Michael Novogratz's digital bank Galaxy Digital is on track to become the leading validator in the Solana network, overtaking Coinbase as the largest validator. This development, first highlighted by Helius CEO Mert Mumtazin in a recent social media...
DeFi Technologies Inc., a Canadian company issuing DeFi exchange-traded products (ETPs), has vehemently denied allegations of questionable practices aimed at artificially inflating its stock price. The response comes after a report from the crypto-focused newsletter CoinSnacks, which accused...
India's Financial Intelligence Unit (FIU) has fined Binance over 188.2 million rupees (approximately 2.25 million USD) for failing to register and comply with the country's anti-money laundering (AML) regulations. The FIU announced that Binance violated multiple AML rules...
National Australia Bank, one of the four largest banks in Australia, has made a significant investment in Zodia Custody, a digital asset custodian focusing primarily on institutional clients. The company announced today, June 19, 2024, that NAB Ventures,...
Starting June 21, Iran's Central Bank Digital Currency (CBDC), the digital rial, will be accessible to banking customers and tourists on Kish Island for domestic micropayments. Kish Island, Iran's second-largest island in the Persian Gulf, will serve as...
North Dakota's financial regulator has revoked Binance.US's money transmitter license, making it the seventh state to take such action. Lise Kruse, Commissioner of the North Dakota Department of Financial Institutions (DFI), announced that BAM Trading Services, operating as...
Crypto venture capital firm Pantera Capital has tipped Solana to take advantage of Ethereum's dominance shifts in the crypto market. In its latest newsletter to investors, the Menlo Park-based firm noted that Ethereum's dominance "appears to be yielding...
Today, June 19, 2024, Blockchain firm Consensys announced in a post on X that the U.S. Securities and Exchange Commission (SEC) had closed its investigation into Ethereum 2.0, marking it a significant milestone for the second-largest cryptocurrency by...
Prosecutors in Taiwan have reportedly charged a man with using the crypto betting platform Polymarket to place bets on the country's 2024 elections, which concluded on June 13. According to local reports, the Shilin District Prosecutor's Office identified...
David Hirsch, the Chief of the Crypto Asset and Cyber Unit at the US Securities and Exchange Commission (SEC), has left the agency after nearly nine years of service. Hirsch announced his departure on LinkedIn yesterday, June 17,...
