The post US-Listed Company Announces Unexpected Altcoin Investment! Here Are the Details appeared on BitcoinEthereumNews.com. Silo Pharma, a company specializing in biopharmaceutical and cryptocurrency treasury management, announced the acquisition of ResearchCoin (RSC) as part of its digital asset strategy. According to its official statement, the company aims to capture long-term value from multiple blockchain opportunities with this move. ResearchCoin (RSC) stands out as the native token of ResearchHub, the decentralized scientific research platform founded by Coinbase CEO Brian Armstrong in 2019. The platform aims to reshape scientific collaboration with blockchain technology. Silo Pharma CEO Eric Weisblum said, “With our investment in RSC, we are joining the growing decentralized science (DeSci) movement while also providing diversification and potential value growth for our shareholders.” “The ResearchCoin investment demonstrates our commitment to modernizing scientific collaboration and supporting blockchain-driven innovation at the core of biomedical discovery.” Following the development, the RSC price rose by around 4% in the last 24 hours. The token has a market capitalization of $60 million and is listed on Coinbase. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/us-listed-company-announces-unexpected-altcoin-investment-here-are-the-details/The post US-Listed Company Announces Unexpected Altcoin Investment! Here Are the Details appeared on BitcoinEthereumNews.com. Silo Pharma, a company specializing in biopharmaceutical and cryptocurrency treasury management, announced the acquisition of ResearchCoin (RSC) as part of its digital asset strategy. According to its official statement, the company aims to capture long-term value from multiple blockchain opportunities with this move. ResearchCoin (RSC) stands out as the native token of ResearchHub, the decentralized scientific research platform founded by Coinbase CEO Brian Armstrong in 2019. The platform aims to reshape scientific collaboration with blockchain technology. Silo Pharma CEO Eric Weisblum said, “With our investment in RSC, we are joining the growing decentralized science (DeSci) movement while also providing diversification and potential value growth for our shareholders.” “The ResearchCoin investment demonstrates our commitment to modernizing scientific collaboration and supporting blockchain-driven innovation at the core of biomedical discovery.” Following the development, the RSC price rose by around 4% in the last 24 hours. The token has a market capitalization of $60 million and is listed on Coinbase. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/us-listed-company-announces-unexpected-altcoin-investment-here-are-the-details/

US-Listed Company Announces Unexpected Altcoin Investment! Here Are the Details

2025/10/07 18:01

Silo Pharma, a company specializing in biopharmaceutical and cryptocurrency treasury management, announced the acquisition of ResearchCoin (RSC) as part of its digital asset strategy.

According to its official statement, the company aims to capture long-term value from multiple blockchain opportunities with this move.

ResearchCoin (RSC) stands out as the native token of ResearchHub, the decentralized scientific research platform founded by Coinbase CEO Brian Armstrong in 2019.

The platform aims to reshape scientific collaboration with blockchain technology. Silo Pharma CEO Eric Weisblum said, “With our investment in RSC, we are joining the growing decentralized science (DeSci) movement while also providing diversification and potential value growth for our shareholders.”

“The ResearchCoin investment demonstrates our commitment to modernizing scientific collaboration and supporting blockchain-driven innovation at the core of biomedical discovery.” Following the development, the RSC price rose by around 4% in the last 24 hours. The token has a market capitalization of $60 million and is listed on Coinbase.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/us-listed-company-announces-unexpected-altcoin-investment-here-are-the-details/

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OFAC Designates Two Iranian Finance Facilitators For Crypto Shadow Banking

OFAC Designates Two Iranian Finance Facilitators For Crypto Shadow Banking

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Iranian financial facilitators for coordinating over $100 million worth of cryptocurrency in oil sales for the Iranian government, a September 16 press release shows. OFAC Sanctions Iranian Nationals According to the Tuesday press release, Iranian nationals Alireza Derakhshan and Arash Estaki Alivand “used a network of front companies in multiple foreign jurisdictions” to transfer the digital assets. OFAC alleges that Alivand and Derakhshan’s transfers also involved the sale of Iranian oil that benefited Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Ministry of Defense and Armed Forces Logistics (MODAFL). IRGC-QF and MODAFL then used the proceeds to support regional proxy terrorist organizations and strengthen their advanced weapons systems, including ballistic missiles. U.S. officials say the move targets shadow banking in the region, where illicit financial actors use overseas money laundering and digital assets to evade sanctions. “Iranian entities rely on shadow banking networks to evade sanctions and move millions through the international financial system,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence John K. Hurley. “Under President Trump’s leadership, we will continue to disrupt these key financial streams that fund Iran’s weapons programs and malign activities in the Middle East and beyond,” he continued. Dozens Designated In Shadow Banking Scandal Both Alivand and Derakhshan have been designated “for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of the IRGC-QF.” In addition to Alivand and Derakhshan, OFAC has sanctioned more than a dozen Hong Kong and United Arab Emirates-based entities and individuals tied to the network. According to the press release, the sanctioned entities may face civil or criminal penalties imposed as a result
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CryptoNews2025/09/18 11:18