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Investment Firm Republic Buys Stake in Crypto Broker-Dealer INX at $50M Valuation
19.6.2023
Republic will acquire around a 9.5% stake in INX following the initial investment, with a commitment to acquire of 100% of equity at a valuation of $120 million as early as Q3 this year
Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
19.6.2023
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon
UK Financial Watchdog Cancels Binance Permissions on Firm's Request
19.6.2023
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country
BNB Chain Releases Layer 2 Testnet Based on Optimism's OP Stack
19.6.2023
Developers expect the opBNB blockchain to reach speeds of 4,000 transactions per second at a targeted cost of 0.005 U.S. cents per transaction
IMF Official Presents Blueprint for Cross-Border CBDCs
19.6.2023
The international organization wants to help cut the cost of cross-border transactions, without abandoning compliance checks or capital controls
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses
19.6.2023
Bitcoin consolidated Monday, after recovering recent losses over the weekend, setting the stage for a potential rally this coming week. Price traded close to a one-week high on Monday, marginally below a key resistance level. Ethereum also rebounded, and is now hovering near a support point of...
First Mover Americas: Bitcoin Trades Flat, Altcoins Nurse Losses
19.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether
19.6.2023
Low validator limits have led to waiting times of over one month, as of Monday
Bitcoin Could Benefit From These 3 Bullish Tailwinds
19.6.2023
The path of least resistance for bitcoin may be on the higher side due to inter-market factors, optimism from BlackRock's ETF filing and safe haven flows
Latam Insights — Petro Liquidation Imminent, Ripple Partners With Colombian Central Bank
19.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, reports indicate that the Venezuelan government will liquidate the petro, Ripple partners with the Central Bank of Colombia, and Brazil issues...
How to Recover a Lost PIN Number for a Trezor Hardware Wallet – KeychainX Expert Explains
19.6.2023
Storing your digital assets on a cryptocurrency hardware wallet such as Trezor is considered to be one of the safest ways to secure your funds. If you have lost your PIN number to access it however, you might be afraid your money is completely gone as there is no-one else that can remember it...
France's Markets Regulator Backs Global Rules for DeFi
19.6.2023
The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
China and Malaysia to Research AI for Blockchain Applications in Trade
19.6.2023
Blockchain developers from Malaysia will be working with Chinese colleagues to utilize artificial intelligence (AI) in foreign trade. The collaboration, which is part of a China-led international research program, aims to speed up cross-border transactions. Malaysia and China to Conduct AI Research...
Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America
19.6.2023
The bank said it expects blockchain infrastructure and tokenization to transform financial and non-financing infrastructure and markets over the next five to 10 years
Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M
19.6.2023
The total value locked has increased by 12% in one week, according to data source L2Beat
Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan
19.6.2023
The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said
Floxypay Aims to Empower its Community Through Native Token Launch
19.6.2023
PRESS RELEASE. Floxypay, the leading one-stop solution for cryptocurrency enthusiasts, is excited to announce the launch of its native ERC20 token, FXY. As the backbone of the Floxypay ecosystem, FXY brings a new level of convenience, profitability, and security to users navigating the digital...
Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
19.6.2023
Musk had previously engaged with the Bob token bot several times, aiding a value rise
Ripple CEO Brad Garlinghouse: Former SEC Official William Hinman Received ‘Millions of Dollars’ From Law Firms With a ‘Vested Interest’ in His Speech
19.6.2023
Ripple CEO Brad Garlinghouse has blasted the enforcement approach of the U.S. Securities and Exchange Commission (SEC) after the release of the Hinman docs, which contain internal discussions that the institution had before the now famous 2018 speech offered by former SEC Division of Corporation...