Category : Blockchain

Blockchain

DBS Bank to Expand Crypto Services to Hong Kong

As Hong Kong strives to become a digital asset center, Singapore state-owned megabank DBS Group plans to extend its crypto platform there. (Read More)

Huobi to Discontinue Cloud Wallet Service in May 2023

Huobi Cloud Wallet will be shut off in May 2023 once Feb. 13 upgrades and maintenance end. (Read More)

U.S. District Judge Kevin Castel Grants Request to Defer civil cases

On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins. (Read More)

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines. (Read More)

Paxos Trust Company Disagrees With U.S. Securities

Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities. (Read More)

Binance, Circle, and Paxos Receive Regulatory Scrut

Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance's reserves were inadequate to sustain its currency. (Read More)

Bakkt to Shift Focus to B2B Technology Solutions

Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform. (Read More)

Blender is relaunched as Sinbad

Elliptic, a crypto risk management organization, hypothesized that Blender renamed to Sinbad to "earn confidence from users" and escape fines. (Read More)

CBUAE Plans to Launch Central Bank Digital Currency

The government plans a uniform, rapid card payment platform. (Read More)

MetaMask Warns Investors Against Phishing Attempts by Scammers

MetaMask informed customers that it never emails account data or collects KYC information. (Read More)

Ethereum Co-Founder Vitalik Buterin Donates 50 ETH

Vitalik Buterin donated crypto to Turkish disaster aid. (Read More)

$46 million in ill-gotten crypto on the move again

The Wormhole hacker transferred another $46 million to MakerDAO to take advantage of arbitrage profits. (Read More)

Eddy Alexandre Pleads Guilty to Commodities Fraud

After pleading guilty to stealing $248 million from investors, EminiFX CEO Eddy Alexandre might serve 10 years in jail. (Read More)

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected. (Read More)

Nexo to terminate yield-bearing product after paying $45 million

Nexo Capital's cryptocurrency yield-bearing product is being shut down in the US following a multi-million dollar settlement with the SEC and NASAA. (Read More)

Coinbase Executives Stand Up for Crypto Staking Services

Crypto trading Coinbase officials deny its crypto staking services are securities. (Read More)

Silvergate Capital Corp. is the second-most-shorted stock

Silvergate Capital Corp., a crypto bank, has seen its shares fall 87% in the last year, but speculators believe it has further downside. (Read More)

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate

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Binance Announces Upgrade to Proof-of-Reserves Verification

Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency. (Read More)

SEC Chair Gary Gensler Called Out by House Representatives Over FTX

Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest. (Read More)

Secret Network to Restructure as Nonprofit with 'Transparent Operation'

Two Secret Network-promoting groups argued publicly before the vote. (Read More)

Deposit Coins May Be the Best Blockchain Option for Commercial Banking

JPMorgan Chase and Oliver Wyman produced a deposit token study for blockchain-based commercial banking. (Read More)

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Tether has recruited a Wall Street company to handle its Treasury holdings. (Read More)

FTX's Physical Assets in the Bahamas

FTX Digital's liquidators bought 52 homes, $2.4 million in cars, and 13 storage facilities, according to an affidavit. (Read More)

BAYC Copycat NFT Collection's Founder Files Opposition being filed

Despite the objections, Yuga Labs expects the 10 trademark applications to be approved. (Read More)

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