CryptoNews

LBank's $PINS IEO Ends with 51,556,343 USDT in Investments, PINs Network (PINS) will be listed in the LBank Innovation Zone – Press release Bitcoin News

PRESS RELEASE. LBank recently concluded its Initial Exchange Offering (IEO) for the PINs Network project. The event secured a total investment of 51,556,343 USDT from 34,587 participants. This development followed a period of increased activity on LBank, largely due to the IEO’s specific participation rules. Earlier in the year, LBank reported a 4.6% market share, placing it in the 5th position…
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CryptoNews

Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong – Finance Bitcoin News

Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step Towards Full Crypto License in Hong Kong SEBA Hong Kong, a subsidiary of the Zug-headquartered…
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Report: Tether Pivots to Bahamas' Britannia Bank Amid US Banking Strains – Bitcoin News

In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation. Undisclosed Sources Say Tether Is Working With a Privately Held Bahamas-Based Bank On August 29, Bloomberg…
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CryptoNews

Shiba Inu's Shibarium Returns to Full Operation After Navigating Bridge Issues – Altcoins Bitcoin News

The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue. Shibarium Back Online After Resolving Bridge Glitch, Team Thanks Polygon Co-Founder Two weeks…
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