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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance
27.10.2020
The crypto industry records another major acquisition in 2020
New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...
Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer
5.8.2020
Plaintiffs as the court to authorize communication via email and Twitter to Status co-founders as part of a class-action lawsuit over SNT’s ICO
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Centre Obliges Government Request, Freezes Address With $100,000 USDC
9.7.2020
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement.” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on...
Crypto.com to Refund Clients As Wirecard’s Card Issuer Told to Cease Operations
26.6.2020
Card issuer Crypto.com is refunding 100% of customer balances as the U.K. regulator orders Wirecard Card solutions to cease operations
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Crypto.com’s Card Issuer Wirecard Files for Bankruptcy
25.6.2020
Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal
Troubled Debit Card Issuer Wirecard Files for Insolvency
25.6.2020
Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal
18.6.2020
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet
Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
18.6.2020
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves
Turkish Stablecoin Issuer Predicts New Blockchain Regulations
14.6.2020
The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year
Japan’s Top Credit Card Issuer Building Blockchain Payment System
18.5.2020
JCB’s partner in the venture, TECHFUND, offers services to accelerate the adoption of blockchain technologies for startups
MakerDAO Users Sue Stablecoin Issuer Following ‘Black Thursday’ Losses
14.4.2020
A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
3.3.2020
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies
Coinbase Becomes Direct Visa Card Issuer With Principal Membership
19.2.2020
Coinbase is the first crypto company to be offered principal membership with Visa, allowing it to issue its own cards
USD Coin Issuer Circle Sells Another Business + More News
12.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
M&A news
Voyager Digital Canada, the operator of U.S. digital asset broker Voyager and the Ethos Universal Wallet, said it...
Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm
31.1.2020
Luxembourg financial watchdog CSSF warns against a crypto firm claiming to be headquartered in the country