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Digital Currency Group Snaps Up British Crypto Exchange Luno


Barry Silbert. The New York-based crypto investor the Digital Currency Group (DCG) has announced it has taken over UK-based crypto exchange Luno for an undisclosed sum. DCG made an initial investment in Luno back in 2014, but the platform has continued to grow in recent years, setting up bases...

UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash


London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies....

Insight into China’s CBDC after Digital Yuan Wallet Briefly Went Live


Experts have been looking into a soft-launched digital yuan wallet that went live briefly late last month – and said they have uncovered important technical details, and possible usage scenarios. The state-owned China Construction Bank (CCB), one of the biggest commercial banks in the world...

Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO


After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether


A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

SBI Plans Blockchain-based Digital Securities Exchange Launch


Yoshitaka Kitao. Japanese financial giant SBI Holdings has announced plans to launch blockchain technology-powered digital securities exchanges. Per Nikkei, the plan is the brainchild of SBI’s chief executive Yoshitaka Kitao. The CEO is also the head of Japan’s largest and fastest-growing...

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