Uniswap, a decentralized exchange that offers financial services based on the Ethereum blockchain, has officially launched on Binance Smart Chain (BNB) after a successful proposal vote. The proposal was put forward by…
KuCoin Ventures, the investment arm of cryptocurrency exchange KuCoin, has invested $10 million in CNHC, a Chinese yuan-pegged stablecoin issuer and blockchain-based payment service provider. The funding round also included KuCoin’s investor…
The UK government has announced that taxpayers will need to separately report their cryptocurrency holdings on their tax returns, a move that is expected to generate an additional 10 million British pounds…
Credit Suisse, Switzerland’s second-largest bank, has suffered a significant drop in its share value after its largest investor, Saudi National Bank, withdrew financial support due to regulatory constraints. The bank lost almost…
Cryptocurrency exchange Coinbase has partnered with Standard Chartered to allow customers in Singapore to transfer funds to and from their accounts via local banks. The move is part of Coinbase’s international expansion…
Coinplay is a licensed crypto gambling and betting platform that offers a wide range of sports and esports events to bet on, as well as slots and live games. Launched in November…
New York’s Department of Financial Services (NYDFS) denied that it closed Signature Bank due to its involvement in cryptocurrency. According to a spokesperson, the decision to close the bank was made based…
In response to the controversy surrounding the USDC stablecoin, Binance, the world’s largest cryptocurrency exchange, has converted its $1 billion Industry Recovery Initiative funds into Bitcoin (BTC), Ethereum (ETH), and BNB (Binance…
Over the weekend, concerns arose over $3.3 billion worth of USDC reserves being held at Silicon Valley Bank, which was shut down by the California Department of Financial Protection and Innovation on…
Binance, a leading cryptocurrency exchange, is in search of a new service partner to process British pound transfers on its platform after its current partner, Skrill Limited, announced that it will stop…
Barney Frank, the former congressman and a board member of Signature Bank, has accused regulators of closing down the bank to send an “anti-crypto message.” Signature Bank, the third-largest bank failure in…
Signature Bank, a New York-based bank with numerous cryptocurrency customers, has been closed by state regulators, causing yet another setback for digital assets in the banking industry. The closure follows similar actions…
U.S. company Circle announced on March 14 that its $3.3 billion USDC reserve deposit, which had been held at the collapsed Silicon Valley Bank, would be fully available when U.S. banks opened…
Circle Internet Financial, the issuer of the USDC stablecoin, has pledged to “cover any shortfall” in the assets backing the stablecoin. This comes as the company did not receive the entirety of…
Circle Internet Financial Ltd., the issuer of the USD Coin, a stablecoin pegged to the US dollar, has confirmed that it has $3.3 billion worth of its reserves at Silicon Valley Bank,…
The New York Attorney General, Letitia James, has filed a lawsuit against KuCoin exchange for failing to register as a securities and commodities broker-dealer and misrepresenting itself as an exchange. In a…
Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD. Unlike…
US-based Silvergate Bank, a crypto-friendly bank, has announced its “voluntary liquidation” and plans to wind down its operations. The bank faced inquiries from bank regulators, the Department of Justice, and accounting firms…
Coinbase has launched a new product called Wallet-as-a-Service (WaaS), which enables companies to create fully customizable web3 wallets within their own apps. The product aims to simplify wallet onboarding and user experience…
The Indian government has notified crypto companies to comply with the Prevention of Money Laundering Act (PMLA) of 2002. The Gazette of India published a notification from the Ministry of Finance on…
Bankrupt crypto lender, Voyager Digital, has been granted court approval to sell its assets and transfer its customers to Binance.US for $1.3 billion. The restructuring plan, which centers around the acquisition, was…
Brazil’s central bank has announced plans to launch a digital currency pilot project to promote financial services in the country. The project, which will involve buying and selling federal public bonds among…
Alameda Research, the trading branch of FTX, a bankrupt digital-asset exchange, has sued Grayscale Investments. The lawsuit claims “exorbitant management fees” and accuses Grayscale of “improperly preventing redemptions” from the Bitcoin and…
Cryptocurrency exchange Bybit is launching a new debit card that allows users to pay for goods and services using their cryptocurrency holdings. The Bybit card operates on the Mastercard network and will…
You are all caught up.
