AAA Launches Web3 Panel for Crypto Disputes

The American Arbitration Association (AAA), one of the world’s largest providers of private dispute-resolution services, has launched a specialist panel for blockchain and digital-asset cases, giving companies access to arbitrators with expertise in the technical and legal complexities of crypto…