Riot Platforms expands operations with 33,000 new miners

Riot Platforms, a major bitcoin mining company, has invested $162.9 million to acquire 33,280 advanced Bitcoin miners for its Texas data center in anticipation of the 2024 halving event. To prepare for the upcoming halving cycle projected for mid-2024, Riot… дальше »

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Hongkong Gets More Attention, Now From Circle Stablecoin Issuer: Implications

Circle Internet Financial Ltd., a US-based stablecoin issuer, is closely monitoring the regulatory developments in Hong Kong following the implementation of new crypto rules. Circle CEO Jeremy Allaire expressed the company’s interest in Hong Kong as it aims to establish itself as a prominent hub for digital assets markets and stablecoins.  Allaire’s remarks came during […] дальше »

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Fireblocks Adds Support for Amazon Web Services, Google Cloud Platform and Alibaba Cloud

Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced Tuesday. дальше »

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OKX Liquid Marketplace Launches ‘Nitro Spreads’ Enabling One-Click Basis Trading for Institutional Clients

Dubai, UAE, June 27th, 2023, Chainwire OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace, an OTC, futures spreads and options liquidity network, allowing traders to make complex basis trades with simple one-click execution. дальше »

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OKX Liquid Marketplace Launches ‘Nitro Spreads’ Enabling One-Click Basis Trading for Institutional Clients

Dubai, UAE, June 27th, 2023, Chainwire OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace, an OTC, futures spreads and options liquidity network, allowing traders to make complex basis trades with simple one-click execution. дальше »

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Robinhood to axe 7% of full-time staff in latest round of layoffs: Report

Roughly 150 full-time employees are being laid off, according to internal company messages.

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U.S. Judge Rejects Binance.US Complaint Over SEC Press Release

A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial. дальше »

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$26 Million Worth Of Do Kwon’s Crypto Assets Frozen By Swiss Authorities Following His Prison Sentence

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Mining Company Hut 8 Secures $50M Loan From Coinbase

Hut 8 has secured a $50 million credit facility from Coinbase Credit for financial flexibility and manage their Bitcoin treasury management strategy effectively before the halving. The post Mining Company Hut 8 Secures $50M Loan From Coinbase appeared first on BeInCrypto. дальше »

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MetaBlaze Announces $4M Crypto Presale Sellout, Gaming Partnerships, and AI MetaChip NFT Drop

Dover, USA, June 26th, 2023, Chainwire MetaBlaze, a pioneering Web 3 Gaming, and AI Company, is building momentum as they approach its upcoming Q3 launch. Between strategic partnerships with household Crypto Gaming brands, a sold-out presale, and a never-before-seen AI-Integrated NFT collection, the MetaBlaze ecosystem is primed for its next evolution stage. дальше »

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KX Liquid Marketplace Launches 'Nitro Spreads' Enabling One-Click Basis Trading for Institutional Clients

OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new 'Nitro Spreads' feature on its institutional Liquid Marketplace. дальше »

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Bybit secures crypto exchange license in Cyprus

Bybit has been licensed as a cryptocurrency exchange and custody provider in Cyprus. Cyprus licensing comes as exchanges prepare for the coming MiCA regulation. The UAE-based company recently exited the Canadian market. дальше »

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Unconfirmed reports say Ripple considering buying back 10 billion XRP, skeptics doubtful

Rumors are circulating that Ripple, a San Francisco-based fintech company, may be considering a buyback of 10 billion XRP дальше »

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Is Ripple Considering Repurchasing 10B XRP? CTO Shares Insights

Ripple CTO David Schwartz has rebuffed claims that the crypto payment company repurchased 10 billion units of its XRP coin. The post Is Ripple Considering Repurchasing 10B XRP? CTO Shares Insights appeared first on BeInCrypto. дальше »

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Media giants appeal to overturn court decision to keep FTX user names redacted

A cohort of media houses filed an appeal on June 23 to overturn a bankruptcy court’s decision to redact the names of FTX users permanently. The publishing giants include Dow Jones & Company, Bloomberg, The New York Times, and the Financial Times. дальше »

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Market Regulator In Belgium Orders Binance To Suspend Crypto Services

In the most recent development, Belgium has joined the ranks of countries taking decisive action against Binance. The authorities have now issued an order demanding the cessation of services provided by the company. дальше »

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Bitcoin maximalist claims Ripple is a “ponzi scheme”

Bitcoin maximalist Max Keiser accuses Ripple of being a "Ponzi scheme" and says CEO Brad Garlinghouse's efforts to save the company are futile дальше »

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Robinhood Acquires Credit Card Startup X1, Will Its Crypto Trading Volume Be Improved?

Robinhood, a well-known cryptocurrency and stock trading website, plans to expand its products significantly. It intends to acquire X1, a credit card company. This $95 million decision promises to provide the company with an extra revenue stream and strengthen its existing user base. дальше »

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Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.

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US Supreme Court rules in favour of Coinbase

In a partisan ruling on June 23, the US Supreme Court ruled in favour of the cryptocurrency exchange Coinbase, putting an end to legal actions brought against it in two California cases. In the class-action lawsuits, the plaintiffs claimed Coinbase failed to offer adequate relief after users lost money and that the company had engaged […] The post US Supreme Court rules in favour of Coinbase appeared first on Invezz. дальше »

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SAP partners with Circle to explore cross-border payment systems

SAP, the prominent German software company, has embarked on cross-border payment testing by utilizing Circle's USDC stablecoin. дальше »

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Ethereum Staking Is Now Available in the United Kingdom on Gemini

Gemini, the Winklevoss-owned exchange, introduces Ethereum staking in the UK, enabling high-net-worth individuals and institutions to become Ethereum validators, despite the company facing a lawsuit from the US SEC. дальше »

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Circle and Sequoia were among top depositors at Silicon Valley Bank: Report

According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun. дальше »

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FTX Aims to Retrieve $700 Million from Associates and Related Investment Funds Linked to Bankman-Fried

FTX Launches Legal Battle Seeking $700 Million from Bankman-Fried’s Associates and Connected Investment Funds FTX, the cryptocurrency exchange, has taken legal action in the US Bankruptcy Court for the District of Delaware against several investment firms that were previously associated with the company before its downfall. дальше »

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Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk. дальше »

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Reddit hackers want $4.5m and ethical conduct from the company

A cybercriminal group known as BlackCat, also referred to as ALPHV, has issued a threat to release 80GB of compressed data stolen from Reddit during a security breach in February 2023. дальше »

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FTX files complaint to retrieve $700M from “super-networker” Bankman-Fried courted for connections

Bankrupt crypto exchange FTX filed a complaint with the court asking to retrieve $700 million from, Michael Kives, a high–profile networker approached by Sam Bankman-Fried, and a company he co-owned,  K5 Global, according to a June 22 court filing. дальше »

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Cybersecurity Firm Raises Alarm as 100K ChatGPT User Logins Found on Dark Web

Dark Web Leak Exposes Confidential Data as 100K ChatGPT Accounts Compromised, Warns Cybersecurity Firm A cybersecurity company has issued a grave warning after discovering that over 100,000 login credentials for the renowned artificial intelligence chatbot, ChatGPT, have been leaked and traded on the dark web. дальше »

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JPMorgan bank deploys JPM Coin for euro-denominated payments

German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin.

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Prime Trust Suspends Stably Withdrawals as BitGo Pulls Out of Acquisition Deal

The move comes at the same time as digital asset trust and security company BitGo announced its decision to terminate its acquisition of Prime Trust. The post Prime Trust Suspends Stably Withdrawals as BitGo Pulls Out of Acquisition Deal appeared first on BeInCrypto. дальше »

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Prime Trust cannot fulfill withdrawals, must stop accepting funds: Nevada C&D order

Financial regulators in Nevada issued a cease and desist order against Prime Trust on June 21 after monitoring the company for solvency. In an email to CryptoSlate, the Nevada Financial Institutions Division (NFID) said it monitored the solvency of Prime Trust prior to a possible acquisition or merger. дальше »

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Cryptopay EU card provider loses license, company says card funds are safe

The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet. дальше »

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Stably pauses withdrawals, minting after Prime Trust halts deposits

Stablecoin and trading firm Stably is temporarily halting numerous services on June 22 as it attempts to find new custodial partners. The company will pause deposits, withdrawals, and buying and selling on its cryptocurrency trading platforms, Stably Ramp and Stably Prime. дальше »

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CACEIS Bank secures France’s first crypto custody licence

CACEIS Bank is the asset servicing unit of Crédit Agricole and Santander. The company is registered as a Digital Assets Service Provider by France’s Financial Markets Authority. The approval allows CACEIS Bank to offer crypto custody services in a regulated environment. дальше »

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TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD. дальше »

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Huobi founder files lawsuit for trademark infringement

Li Lin's company, X-Spot Co. Limited, has taken legal action against Huobi Global, filing a trademark infringement lawsuit in the High Court of Hong Kong. дальше »

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Alibaba Group Announces Leadership Change: Crypto-Friendly Joseph Tsai to Take Over as Chairman

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BitGo backs out of deal to acquire Prime Trust

Cryptocurrency custodial company BitGo said it “has made the hard decision to terminate its acquisition” of rival firm custody Prime Trust, according to a June 22 tweet. BitGo stated it made considerable effort and worked to find a path forward with Prime Trust. дальше »

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Tether Launches Stablecoin on Kava Network

Tether, the company behind the widely adopted stablecoin USDT, has announced its launch on the Kava network. This move marks another milestone in Tether’s ongoing expansion across various blockchain networks. дальше »

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Radius Raises $1.7M to Revolutionize Rollup Technology and Combat MEV

Radius, a leading-edge blockchain company, has successfully raised $1. 7 million in a pre-seed investment round. The funding round was spearheaded by Hashed and saw participation from Superscrypt, Lambdaclass (Ergodic Fund), and Crypto. дальше »

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Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter

Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector. дальше »

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Polygon Labs launches AI chatbot called ‘Polygon Copilot’

Polygon Labs announced an AI assistant called Polygon Copilot on June 21. The company said that Polygon Copilot had been trained on protocol documentation. It provides personas that can explain this information to users with different levels of knowledge. дальше »

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Animoca brands partners with Celo to drive web3 adoption with focus on sustainability

Animoca Brands, a company responsible for advancing digital property rights for gaming and the metaverse, has announced its partnership with Celo, a carbon-negative blockchain ecosystem. дальше »

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Ledger Unveils New White Paper, 100% Secure Recovery Service For Crypto Investors

Ledger, the company behind popular cryptocurrency hardware wallets, has taken another step towards transparency and open-sourcing its development by publishing the Ledger Recover White Paper.  The White Paper details the technical specifications of Ledger Recover, a service that will allow users to back up and restore their Ledger device’s Secret Recovery Phrase. Related Reading: Canada […] дальше »

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Ticketmaster secures USPTO web3 trademark for online marketplace

Ticketmaster has received a web3 trademark from the USPTO, granting the company exclusive rights to operate online marketplaces for crypto-collectibles and non-fungible assets. дальше »

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Tether (USDT) set to go live on the Kava blockchain

Tether.to, the company in charge of USDT, the world’s largest stablecoin, has signaled plans to roll out the token on the Kava blockchain. дальше »

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Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund

Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call. дальше »

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French real estate company expands crypto payments offering 

Apsys, a France-based real estate company, has signed a partnership deal with local fintech Lyzi to enable customers to pay for purchases nationwide across all its shopping malls with crypto. Apsys, a company that owns, develops, and manages many real… дальше »

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Shares of Bitcoin miner Iris Energy surges after hashrate expansion

The company's shares rose by a whopping 18% within a day on Nasdaq, from $3.55 to $4.20. Iris Energy has three datacenters located in BC, Canada and one in Texas, U.S. which is the focus of theThe post Shares of Bitcoin miner Iris Energy surges after hashrate expansion appeared first on AMBCrypto. дальше »

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Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope

As Bitcoin mining firm, Core Scientific faces a significant challenge with the ongoing bankruptcy proceedings, it has taken a determined step towards ensuring its sustainability. The company recently submitted a Chapter 11 plan, a move that showcases its intentions to revamp its operations while satisfying the claims of its creditors. The Chapter 11 plan was […] дальше »

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