Search
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...
Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money
20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money....
Read More: Bank of England Project Finds CBDCs Could Introduce...
Deutsche Bank Applies For Crypto Custody License: Bloomberg
20.6.2023
Germany’s largest financial institution Deutsche Bank AG is seeking regulatory permission to operate a custodial platform to offer cryptocurrencies.
Deutsche Bank has filed for regulatory permission with German’s Federal Financial Supervisory Authority (BaFin) to offer crypto custodial services....
Japan's Crypto Exchanges Seek Looser Margin Trading Regulations for Growth
20.6.2023
Japan's crypto exchanges are seeking regulations that would allow retail investors higher leverage on margin trading.
Japan's Virtual & Crypto Assets Exchange Association revealed that the crypto exchanges in the country are seeking permitted leverage for retail investors of four to ten times. ...
Ethereum Blockchain Explorer Etherscan Unveils ChatGPT Integration in Code Reader – Game Changer for Developers?
20.6.2023
Artificial intelligence has found more utility in the blockchain ecosystem.
A Leading Ethereum blockchain explorer, Etherscan, has unveiled AI integration in its newly launched Code Reader beta version.
On June 19, Etherscan announced that its new Code Reader would combine OpenAI API...
Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
20.6.2023
The crypto industry crackdown spearheaded by the U.S. Securities and Exchange Commission (SEC) could be put to rest by a decades-old legal doctrine, according to one of the regulator’s previous advisors. ...
Read More: Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
FTX Spent Over $120 Million on Advisory Fees in Just Three Months as Bankruptcy Proceedings Continue
20.6.2023
The bankrupt crypto exchange FTX is facing escalating legal and advisory costs, recent filings submitted by the exchange’s bankruptcy advisors have revealed.
Judging from information in the filings, FTX's advisors billed the exchange a staggering $121.8 million in fees and expenses for the period...
eCash Alias: Tradable and customizable aliases for users
20.6.2023
eCash has introduced yet another robust feature with eCash Alias development to provide tradable and customizable usernames for eCash transactions. Users do not have to use complicated cryptocurrency addresses anymore, thanks to eCash Aliases development. Cryptocurrency has had a user experience...
Arkham integrates the TRON Network
20.6.2023
Arkham and TRON have further built on their partnership by completing the integration of the TRON Network into Arkham. This facilitates the users of Arkham to examine the activities on the blockchain. For TRON DAO, this ensures increasing transparency for all users. The community has responded...
Russia’s Ministry of Energy Pushes to Legalize Crypto Mining
20.6.2023
Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill.
Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic...
IMF Is Working Hard on a Global CBDC Concept, Director Georgieva Said: Bloomberg News
20.6.2023
International Monetary Fund Managing Director Kristalina Georgieva said that the agency is “working hard on a concept of global infrastructure” to make sure there is interoperability of settlements between digital currencies that are issued by national central banks, according to Bloomberg...
Washington DC Home Linked to Former FTX CEO May Have Been Sold
19.6.2023
A Victorian brownstone in Washington DC linked to former FTX CEO Sam Bankman-Fried may have been sold.
The four-bedroom home near Capitol Hill was listed on Realtor.com as “contingent,” meaning that an offer has been made and accepted, but some additional criteria needs to be met.
Cointelegraph...
Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit
19.6.2023
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...
Crypto Lawyer Kyle Roche Was the 'Victim of an Elaborate International Set Up' – Here's What Happened
19.6.2023
Disgraced crypto lawyer Kyle Roche fell “victim to an elaborate international setup” that caused him to expose himself as corruptly beholden to Avalanche founder Ava Labs, reported the New York Times on Sunday.
The setup, which destroyed Roche’s career as one of the biggest lawyers...
Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?
19.6.2023
Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance.
On June 9, the Nigerian Securities and Exchange Commission (SEC) ordered Binance to halt its operations of the local entity in the African country. ...
Binance Subsidiary Cancels Registration With UK Regulator
19.6.2023
Binance Markets Limited, a UK subsidiary of Binance, has canceled its registration with a UK regulator.
That came in a June 7 update from the Financial Conduct Authority that said the subsidiary is not allowed to “undertake any regulated activity in the UK.”...
Read More: Binance Subsidiary...
Terraform Labs Co-Founder Do Kwon Found Guilty of Using False Passports in Montenegro Court
19.6.2023
Terraform Labs co-founder Do Kwon was found guilty of using fake passports in a court in Montenegro on Monday.
Kwon along with Terraform Labs’ former Chief Financial Officer Han Chong-joon will serve four months in prison each, according to a statement released by the Podgorica Basic...
BGA prepares to host Sebastien Borget
19.6.2023
Blockchain Gaming Alliance is going to host Sebastien Borget, a co-founder of The Sandbox and president of BGA, in Hong Kong. The event is being held in partnership with The Sandbox and Club DAO, with an exceptional opportunity for participants to establish their network with industry leaders....
Binance Exits Dutch Market Following Unsuccessful Bid for VASP License
17.6.2023
Binance crypto exchange has decided to withdraw from the Dutch market following an unsuccessful attempt to obtain a virtual asset service provider (VASP) license from the Dutch regulator.
The platform is no longer accepting new users to register from the Netherlands....
Read More: Binance Exits...
Nansen Report: Crypto Exchanges Kraken, Bybit, and Bitget Gain Ground After FTX Collapse
16.6.2023
Smaller crypto exchanges such as Kraken, Bybit and Bitget are finally getting their time in the spotlight after their more dominant rival FTX collapsed last year, according to findings in a new report from blockchain analytics firm Nansen.
In the report, Nansen said the landscape for centralized...