The developer of a planned apartment building with retail space on the southeast corner of Arlington Heights and Algonquin roads in Arlington Heights paid $9 million for the neighboring Guitar Center property, at bottom right, records show. Joe Lewnard/jlewnard@dailyherald.com Work has begun to transform the southern gateway of Arlington Heights, but developer Bradford Allen
Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a national security leader at New York-based blockchain data firm Chainalysis, Kristofer Doucette, released a report Monday (April 29) saying that democratic governments should set up structures to
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t own any crypto and therefore can’t use it to carry out transactions. And that doesn’t really incentivize merchants to embrace crypto payments as an offering.
New data from blockchain-tracking service Lookonchain reveals that the founder of Tron (TRX) is gobbling up hundreds of millions of dollars worth of Ethereum (ETH) as the crypto market goes through a correction. In a new thread on the social media platform X, Lookonchain says that Justin Sun, who founded Tron in 2017, has accumulated
The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC, which provides clearing and settlement services to the financial markets in the US, says digital asset-linked ETFs will be subject to a 100% “haircut.” “No
Since Elon Musk bought Twitter and rebranded it to X, the 52-year-old has perpetually been at the centre of the news cycle for his various business decisions. From removing the verified feature to banning the term “cisgender” on the platform, he’s been an interesting owner of the social media platform. Musk has previously stated his
Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the UK’s National Crime Agency (NCA) and police, according to a new government announcement. The announcement notes that the expanded powers will enable authorities to seize
A popular crypto trader says a liquid staking service for the Ethereum (ETH) blockchain is flashing a short-term bullish signal. The analyst Ali Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented buy signal on Lido DAO’s (LDO) 3-day chart. “If LDO can hold above
The New York state Child Care Availability Task Force released its latest report Friday highlighting progress and initiatives that it says has enhanced child care services in the state. The report comes after the state budget recently passed by the New York Legislature that continues the ongoing four-year $7 billion investment to expand access to
The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry. The regulation reports to create enhanced due diligence measures and checks on customer’s identity. Obliged entities, such as banks or cryptocurrency asset managers, have to report