In a bold move that has sent shockwaves throughout the crypto ecosystem, Seraphim Czecker, a DeFi expansionist at Lido Finance, has submitted a groundbreaking proposal to Mantle, a prominent Layer…
Financial regulators in Nevada have taken decisive action against Prime Trust, a prominent financial institution, as they issued a cease and desist order on June 21. The Nevada Financial Institutions…
In a surprising turn of events, Alameda Research, the hedge fund arm of the once-prominent FTX empire, is demanding the return of $700 million from founder Sam Bankman-Fried. The funds…
Binance.US, the American subsidiary of cryptocurrency exchange Binance, has declared that it has resolved the issues related to U.S. dollar withdrawals. The company stated that it has worked with its…
Crypto custodian Prime Trust has been compelled to suspend deposits and withdrawals of both fiat and cryptocurrencies following an order from the Nevada Financial Institution Division (NV FID). This regulatory…
Core Scientific, a leading Bitcoin mining company, has taken a momentous stride towards financial recovery by seeking Chapter 11 bankruptcy protection. The United States Bankruptcy Court for the Southern District…
Singapore's central bank and regulatory authority, the Monetary Authority of Singapore (MAS), has granted in-principle approval for a Major Payments Institution License to Ripple, a global blockchain technology company, media…
In a significant development for the Polygon ecosystem, engineers at Polygon, a leading Ethereum scaling team, have unveiled a proposal to transform their Proof-of-Stake (PoS) sidechain into a rollup-like zero-knowledge-powered…
In a recent interview, Stephan Lutz, the acting CEO and group CFO at 100x Group, the parent company of BitMEX, shared his perspective on the alleged trading desk shenanigans at…
Tether, the leading stablecoin issuer, has expanded its multi-chain presence by launching its USDT stablecoin on Kava, a Layer 1 blockchain built on the Cosmos network. This move aims to…