BitRiver CEO Worth $230M, Russia Outpace US
According to a Bloomberg article, Igor Runets, the CEO of BitRiver, is valued at $230 million. The chief of crypto mining has stated that…
Matrixport Expands to Switzerland
On Monday, Matrixport, a Singapore-based company, announced its expansion into Switzerland by agreeing to acquire Crypto Finance Asset…
FTX Holders to Recover 10-25%
In a last-minute move, the collapsed crypto exchange FTX has altered its compensation plans, allocating only 10–25% of the funds to FTX crypto…
Vinyl Group to Acquire Serenade
The Australian music technology company Vinyl Group has agreed to acquire Serenade, a London-based Web3 start-up specializing in digital…
Bitget Launches OmniConnect for Telegram Transactions
A new software kit, “OmniConnect,” has been released by Bitget Wallet. This kit enables users to connect Telegram mini-apps to…
Hong Kong Crypto Derivatives Align with EU
Hong Kong’s financial regulators are implementing global reporting standards for over-the-counter (OTC) crypto derivatives that are…
US Seizes Crypto Domains, Charges Two Russians
On Thursday, the US Justice Department announced an assault on Russian crypto money laundering operations, expected to have an estimated $800…
Robinhood, Revolut Eye Stablecoin Market
Bloomberg reported that Robinhood Markets and Revolut, two prominent fintech firms, purportedly attempt to enter the $173 billion stablecoin…
Swan Bitcoin Sues Former Execs
Swan Bitcoin initiated legal proceedings against Proton Management, a competitor, and numerous former employees this week. The company accused…
Coinbase’s Base Surpasses $2B TVL
Base, the Layer 2 Ethereum network developed by Coinbase, has achieved the $2 billion milestone in total value locked (TVL), making it the…
Taurus Partners with Aktionariat for Tokenized Shares
Taurus SA, a Swiss digital asset infrastructure provider that Deutsche Bank and Credit Suisse support, has partnered with Aktionariat AG, a…
Dubai Updates Crypto Marketing Regulations
As part of its comprehensive framework for Virtual Asset Service Providers (VASPs) operating in the Emirates, Dubai’s Virtual Assets…
Truflation Confirms Hack, Loss Estimated at $4.6M
On Wednesday, Coinbase Ventures-sponsored blockchain project Truflation acknowledged that it had been the target of a malware attack. However,…
Singapore Court Grants WazirX Moratorium
A Singapore court has granted a four-month conditional moratorium to WazirX, an Indian cryptocurrency exchange that was the subject of a $234…
Terror Victims Sue DOJ Over Binance Settlement
The U.S. Department of Justice (DOJ) has been accused of unlawfully withholding or delaying the distribution of funds from Binance’s…
PayPal Offers Crypto to US Businesses
Giant of global commerce PayPal has disclosed that it will permit customers with business accounts in the United States to acquire, store, and…
SEC Delays Spot Ethereum ETF Decisions
Nasdaq’s proposed rule change to list and trade options on BlackRock’s iShares Ethereum Trust (ETHA) has been postponed by the…
Assetera Launches Tokenized RWAs on Polygon
Assetera, a blockchain-based investment and trading firm, partnered with Polygon to establish Europe’s first regulated marketplace for…
Sky Reconsiders Wrapped Bitcoin Collateral
Formerly known as Maker, Sky, a pioneer in decentralized finance, is reconsidering its decision to exclude Wrapped Bitcoin (WBTC) as…
SEC Charges TrueUSD Backers $700K
TrueCoin and TrustToken, responsible for the TrueUSD stablecoin, have settled with the U.S. Securities and Exchange Commission (SEC) for…