Celsius, the bankrupt crypto lending platform, has announced that it will distribute an additional $127 million to its creditors. This marks the second payout from its estate since its collapse. The payment will be funded through the "Litigation Recovery...
Cryptocurrency exchange XT.com, which handles daily trading volumes of $3.4 billion, has temporarily suspended withdrawals due to an incident involving an unusual transfer of assets from its platform wallet. On November 28, XT.com issued a statement explaining that the...
Two former Revolut employees, Joao Alves and Guilherme Gomes, have secured $2.3 million in pre-seed funding to launch Bleap. This self-custodial stablecoin application is integrated with a Mastercard debit card. We’ve raised $2.3M in pre-seed funding to build Bleap—a...
Steve Baker, former UK minister of state for Northern Ireland, has been approved for a part-time advisory role at Bitcoin-focused venture capital firm Axiom by the Advisory Committee on Business Appointments (ACOBA) after conducting a comprehensive background check. According...
OKX, a global leader in cryptocurrency exchange and Web3 technology, has officially launched its services in Belgium. This expansion allows residents to access a comprehensive ecosystem for trading and managing cryptocurrencies. Belgian users can now engage in spot trading...
Blockchain investigator ZachXBT has accused former professional Fortnite player and cybersecurity analyst Serpent of being involved in a series of memecoin scams that reportedly stole over $3.5 million in a recent thread on X. Serpent, an Australian individual and...
Hong Kong is strengthening its status as a leading offshore financial hub by introducing tax exemptions for private equity funds, hedge funds, and high-net-worth investors. These exemptions extend to profits derived from cryptocurrencies, private credit, and various alternative assets....
The U.S. Fifth Circuit Court of Appeals has overturned a Treasury Department decision to sanction Tornado Cash’s immutable smart contracts, declaring them beyond the scope of federal property laws. In a ruling issued on November 26, the court determined...
IDA Finance Hong Kong Limited and Quinlan & Associates have jointly released a report that examines the transformative potential of regulated stablecoins as reliable legal tender for real-world payments, both locally and globally. The report titled "From Digital Currency...
OKX has partnered with Forteus, a digital asset management firm, and Komainu, a regulated custody provider for digital assets, to deliver secure, efficient, and seamless trading solutions for institutional clients on the OKX platform. On November 27, OKX’s institutional...
