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Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
13.6.2024
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
UwU Lend faces second hack during $20M reimbursement process
13.6.2024
UwU exploiter strikes again and steals $3.5 million from the lend protocol as they begin the reimbursement process
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
4.6.2024
This is Bitpanda's second major partnership in Germany this year after the broker was enlisted by LBBW to offer crypto custody services in the country
Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets
1.6.2024
Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and...
Implementing FIT21 could be a ‘slow, slow process’ — CFTC Commissioner
30.5.2024
Summer Mersinger anticipates extensive coordination and potential delays in the implementation of FIT21 across U.S. regulatory agencies if it is enacted
Web3 Gaming Platform Zkasino Kickstarts Process Enabling Users to Retrieve Ethereum Tokens
30.5.2024
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull...
The Blockchain Property Gate process revealed: Discover the unique methodology of the new revolution in real estate and Blockchain
29.5.2024
Real estate investment has been one of the most popular investment areas in Germany, Europe and wide parts of the world for decades. Stability of the market would mean the investments would be relatively safe, while at the same time, the properties would generate passive income through rental...
ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors
29.5.2024
ZKasino has taken steps to address the allegations of a $33 million "rug pull" by initiating a 72-hour "2-step bridge back process" to return funds to investors.
The post ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors appeared first on Cryptonews
Ether ETF approved, but Gary Gensler didn’t vote for it — Here’s why
24.5.2024
Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee, including SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC
Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow
21.5.2024
Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted...
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
20.5.2024
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief
6.5.2024
A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.
The post Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief appeared first on Cryptonews
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
1.5.2024
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit initiated following the discovery of discrepancies...
How blockchain-based voting can restore trust in the electoral process
25.4.2024
Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area
Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Looking at Sam Bankman-Fried's Appeals Process
17.4.2024
As expected, Sam Bankman-Fried's legal team filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. So far all we have is just the notice – the actual brief won't come for some time yet
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
7.4.2024
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential litigation process if an ether ETF application...
Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing
4.4.2024
The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox.
The post Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing appeared first on Cryptonews
Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules
3.4.2024
Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies.
The post Lithuania’s Fintech Haven to Cull...