Australian cryptocurrency exchange Swyftx and share trading platform Superhero have cancelled their planned merger due to increased regulatory pressure from the government. The proposed merger, which was announced in June, was set to create a A$1.5 billion "digital...
Most Twitter users have spoken, and they want billionaire entrepreneur Elon Musk to step down as the head of the social media platform. In a recent poll on Twitter created by the billionaire, approximately 17.5 million responded, with...
Sasha Ivanov, the founder of Waves, a decentralized and open-source blockchain platform, has announced plans to unveil a new stablecoin. Ivanov announced on Twitter on Tuesday, stating that he will be introducing the new coin, which he promised...
Bankrupt cryptocurrency lender, BlockFi, has requested approval from a U.S. court to allow its customers to withdraw their funds currently locked on the platform. According to court documents filed on Monday with the U.S. Bankruptcy Court for the...
Voyager Digital, the cryptocurrency lender that filed for bankruptcy earlier this year, announced that Binance.US would acquire its assets for $1.022 billion. This bid includes the fair market value of Voyager's cryptocurrency portfolio, currently valued at around $1.002...
Nigeria is considering a new bill that would recognize cryptocurrencies as capital for investment purposes and outline the supervisory roles of the Central Bank of Nigeria and the Securities and Exchange Commission (SEC) concerning digital currencies. The Investments...
The growing use of cryptocurrencies has led to a higher demand for insurance coverage for digital currency traders and exchanges. However, recent events have left many in the industry without sufficient protection. Insurance companies have reportedly denied or...
The Digital Currency Group (DCG), a strategic investor known for using its connections to generate profits for clients, is reportedly facing liquidity issues of its own. According to a report, the company has temporarily halted repayments until the...
The US Securities and Exchange Commission (SEC) has again denied Grayscale's application to launch a bitcoin exchange-traded fund (ETF). According to court records and a report from the Financial Times, the SEC cited concerns about fraud and manipulation...
Mazars Group, the company responsible for auditing Binance and Crypto.com, has announced that it will suspend its work with cryptocurrency businesses. According to a spokesperson at Binance, Mazars has indicated that it will pause its work with all...
