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…
In a recent tweet, Paul Grewal, Chief Legal Officer at Coinbase, provided updates on the legal dispute between the cryptocurrency exchange and the Securities and Exchange Commission (SEC). Grewal's tweets…
Core Scientific, a struggling Bitcoin miner, has recently filed its Chapter 11 bankruptcy plan with the United States Bankruptcy Court for the Southern District of Texas Houston Division. The company,…
Deutsche Bank, a prominent German investment bank, has recently made a significant move in the crypto industry. The bank has officially applied for a license from Germany's financial regulator, BaFin,…
In a significant move towards enhancing its transaction capabilities, cryptocurrency exchange giant Binance announced on Tuesday that it has commenced the operation of nodes on the Bitcoin Lightning Network. The…