Coinbase Custody Reorganizes Leadership as Bitcoin ETF Verdict Looms
Amid the hot race for the Spot Bitcoin ETF, Rick Schonberg is going to replace Aaron Schnarch as Coinbase Custody’s chief executive officer. The game...
Vitalik Buterin Decries Initial Web3 Goals Losing Significance
In a blog post, Buterin claimed there is a significant ideological gap where the world of blockchain would ‘view the crypto space as a disturbance.’...
Crypto Exchange Bitzlato Halts All Bitcoin Withdrawals
Bitzlato co-founder pleaded guilty on 6th December and agreed to dissolve illegal trading activities. The trading platform also forfeited the native digital currency in addition...
Ark Invest Fully Leaves GBTC Prior to a Looming Bitcoin ETF Sanctioning
Ark Invest has fully relinquished its GBTC position as the fund manager seeks to position itself amid a possible Bitcoin ETF consent. Allegedly, Ark Investment...
China Urges Crackdown on Tether Stablecoin Alleging Illegal Forex Trading
China's Supreme People's Procuratorate (SPP) warned in a recent publication that Tether usage as an exchange medium for local and foreign currency is prohibited. The...
India Bans Binance and Kraken in Crackdown Targeting Illegal Crypto Exchanges
The Indian regulator banned nine crypto exchanges on Thursday December 28 that the Financial Intelligence Unit (FIU) declared operating illegally within the country. The FIU...
Barry Silbert Resigns as Grayscale Refiles Application for Bitcoin ETF
Grayscale has filed for converting Bitcoin trust namely GBTC into Bitcoin spot ETF. Grayscale recently amended S-3 filing with the Securities and Exchange Commission. However,...
Grayscale Investment Announce Board Shakeup, Barry Silbert Resigns as Chair
Grayscale Investment announced a board shakeup in a Tuesday, December 26 filing with the US securities watchdog. Scrutiny of the Form 8K filing discloses the...
Hong Kong Leads Asia’s Changing Crypto Regulatory Landscape
Beyond the enthusiasm portrayed by the community in anticipating approval of spot Bitcoin exchange-traded funds (ETFs) in the US, Asia realised a significant milestone in...
Kyber Network Reduces Workforce by 50% Following $49 Million Exploit
Kyber Network is a decentralized protocol used for liquidity aggregation and exchanging tokens without using third-party intermediaries. However, the administration of KyberSwap recently downsized its...