South Korean telecommunications giant SK Telecom has joined forces with blockchain firm Aptos on its ongoing project with Atomrigs Lab to develop a web3 wallet service. The company announced this development in an official statement via a LinkedIn...
Canadian bitcoin mining company, Hut 8 Mining Corp., has issued an update on its merger with the U.S. Bitcoin Mining Corporation (USBTC). In a press release published on November 6, 2023, the company announced that it had filed...
The management of the bankrupt cryptocurrency exchange FTX has requested approval from a Delaware bankruptcy court to sell some trust fund assets valued at approximately $744 million. The targeted trust funds assets include holdings managed by two reputable...
Sam Bankman-Fried, founder and former CEO of FTX, has been found guilty of all seven charges brought against him by federal law enforcement authorities in a Manhattan Federal Court on Thursday, November 2, 2023. After a month-long, the...
In the last ten years, cryptocurrency mining has been something reserved for a select class of people in the cryptocurrency industry. This is primarily due to the substantial computational power needed, which in turn requires expensive and sophisticated...
Fireblocks, a US-based cryptocurrency custody firm, has acquired BlockFold, an Australian startup specializing in smart contract development for tokenization projects, in a deal valued at an estimated $10 million. The acquisition represents a significant move by Fireblocks to...
The Hong Kong Police has detained four more persons suspected to be connected to the JPEX crypto exchange fraud case. During a press conference held on Friday, September 29, 2023, it was announced that two of the suspects...
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have completed a collaborative experimental test focused on cross-border trading and settlement involving wholesale central bank digital currencies (CBDCs). According to a report...
Binance, on Thursday, September 28, 2023, announced that there would be a brief interruption of euro (EUR) payments due to Paysafe's unilateral decision "to stop processing EUR deposits" for the exchange's users. The exchange stated that Paysafe users...
Popular cryptocurrency exchange Kraken has marked a significant stride in its European expansion drive. On September 26, 2023, the exchange announced that it had secured licencing approvals from the Central Bank of Ireland and the Bank of Spain....
