Michael Sonnenshein, the CEO of Grayscale Investments, has highlighted BlackRock’s entry into the Bitcoin exchange-traded fund (ETF) race as a significant validation for the cryptocurrency. Sonnenshein...
In a coordinated effort to stop money laundering and illegal activity in the cryptocurrency industry, the Financial Conduct Authority (FCA) and other law enforcement agencies have...
Ethereum developer ConsenSys has launched the private testnet for its zero-knowledge Ethereum Virtual Knowledge (zkEVM) network. In a Dec. 13th blog post, ConsenSys announced that developers...
Canadian authorities are taking extra measures to protect cryptocurrency investors following FTX’s implosion and its attendant impact. The Canadian Securities Administrators (CSA) issued an update on...
US-based customers of leading cryptocurrency exchange, Binance can now access the Binance Pay service. The service allows Binance users to send, request and receive crypto using...
China Pacific Insurance has launched a digital currency account insurance product. The Insurance behemoth announced its branch in the Suzhou region. The Bank of Communications is...
Solana wallet Sollet.io has shut down activities, leaving users with a flurry of emotions. @DeFiYieldSec reported the development on its Twitter, revealing that tweets on Sollet’s...
FTX’s collapse has had far-reaching effects, just as speculated. Shark Tank Investor, Kevin O’Leary is the latest to reveal how much he lost to the crypto...
Singapore-based crypto trading and lending firm Amber Group is cutting its staff size by 40%. According to a Bloomberg report, the crypto firm has begun scrapping...
While FTX’s implosion shed light on the failings of centralised exchanges, it may have also revealed an underlying challenge in the NFT industry. Like the FTX...
The Legislative Council in Hong Kong has approved a new amendment to the anti-money laundering (AML) and terrorist financing system to include virtual asset service providers. ...
Chair Waters told Democrats that there was no plan to subpoena Sam Bankman-Fried to the House’s hearing on Dec. 13. Earlier, on Sunday, Dec. 4th,...
Audit firm Mazars has completed a verification exercise on Binance’s bitcoin reserves. According to a Dec. 7 report, Mazars found that the leading crypto exchange held...
Bitcoin maximalist Michael Saylor has criticised Ripple and Ethereum for engaging in securities fraud. In a recent podcast appearance, Saylor classified altcoins as securities, indirectly restating...
Stablecoin issuer Circle has announced the mutual termination of its planned merger with Special Purpose Acquisition Company (SPAC) Concord Acquisition in a Dec. 5 press release....
Announcing in a Monday, Dec 5th blog post, Crypto lender Nexo has revealed that it will stop its product offerings in the US in a “gradual...
The 10,000 NFT collection is based on heatmaps from matches played in the ongoing FIFA competition Coca-Cola has partnered with cryptocurrency exchange Crypto.com to release...
Leading Solana wallet, Phantom, is launching support for Polygon & Ethereum-based NFTs. The wallet service revealed the move in a Nov 29 Twitter post. According to...
Belgian Financial Services and Markets Authority (FSMA) have declared cryptocurrencies without issuers as non-securities. However, while several regulators globally still need to define the asset class,...
