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JPMorgan to Open Blockchain Innovation Lab in Greece


Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development...

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower


Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...

Binance, Huobi Freeze $1.4m Worth of Crypto in ‘North Korea-linked’ Wallets


The crypto exchanges Binance and Huobi have frozen “North Korea-linked” wallets containing “approximately $1.4 million in cryptoassets.” Per a blog post from the blockchain analytics firm Elliptic and a report from MBC, the coins “originated from the June 2022 hack of Harmony’s Horizon Bridge.”...

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows


Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...

Several Crypto Exchange Websites Taken Down in Kazakhstan


Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After...

Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon


You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly...

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