New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s
The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.
Posts published on June 27, 2023 go to media archive 2/5
Ripple Thrives Despite Legal Battle – What’s The Market Reaction Of XRP?
Ripple is confidently addressing its ongoing legal challenges while actively exploring new opportunities to expand the capabilities of the Ripple platform. Although the exact role of XRP is still under scrutiny, notable signs suggest a growing…
Latin American Crypto Firm Ripio Approved to Operate in Spain as an Exchange
It’s the latest in a number of licenses to crypto companies granted by the Bank of Spain.
Nevada FID Files Court Petition To Place Prime Trust In Receivership Over Financial Woes
Nevada's Financial Institutions Division has taken legal action against Prime Trust LLC, filing a court petition to place the company in receivership. The Division cited concerns about Prime Trust's unsafe and unsound operations as well as its…
Russians Turned to Tether During Wagner Revolt
Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data…
BTC Continues Uptrend As Fidelity Plans To Submit Bitcoin Spot ETF Filing
Financial market titan Fidelity is reportedly preparing to throw its hat into the Bitcoin exchange-traded fund (ETF) ring. An insider source reveals that the asset management colossus is in the advanced stages of preparing a filing for a spot…
Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively.
Azuki 'Elementals' NFT Mint Sells Out in 15 Minutes, Raking in $38M
Existing Azuki and BEANZ holders got first dibs on minting the collection, which sold out before making it to public sale.
New Web3 ID app lets users find each other based on proven interests
Quivr allows users to connect multiple apps, including Spotify, Steam and Instagram, to generate behavior-based badges proving their interests.
TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
BLUR Up By 11% Following This Announcement
BLUR, the native token of the Blur NFT marketplace, saw a recent boost in its market price following a particular announcement. According to data by CoinMarketCap, BLUR has gained by 11.75% in the last 24 hours, emerging as one of the top gainers…
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million.
Ran Neuner Believes Blackrock’s Bitcoin ETF Could Double Price Next Year, Dismisses ‘Malicious Intent’ Speculations
Following Blackrock, the largest asset manager globally, filing for a spot bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Ran Neuner, host of Crypto Banter, stated during an interview with Michelle…
Over $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.
PEPE Coin Shines Among Top Gainers, Tallies 78% In Last Week
The Frog-themed meme coin, PEPE, has buckled up with high gains as the market sees recovery. The token bullishly rode on the positive wave of crypto community sentiments in the last week, adding 78% gains in seven days. PEPE’s rally coincides with…
Web3 Infrastructure Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases
The new API will allow users to create smart contracts and send NFTs via email, with the infrastructure to generate backend wallets for NFT collectors.
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Divisoin filed to appoint a receiver for crypto custodian on Prime Trust, the regulator announced on Tuesday.
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024.
Jack Dorsey Questions Apple's Tim Cook Over Bitcoin Support as Damus Deplatforming Looms
Apple cited violations of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.
First Leveraged Bitcoin ETF in U.S. Sees $4.2M in Trading Volume Since Debut
The ETF saw $500 million worth of trades in the first 15 minutes.
AX1 Syndicate Research on Global Regulatory Dynamics for Crypto
PRESS RELEASE. The AX1 syndicate has conducted an in-depth review of the latest legal developments in the cryptocurrency space, with particular attention to the regulations, exchanges, and tax implications for both the European Union and the United…
ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET.
Arbitrum (ARB) Rises 20% In A Single Week Amidst Massive Whale Activity
The Arbitrum (ARB) token has been on the rise lately, with a 20% price increase in the past seven days. The cryptocurrency is the native token of the Arbitrum network, which is a Layer-2 scaling solution for the Ethereum blockchain. This protocol…
Japanese and Singaporean regulators join forces on crypto pilot project
“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase.
Trader weighs in on possible Bitcoin price drivers for remainder of 2023
A popular name on Twitter, trader Michaël van de Poppe was interviewed for the 10th episode of Cointelegraph’s Crypto Trading Secrets podcast.
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
U.S. Judge Lewis Kaplan denied several of Sam Bankman-Fried's motions to dismiss criminal charges against him. He had previously denied the FTX founder's remaining motions to dismiss charges.
Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies
Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week’s EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the…
Insights Into MiCA, Europe's New Comprehensive Bitcoin And Crypto Regulation Framework
In a recent interview with Vishal Sacheendran, Director of MENA and Europe at Binance, he provided insights into the upcoming Markets in Crypto Assets (MiCA) regulation in Europe. Vishal, who previously worked for a financial regulator in Abu…
Gary Gensler is hurting the little guys for Wall Street
Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors.
3AC liquidators look to recoup $1.3B from founders
The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.