Crypto Exchange OPNX Established by Founders of Bankrupt Three Arrows Capital Shutting Down
Considered a ‘home for persons affected by crypto catastrophes,’ the Open Exchange is ready for its end. In an email to clients, the Open Exchange,...
A Guide to Understand Leased proof-of-stake – All You Need to Know
Regular cryptocurrency users have perhaps encountered the term proof-of-stake (PoS) when handling crypto. However, they might not know the leased proof of stake (LPoS) and...
Bitpanda Unveils Institutional Crypto Platform with Cold Storage
Bitpanda Wealth utilizes Bitpanda’s proprietary custody solution. It leverages cold storage to secure assets. Bitpanda, an Austrian fintech unicorn, is responding to the rising desire...
PeckShield Reports $2.6B Stolen in 2023 Crypto Hacks
PeckShield established that the amount of crypto stolen via illegal means reduced from $3.6B in 2022 to $2.6B last year. Of the crypto assets stolen...
Binance Criticizes NFT Game Despite Generating $115M for its Mint
SkyArk Chronicles just experienced a major nonfungible token mint. However, Binance Labs claims the game developer provided a false account of its investment. SkyArk Chronicles...
Global X Terminates Spot Bitcoin ETF Pursuit
Global X sets an undesired record in becoming the first applicant for the spot Bitcoin exchange-traded fund (ETF) to withdraw a bid. The withdrawal surfaced...
Chinese Government Will Revise Crypto AML Policies Before 2025
The government of China imposed a ban on all blockchain and DeFi activities in 2021. However, Chinese blockchain users managed to keep generating hash rate...
Hester Pierce Faults SEC’s Settlement Gag Rule for ‘Denting Regulatory Principles’
Hester Pierce notes that the SEC often uses settlements to resolve enforcement actions. However, this prevents defendants from expressing themselves. According to a commissioner, a...
China to Unveil Amended Crypto AML Guidelines
China plots holistic amendment to its anti-money laundering (AML) guidelines to incorporate cryptocurrency-associated transactions. This is happening amid calls by the nation’s legislators for improved...
Swiss City of Lugano Ushers Multiple Digital Currencies
The city’s finance executive believes that Bitcoins, stablecoins, and central bank digital currencies can coexist in Lugano since they can serve various purposes for users....