Bankrupt crypto lender, Celsius Network, announced yesterday that it had begun allowing withdrawals of client assets from its platform. This development is a significant step towards repaying its customers' money. However, withdrawals are only permitted from certain custody...
A recent document released by Ripple and the United States Faster Payments Council revealed that 97% of world leaders believe that cryptocurrency and blockchain technology provides a better system for payments and transactions. Over 300 payment leaders from...
South Dakota, a midwestern state in the United States, has proposed an amendment to House Bill 1193, titled "An Act to amend provisions of the Uniform Commercial Code," Section 1. The proposed amendment seeks to clarify the definition...
Binance, a leading cryptocurrency exchange, has announced its plan to apply for a license in Singapore for its custodial arm, Ceffu. According to a report from Nikkei Asia, Binance is seeking a Capital Markets Service license to offer...
Deribit, the world's largest Bitcoin and Ethereum options exchange by trading volume, has announced its intentions to offer Bitcoin volatility futures. Luke Strijers, Deribit's Chief Commercial Officer, told verifiable sources today, March 1, 2023, that users would be...
During a network software upgrade on February 25, 2023, the Solana blockchain experienced a slowdown in block finalization, which resulted in transaction failures. In a bid to rectify the situation and offer a quick fix, the developers downgraded...
Daleep Singh, a former deputy national security advisor for international economics for the United States, stated during a Senate Banking Committee hearing on February 28, 2023, that the creation of a Central Bank Digital Currency (CBDC) would have...
Binance CEO, Changpeng Zhao (CZ), has debunked a Forbes article about the exchange. He posted a Twitter thread labelling the report as Fear, Uncertainty, and Doubt (FUD). Yesterday morning, Forbes published an article claiming Binance transferred $1.8 billion...
Alchemy Pay, a fiat-crypto payment solution, has obtained a license from the Central Bank of Indonesia to remittances and fund transfers in the country. It was announced via the company's Twitter handle today, the 27th of February, 2023. ...
PeckShield, a blockchain analytics platform, spotted the exploiters of LendHub Protocol moving 2415 ETH, worth $3.86 million, into Tornado Cash during the early morning hours of today. The criminals sent the money in the hundreds of ETH, and...
