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Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Moonvember kicks off with sweeping staff layoffs across crypto
4.11.2022
There are still pockets of hope however, with some companies looking to expand despite the market conditions
'Everything is fine' — Gala Games calls for calm after fears of multi-billion dollar hack
4.11.2022
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
4.11.2022
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
4.11.2022
Canada to examine crypto, stablecoins, and CBDCs in new budget
4.11.2022
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation
Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%
4.11.2022
The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents
$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard
4.11.2022
Routing protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE."
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
4.11.2022
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say: ‘Ok, our government...
Digital asset platform Bakkt set to acquire Apex Crypto for $200M
3.11.2022
The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings
Developers need to stop crypto hackers — or face regulation in 2023
3.11.2022
One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone
Quebec's energy manager to seek government approval to stop powering crypto miners
3.11.2022
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms
Santander UK limits crypto transactions for its customers
3.11.2022
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
3.11.2022
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world
Coinbase Deal Shows Google Is Committed to Crypto – How Much Depends on Whom You Ask
3.11.2022
Santander UK Puts Limits on Payments to Crypto Exchanges
3.11.2022
The bank takes note of the risks of investing in crypto and rising crypto fraud
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
3.11.2022
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
3.11.2022
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding...
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
3.11.2022
The crypto exchange’s transaction revenue fell 44% from the second quarter