Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000...
Year: 2023
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...
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...
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. Digital asset...
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. A...
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...
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...
Trillion-Dollar Financial Institutions Look To Adopt Crypto
Prominent financial institutions in the United States, managing a staggering $27 trillion in assets, are actively exploring opportunities to provide...
Web3 firms are spending up to $25M on HK crypto licenses: Report
VASP expenditures vary between 20 million and 200 million Hong Kong dollars as firms scramble to find Web3 talent for...
Mythical Games raises $37M for in-game marketplace in Series C round
The company expects to raise another $20-$30 million when the full round closes in the coming months.
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...
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...
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. Even the most...
3AC liquidators look to recoup $1.3B from founders
The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation....
The Advantages of Crypto Slots: How to Play with Trust and Convenience
One emerging trend that has significantly reshaped online casinos is the integration of digital currencies, particularly in slot games -...
