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BlackRock Close to Filing for Bitcoin ETF Application: Source
15.6.2023
BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said
Mining Pools Are the New Mixers For Cybercriminals: Chainalysis
15.6.2023
Hackers have a new way to recycle their ill-gotten crypto gains
Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
15.6.2023
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
15.6.2023
The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool
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
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...
DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet
14.6.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has deployed its restaking protocol on the Ethereum mainnet, according to a press release
Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack
14.6.2023
FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
14.6.2023
The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn't continue to recede
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
14.6.2023
The payments processor also cited crypto market conditions as a reason for the exit
Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
14.6.2023
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks
Strike Expands Lightning-Powered Cross-Border Payments to Mexico
14.6.2023
The company says Mexico is the largest market for remittances from the U.S
Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
14.6.2023
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining
Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
14.6.2023
The startup provides actionable non-fungible token (NFT) data for enterprises and developers
Florence Finance to launch its RWA platform on Arbitrum
14.6.2023
Following a lot of deliberations, Florence Finance has finally gone in to deliver its RWA platform on the Arbitrum Goerli Testnet regarding the initial testing phase. Thereafter, the company’s plans are laid out for launching the platform on the Arbirum mainnet. Through this, the company will...
No Billion Crypto Users Without ‘Wallets That Work Like Modern Technology’ — Binance Head of Product
14.6.2023
While the blockchain and decentralized finance are often touted as the future of finance, according to Binance’s head of product Mayur Kamat, more people will become comfortable using these when there are crypto “wallets that work like modern technology.” For Kamat, an early...
Prime Trust Unit Banq Files for Bankruptcy
14.6.2023
Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner
Sturdy Finance DeFi Protocol Faces Exploit, Loses More Than $750,000
13.6.2023
Decentralized finance (DeFi) protocol Sturdy Finance has been exploited, but the team has promised that no further action will be taken against the hackers if the money is returned.
Writing on Twitter on Tuesday, Sturdy Finance founder Sam Forman said his team has told the exploiter that they...
House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
13.6.2023
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
13.6.2023
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such...