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A class-action lawsuit over Maker liquidations during 2020’s ‘Black Thursday’ crypto crash looks set to finally come to an end

Maker firm settles for $1.16M with users liquidated in Covid crash

A pair of firms operating under the Maker ecosystem has moved to settle for $1.16 million with investors who sought compensation for financial losses suffered after the “Black Th...

1 year ago

While Musk has a bigger frame and height advantage by being 6-foot-1, Zuckerberg has now been training in Brazilian jiu-jitsu for nine months.

Mark Zuckerberg’s jiu-jitsu or Elon Musk’s street-fight ‘walrus’ — Who will win?

Meta founder and CEO Mark Zuckerberg has emerged as a clear favorite among betters in a proposed “cage match” with Twitter owner and Tesla CEO Elon Musk. In the 48 hours si...

1 year ago

Fiat-to-crypto on-ramp and trading platform Stably is the latest to suffer problems with payment providers.

Prime Trust Suspends Stably Withdrawals as BitGo Pulls Out of Acquisition Deal

On June 22, Stably announced that Prime Trust had temporarily halted all deposits and withdrawals of fiat and digital assets for custody. The crypto trading platform added: “As Prime ...

1 year ago

The VC fund will focus on “superior risk-adjusted returns without leverage.”

3AC Founders Launch Brand New VC Fund Tied To OPNX

Despite initially having almost no trading volume whatsoever, it seems that some have decided to entrust their funds to a company whose founders had already run their first significant venture a...

1 year ago

Crypto Twitter is notorious for bots. Now, two Yale researchers reckon they know how to exploit fake engagement to trade better

Crypto returns are worse if Twitter bots drive engagement: Study

Crypto projects with more posts from Twitter bots tend to have lower returns over the long-term, according to a study from two Yale University academics. The researchers examined more ...

1 year ago

Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape"

Crypto Friendly Xapo Bank Expands to India, Rest of South Asia

Gibraltar-based crypto friendly private bank Xapo is to expand across India and the rest of South Asia in a sign of considerable expansion for the provision of cryptocurrency services in the reg...

1 year ago

Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers.

Ripple gets in-principle nod for digital asset services in Singapore

Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-stat...

1 year ago

The statement is the first major update from the wallet provider since the exploit in early June, but users are still in the dark about the actual cause.

Atomic Wallet gives major update on hack but questions remain unanswered`

Atomic Wallet users have been left wanting more answers, despite the decentralized wallet provider finally releasing a full “event statement” about the June exploit — which som...

1 year ago

Ramp expands its platform compatibility with 40 new currencies, including the Bermudian dollar, Costa Rican colón, Hungarian forint, Mexican peso, Singapore dollar and Swiss franc.

Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies. ...

1 year ago

The Monetary Authority of Singapore, with input from major tech giants, released a white paper on the standards for the usage of digital money such as CBDCs and stablecoins.

Singapore MAS proposes digital money standards with major industry players

The Monetary Authority of Singapore (MAS) has released a proposal for a common protocol that would specify the conditions for the use of various types of digital currencies. On June 21...

1 year ago