Bitget, a cryptocurrency exchange, announced that it had gained control of the decentralized BitKeep multi-chain wallet after investing $30 million in the project. The investment deal involves merging BitKeep Wallet with Bitget's commercial domain. This move will make it...
U.S. Republican Senator Ted Cruz has introduced a bill to prevent the United States Federal Reserve from launching a central bank digital currency (CBDC) for direct-to-consumer use. Cruz explained in a statement on March 21, 2023, that he introduced...
Russia-linked cryptocurrency exchange, Bitzlato, has partially restored user access to deposited funds. On March 20, the company announced that users could withdraw up to 50% of their assets that had been previously frozen due to enforcement actions by both...
OKX, the world's second-largest cryptocurrency exchange by trading volume, has published its fifth monthly Proof-of-Reserves (PoR) report. The report shows that OKX holds $8.9 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with reserve ratios of 103% for...
Arf, a regulated settlement banking platform in Switzerland, has partnered with the Stellar Development Foundation to offer a new financing solution for licensed financial institutions. This solution is the first in the world to offer unsecured, short-term financing options...
The Australian Prudential Regulation Authority (APRA) has requested local banks report on their cryptocurrency transactions and disclose their exposures to startups and crypto-related companies. The regulatory body is seeking to obtain a deeper understanding of potential risks and exposures...
On March 20, 2023, Coinbase, a cryptocurrency exchange based in the United States, submitted a petition to the U.S. Securities and Exchange Commission (SEC) challenging the classification of stakes as securities. Americans love their stake. Here’s why we need...
Jatinder Singh, the Crypto.com customer who was accidentally sent $10.5m million (AUD) from the exchange in 2021 and subsequently got sued by the exchange, has been granted bail by an Australian court. The prosecution attempted to persuade the Melbourne...
On March 21, 2023, ConsenSys announced a partnership between MetaMask and MoonPay, a web3 payment provider, to expand MetaMask's offering in Nigeria. The partnership will enable Nigerian users to purchase cryptocurrency tokens directly from their MetaMask wallets using regional...
According to reports, US officials are exploring the possibility of temporarily extending Federal Deposit Insurance Corporation (FDIC) coverage to all deposits in response to concerns raised by a group of banks about a potential financial crisis. The Treasury Department...
