The UK government has announced the implementation of the Digital Securities Sandbox, a significant initiative aimed at integrating digital assets into the nation’s financial market infrastructure.

UK treasury secretary unveils new law to strengthen digital asset industry

The UK government, under Chancellor Jeremy Hunt’s autumn statement, announced plans to implement the Digital Securities Sandbox (DSS), showing how financial markets operate and i...

9 months ago

Recent reports reveal that Kyber network has suffered an exploit, with at least $47 million in losses recorded so far.

Breaking: Kyber network exploited across multiple chains for over $47 million

The Kyber Network has confirmed the attack, citing KyberSwap Elastic, and advising all users to promptly withdraw their funds. KyberSwap Elastic is an upgrade to the existing protocol ...

9 months ago

Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC).

Grayscale met with SEC to discuss spot Bitcoin ETF details

Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin BTC $36,740 trust, which the firm wa...

9 months ago

The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.

Trial of Bithumb Operator’s CEO Begins

Lee (54), the CEO of Bithumb Holdings, is being tried alongside the former pro golfer and celebrity Ahn Seong-hyeon (42) on charges of “soliciting the listings” of unnamed altcoins.

9 months ago

Coinbase CEO, Brian Armstrong says the Binance settlement is a chance for the industry to prioritize compliance and rule clarity to prevent regulators from slamming huge fines on companies.

Coinbase CEO Sees Binance Settlement as Chance for Industry Renewal

Armstrong wrote on X (Twitter) shortly after Binance’s settlement with the Department of Justice (DOJ) was announced explaining the need for rule compliance and Coinbase roadmap ...

9 months ago

Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million, according to a court filing late on ...

9 months ago

The class-action lawsuit claims Apple’s restriction of crypto payments may violate anti-trust laws.

Apple Sued for Limiting P2P Payments Via Crypto And Other Methods

Apple has been accused of non-competitive practices regarding payment methods used on their devices several times in the past. The most notable example of the Cupertino electronics man...

9 months ago

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only be able...

9 months ago

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on decentralized prediction platform Polymarket really aren't sure if Sam Altman will be coming back as OpenAI's chief executive amidst ongoing corporate drama. On Poly...

9 months ago

Chinese Police Bust Massive Crypto Money Laundering Gang

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million...

9 months ago