According to a local report, Binance has been denied a crypto custody licence by Germany's financial watchdog, the Federal Financial Supervisory Authority (BaFin). Earlier this year, Binance underwent a change in leadership in Germany, with Jonas Jünger taking...
Goracle has reached a major milestone with the successful launch of its highly anticipated Initial DEX Offering (IDO) and the introduction of the GORA token on June 28, 2023. This launch represents a pivotal moment for Goracle, as...
Chibi Finance, a recently launched DeFi project, has been accused of orchestrating a "rug pull" and disappearing with approximately $1 million in customer deposits. An on-chain investigation conducted by PeckShield revealed that 555 ether (ETH) from the platform's...
Tom Mutton, the director of FinTech at the Bank of England (BoE), has disclosed why the central bank might explore alternatives to blockchain as the underlying technology of its CBDC program. In an interview with Bloomberg UK, Mutton...
Prominent financial institutions in the United States, including BlackRock, Fidelity, Bank of America, JP Morgan, Morgan Stanley, Goldman Sachs, BNY Mellon, and Invesco, are making their entry into the digital asset space. These institutions, which collectively manage an...
Riot Platforms, one of the world's largest Bitcoin mining businesses, has made a significant investment of $162.9 million to purchase 33,280 "next-generation" miners from MicroBT, a leading supplier of mining equipment. The company announced this development on June...
FTX Debtors, released their second investigative report on June 26, 2023, and it contains allegations of misappropriation of funds and extravagant spending on unrelated projects by former executives of the bankrupt company. The report focused on the misuse...
Jeremy Allaire, the CEO of Circle Internet Financial Ltd, has expressed the company's keen interest in Hong Kong's ambitions to establish itself as a leading hub for stablecoins and digital asset markets. During an interview with Bloomberg Television...
Canadian cryptocurrency startup Hut 8 Mining has secured a $50 million credit line from US-based exchange Coinbase. Hut 8 announced this development on June 26, 2023, after it completed the credit agreement with Coinbase Credit, the lending division...
Binu Paul, the former head of digital assets at the United Kingdom Financial Conduct Authority (FCA), has left his position at the regulatory agency after less than a year. According to information on his LinkedIn profile, Paul officially...
