Standard Chartered's venture capital arm, SC Ventures, has joined forces with Japanese financial conglomerate SBI Holdings to establish a $100 million digital asset investment fund in the United Arab Emirates (UAE). The collaboration, as revealed in a press...
Spain's top financial regulator, the National Securities Market Commission (CNMV), has taken action against Miolos Desarrollos S.L., a crypto firm, for violating the country's advertising and promotion rules related to cryptocurrencies. The CNMV announced these disciplinary proceedings through...
Swiss crypto bank SEBA's Hong Kong subsidiary has received a full operating licence from the region's financial regulator, the Securities and Futures Commission. The crypto bank announced this development in an official statement on November 8, 2023. According...
Binance has launched a new Web3 wallet service that simplifies and secures user engagement with Web3 technologies, such as DeFi and dApps, for its vast user base of over 140 million. The crypto exchange announced this development at...
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...
