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SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny

30.11.2023
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company announced that it would terminate its cryptocurrency trading services for users by December...

Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’

29.11.2023
The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions

Binance will end support for BUSD stablecoin in December

29.11.2023
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31

Massive Game Microtransaction Company Sounds Super Shady

29.11.2023
The live-service video game economy runs on microtransactions, and Xsolla is one of the companies that helps process them. The payment platform works with Epic Games, Unity, Roblox, and others to collect money from players all over the world. Now a new lawsuit alleges that Xsolla has mishandled...

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

29.11.2023
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February

Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup

29.11.2023
The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network

Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com

29.11.2023
Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars

Bitcoin Buyer Quietly Accumulates $424M of BTC in Three Weeks

29.11.2023
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy

2024 Will Be the Year Tokenization Truly (Finally) Begins

29.11.2023
After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Companies

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

29.11.2023
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi

29.11.2023
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024

Republic to List Profit-Sharing Digital Security Token on INX Next Week

29.11.2023
The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation

Today in Crypto: Toniq Launches ‘First Ordinals-Specific NFT Marketplace Built on Bitcoin L2’, Neobank Brighty Reveals European B2B Platform Brighty Business

29.11.2023
Source: AdobeStock / sipgus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ NFT news Toniq, a company building professional tools and services on the decentralized web, today announced the launch...

Santander Selects Crypto Custody Firm Taurus for Safeguarding: Source

29.11.2023
Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

29.11.2023
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating

A collectible Axie reward system, Fortune Slips, goes live!

29.11.2023
Fortune Slips, an experimental reward system for collectible axies from Atia, is now operational and accessible via the App.Axie. An initial digital collectible featuring Axie will be released soon; this item will undergo constant changes as the play progresses. This testing was conducted utilizing...