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Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
18.7.2023
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
18.7.2023
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
18.7.2023
he crypto-focused firm has also cut three members of its research and development staff
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
18.7.2023
"I personally bought about a quarter of the new Telegram bonds," said Pavel Durov, the CEO of the popular but not-yet-profitable platform
Arkham's Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad
18.7.2023
Blockchain analytics firm Arkham Intelligence's native token (ARKM) is trading at $0.74 with a $107 million market cap after it was issued to beta testers and Binance launchpad participants
Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
18.7.2023
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
18.7.2023
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings
Binance Ends Argentina’s Soccer Association Partnership Citing Lack of Compliance
17.7.2023
Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena
17.7.2023
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023
Binance Slashes Worker Benefits as Profit Falls: WSJ
17.7.2023
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal
Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature
17.7.2023
The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank.
According to a Bloomberg article citing sources familiar with the matter, the bank is partnered with hundreds of crypto companies, with a wave of new clients coming in after the collapse...
Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses
17.7.2023
Hector Network's HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom
RBI and the Central Bank of the UAE exchange two MoUs
17.7.2023
The middle days of July have come with a lot of highlights for the relationship between India and the UAE. As a brief background, the Prime Minister of India was on a trip to the UAE, where he met the Crown Prince of Abu Dhabi – Zayed Al Nahyan. The purpose of the trip was …
1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance
17.7.2023
The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021
Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan
17.7.2023
The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said
Cathie Wood's ARK Sells Another $50.5M Coinbase Shares
17.7.2023
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
14.7.2023
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Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
14.7.2023
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said
Binance Cut 1,000 Workers in Recent Weeks: WSJ
14.7.2023
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
14.7.2023
Trading XRP on Binance.US began Friday