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The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation.

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

Kraken, the big U.S. cryptocurrency exchange, is considering several of the leading blockchain-technology firms to help launch its own layer 2 network, people familiar with the matter told CoinD...

10 months ago

Hut 8 to Bid for Natural Gas Facilities and Bitcoin Mining Site

Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility

Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Cana...

10 months ago

Ripple's 60 million XRP transfer to undisclosed wallet raises questions as XRP's price rally faces stop

Ripple Transfers 60 Million XRP to Unknown Wallet as XRP Price Finds Ceiling

In a surprising turn of events, Ripple, the renowned blockchain company, has made a significant transfer of 60 million XRP tokens valued at $42.83 million to an undisclosed wallet, as ...

10 months ago

Ark Invest, led by Cathie Wood, has adjusted its portfolio by buying shares in Jack Dorsey’s Block Inc and selling portions of its Grayscale Bitcoin Trust holdings.

Cathie Wood’s Ark Invest Continues to Sell Grayscale Bitcoin Trust Holdings, Buys Block’s Shares

Ark’s purchase, involving its flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and Ark Fintech Innovation ETF, purchased 113,326 shares of Block Inc. with a worth o...

10 months ago

Ledger Live Users Lose $600,000 In Bitcoin: Report

Ledger Wallet Users Lose Nearly $800,000 To Fake App On Microsoft’s App Store

According to on-chain sleuth ZachXBT, around $800,000 in crypto assets has been carted away from users who installed a fake Ledger Live application on Microsoft’s app store. In&n...

10 months ago

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), may allow retail investors to buy spot crypto ETFs.

Hong Kong to allow retail investors to participate in spot ETFs

Bloomberg, citing SFC CEO Julia Leung, writes that the regulator welcomes proposals using innovative technologies that improve efficiency and quality of customer service. “We&rsq...

10 months ago

DZ Bank AG launches its own digital assets custody platform, built on blockchain.

DZ Bank, third-largest German bank, to start crypto custody for institutional investors

DZ Bank, the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on the blockchain. According to an announcement published on Nov. 2...

10 months ago

Monero’s community wallet was drained of all assets following a security breach described as shocking and a little sketchy.

Monero’s Security Breach Drains Entire Funds In Community Wallet: What’s Going On?

The attack on the privacy coin’s wallet took place on Sept 1 but was not revealed until Nov 2 on GitHub. According to the company, the source of the breach remains unidentified a...

10 months ago

NBG And Ripple Forge Path To Digitalization

Ripple And National Bank Of Georgia Join Forces For Digital Lari Pilot

In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The...

10 months ago

Castelluzzo Sold Drugs on Darknet for Crypto

U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader

The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. S...

10 months ago