Summary: Law enforcement in China arrested the Trust Reserve team behind a Yuan-backed stablecoin and another token backed by the...
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Arrington Capital led Fahrenheit LLC, which counts Coinbase and US Bitcoin Corp among its backers, has emerged as the top bidder for Celsius' assets.
Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending business after multiple unsuccessful attempts to sell the business.
The SEC reportedly subpoenaed Marathon Digital Holdings last month in relation with the Bitcoin mining giant’s data center facility based in Hardin, Montana.
Summary: Authorities in the Bahamas are working on drafting and implementing improved laws to govern crypto businesses in the country....
Kucoin users lost 22K in USDT after hackers hijacked that platform's Twitter account for nearly an hour on Monday.
Mike Novogratz's Galaxy Digital posted a net loss of $1 billion for the year ended December 31, 2022. The company reported a pre-tax income of $150 million for the first quarter of 2023.
Binance's BUSD has suffered over $500 million in outflows following the lawsuit brought by the CFTC. However, the impact on the stablecoin was comparatively limited to that seen after the enforcement action on Paxos last month.