Polygon's co-founder Mihailo Bjelic has unveiled a proposal that seeks to upgrade its PoS chain to be compatible with a zkEVM validium in order to address the network's current problems.
Gemini has announced that Singapore will serve as its hub for operations in the Asia Pacific region. The Winklevoss-owned crypto exchange plans to hire over 100 employees for its Singapore office over the next 12 months
Crypto exchange EDX Markets, backed by TradFi giants like Citadel and Fidelity, began operations earlier today after concluding an investment round. EDX plans to launch a clearinghouse business later this year.
Summary: BlackRock, Bank of America, and Fidelity have all massively increased their holdings of MicroStrategy stock, Bitcoin’s largest corporate holder. Buying MSTR seems to be a path to BTC exposure rather than directly buying crypto’s top coin. Canada’s sixth largest bank has also spent a considerable amount buying MicroStrategy stock...
Summary: The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC’s lawsuits against Binance and Coinbase. Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12. Users can still hold and sell their positions until further notice....
Summary: Venture Capital behemoth Andreessen Horowitz announced its first office outside the U.S. set to open later this year. The A16z office led by General Partner, Sriram Krishnan will be stationed in London as a strategic investment point for growing the UK’s web3 ecosystem. Prime Minister Rishi Sunak praised the...
The judge overseeing FTX's bankruptcy case has allowed the crypto exchange to redact the names of 9 million of its individual customers from its bankruptcy filings.
The CFTC has won a lawsuit filed against OokiDAO, setting a critical precedent for lawsuits involving decentralized autonomous organizations. OokiDAO has been ordered to pay a penalty of $643,000 and shut down its operations in the U.S.
The U.S. Department of Justice has charged two Russian nationals for hacking Mt Gox in 2011 and stealing over 647,000 BTC from the Bitcoin exchange.
Robinhood will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) on June 27, 2023 in light of the recent enforcement actions initiated by the SEC over offering of alleged crypto securities.
Binance US' banking partners have expressed their intention to suspend fiat (USD) withdrawals as soon as June 13, 2023. The crypto exchange has decided to suspend USD deposits today.
Crypto custodian BitGo has signed a term sheet to acquire rival crypto custody firm Prime Trust. The deal is subject to regulatory approval.