3AC Seeks Contempt of Court Ruling on Founder Kyle Davies For Failing to Respond
15.6.2023
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America
15.6.2023
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica
S Korean Crypto Lender Delio Suspends Withdrawals – What Do We Know?
15.6.2023
The South Korean crypto lending platform Delio says it is “temporarily” suspending deposits and withdrawals, as financial regulators say they are “investigating” the situation.
The platform is a crypto lending service and wallet, which holds an official virtual asset service provider (VASP)...
Hong Kong Put Pressure on Three Major Banks to Take on Crypto Exchanges as Clients: Report
15.6.2023
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients
Hong Kong govt pressures banking giants to accept crypto clients: Report
15.6.2023
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients
Voyager app set to reopen for customer withdrawals as soon as June 20
15.6.2023
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal
Economist Discusses Viability of BRICS Currency — Says Pegging to Chinese Yuan Would Be ‘First Major Step’
15.6.2023
An economist, who previously worked at the Bank for International Settlements (BIS), has provided insights on the possibility of a BRICS currency coexisting with the U.S. dollar. Noting that China is a major trading partner of all BRICS nations, he suggested: “Pegging to the renminbi...
AI automation could take over 50% of today’s work activity by 2045: McKinsey
15.6.2023
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers
FinTech Festival Thailand 2023 unites industry experts, innovators, and communities for a transformative FinTech experience
15.6.2023
FinTech Festival Asia 2023, the premier event in the Southeast Asian region showcasing the latest advancements and trends in financial technology, is set to take place from September 27-28, 2023, at Royal Paragon Hall in Bangkok, Thailand. The festival will bring together industry experts...
Hashflow assures users will be made 'whole' following $600K exploit
15.6.2023
The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability
Register Here for a Weekly News Update on Latin America
15.6.2023
Due to the unique traits it presents, Latin America has been a thriving region for cryptocurrency, as the technology aims to complement or even substitute traditional finance components that cannot be used in certain countries in the area. Marked by the vast differences between its countries...
U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now
15.6.2023
Prosecutors with the U.S. Department of Justice wrote late Wednesday night that they would agree to try FTX founder and former CEO Sam Bankman-Fried on only the original eight charges filed in January after a court in the Bahamas blocked the local government from agreeing to additional charges