Search
US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
19.10.2023
Today, the Depository Trust & Clearing Corporation (DTCC) agreed to acquire blockchain startup Securrency Inc. in a deal worth around $50 million, according to a Bloomberg report.
The acquisition is part of DTCC's broader push into blockchain technology and services for functions like post-trade...
SEC's Gensler on Bitcoin ETFs: Staff Working on Multiple Filings
19.10.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler remained tight-lipped as usual when asked about the state of spot Bitcoin ETF applications being handled by the agency on Wednesday.
In an interview with Bloomberg, Gensler declined to comment on the agency’s next steps after losing...
Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC
19.10.2023
Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.”
“BaFin investigates the company MEXC,” the title of the warning published on the German regulator’s...
FTX General Counsel gives Damning Testimony against Bankman-Fried in SBF Trial
19.10.2023
The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.
The prosecution presented a robust direct examination of the Yale-educated Sun, who served as general counsel for FTX from August 2021 through...
BitPanda Secures Virtual Asset Service Provider License in Norway, Pioneering European Exchange
19.10.2023
Bitpanda, the largest European cryptocurrency exchange, has announced that it has secured a license to offer virtual asset services (VASP) in Norway, expanding its regulatory approvals.
On October 19, the Vienna-based cryptocurrency exchange, Bitpanda, announced the latest milestone on...
Bank of Finland Initiates Development of Finnish Instant Payment Solution Aligned with European Standards
19.10.2023
The Bank of Finland (BOF) has taken the lead in spearheading the development of a Finnish instant payment solution that aligns with European standards.
During this year's fifth Euro and economy publication event on October 19, Tuomas Välimäki, a member of the Governing Council of the European...
Base announces shifting test network from Goerlito Sepolia
19.10.2023
Base is moving the test network from Goerli to Sepolia. The objective is fairly simple: Base wants to create a unified ecosystem and foster an environment for app development. Meaning, it is more than just a technical requirement to make the shift. Creating a more unified ecosystem is an attempt...
Coinbase Chooses Ireland as Main European Hub as Regulatory Pressure Continues in the US
19.10.2023
Digital asset exchange Coinbase is set to become a dominant player in the European market following the announcement of Ireland as its crypto hub in the continent.
The exchange unveiled plans on Oct 19 to make the country its operational and regulatory hub within the European Union (EU)...
Solana is likely to exit the bearish sentiments
19.10.2023
Solana has published its report for the third quarter of 2023, showing signs that it may eventually exit bearish sentiments in the coming days. Key metrics show that the circulating market cap has increased by nearly 17% on a Q-o-Q basis, as has the revenue in USD and SOL. Further strengthening...
Binance France Director Steps Down Amid Ongoing Senior Leadership Exits
19.10.2023
Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year....
Read More: Binance France Director Steps Down Amid Ongoing Senior Leadership Exits
Can we safely turbocharge asset swapping across exchanges by going off-chain?
19.10.2023
In the realm of blockchain technology, the quest for a higher transaction per second (TPS) rate is considered paramount for the continued success of any project. Similarly, the allure of accelerated asset swapping across different exchanges is undeniable; however, the intrinsic mechanisms of block...
Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions
19.10.2023
Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA).
As a part of its expansion plans, the firm has hired Devika Mittal of...
Chainalysis Highlights Flawed Analysis in Assessing Crypto's Role in Terror Financing
19.10.2023
Blockchain analytics firm Chainalysis has raised concerns over the accuracy of recent reports regarding the extent of cryptocurrency's role in terrorist financing.
Following the recent Hamas attack in Israel, there has been increased scrutiny of how terrorist groups might be utilizing...
Aptos Resumes Network Activities After Five Hours; OKX and Upbit Temporarily Halt Transactions
19.10.2023
Layer 1 blockchain Aptos has announced normalcy to its operations following a five-hour outage that impacted trading activities including a temporary suspension from two exchanges.
The company disclosed a return to the status quo via a social media post on X (Twitter).
“The issue has since been...
Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’
19.10.2023
Police in the Central African Republic think they have captured one of the alleged masterminds behind an apparent rug pull that left “hundreds” of citizens out of pocket.
Investors, including high-level politicians, senior civil servants, and traders, say that the operators of a fast-growing...
US Treasury Imposes Sanctions on Crypto Exchange Linked to Hamas Financing
19.10.2023
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising.
The targeted exchange, known as Buy Cash, operates from Gaza and is alleged to have played a role in facilitating terror...
Russian ‘Crypto Queen’ Suspected of Sending Coins to Ukraine
19.10.2023
Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military.
Valeria “Bitmama” Fedyakina was detained by police in September after an “acquaintance” accused her of fraud.
She remains in custody, and a news network...
DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
19.10.2023
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.
Other participants in the round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels...
Prosecution in SBF Trial Reveal Telling Twitter Messages from Bankman-Fried
19.10.2023
The prosecution in Sam Bankman-Fried's landmark fraud case revealed several telling messages the fallen crypto founder had via direct message through Twitter.
The prosecution called investigative analyst for the Southern District of New York, Shamel Medrano, to the witness stand, where he...
Sen. Warren and 100 Other Lawmakers Question Biden on Terrorist Financing with Crypto
18.10.2023
Senator Elizabeth Warren (D-Mass.) has called on the Biden administration to address crypto's use as a terrorist financing tool. Her concerns were documented in a bipartisan letter signed by over 100 lawmakers, including Sen. Roger Marshall (R-Kan) and Rep. Sean Casten (D-Ill).
According to...