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Russia's Sberbank Will Introduce DeFi Platform by May: Report
3.2.2023
The bank's blockchain product director believes DeFi will one day replace traditional banking services
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
3.2.2023
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized
UK Bank Nationwide Has Restricted Card Payments to Binance
3.2.2023
Nationwide said it has taken this decision due to "media coverage" and "regulatory uncertainty."
Binance Tells Indian Crypto Exchange WazirX to Withdraw Customer Assets Held in Its Wallets
3.2.2023
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration
Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX: Bloomberg
3.2.2023
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage
Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing
3.2.2023
Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said
Jack Dorsey-Based Social Network Nostr Gets Damus App Banned From China App Store
3.2.2023
A notification from Apple says that Damus “includes content that is illegal in China.”
Logan Paul Named in Proposed Class Action Suit for CryptoZoo ‘Rug Pull’ After CoffeeZilla Expose
3.2.2023
A suit filed in U.S. Courts in Texas alleges fraud, breach of contract, unjust enrichment, violation of deceptive trade practice law, and negligence over a token sale for a Web3 game that never materialized
Sam Bankman-Fried Negotiating Bail Conditions: Court Filing
3.2.2023
Bankman-Fried’s current bail conditions bar contact with current or former employees of FTX and Alameda Research, something that the disgraced founder is alleged to be doing
Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
3.2.2023
The bitcoin miner sold 1,500 bitcoins in January
MicroStrategy Books Impairment Charge of $197.6M on Q4 Bitcoin Holdings
2.2.2023
The business software company reported its fourth quarter results on Thursday afternoon
Crypto Winter Led to 91% Plunge in VC and Other Investments for January
2.2.2023
A CoinDesk analysis shows crypto startups only raised $548 million last month, and FTX’s full impact on industry fundraising likely remains to be seen
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
2.2.2023
Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
2.2.2023
State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a filing Thursday with the Securities and Exchange Commission (SEC)
BNY Mellon Names Caroline Butler CEO of Digital Assets
2.2.2023
Custodial banking giant BNY Mellon (BK) has promoted Caroline Butler to CEO of Digital Assets, the lender announced Thursday
Orion Protocol Loses $3M of Crypto in Trading Pool Exploit
2.2.2023
Crypto trading venue Orion Protocol is down $3 million after an apparent exploit drained pools
Kraken shuts down Abu Dhabi office: Report
2.2.2023
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition
Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally
2.2.2023
Barclays analyst said Coinbase volumes rose 56% in January from the previous month
Crypto Exchange Bittrex Laying Off More Than 80 People
2.2.2023
CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts
New York Bitcoin Miner TeraWulf Restructures Debt
2.2.2023
A slew of mining firms have restructured their debt loads while others are facing bankruptcy