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Project Mariana Tested Cross-Border Trading Using CBDCs

BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for...

11 months ago

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.

6th Swiss bank joins SDX crypto exchange

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, has become the sixth Swiss bank to join Six Digital Exchange (SDX). According to the press release f...

11 months ago

Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan.

Taiwan bans unregistered foreign crypto exchanges from operating

Taiwan’s Financial Supervisory Commission (FSC) is moving to improve protections for cryptocurrency investors by introducing new rules. The FSC has formulated the key p...

11 months ago

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Banking giant Chase is banning crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients starting Oct. 16, according to an email to customers. "If we thi...

11 months ago

To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.

CZ appoints Binance security team to track Huobi HTX stolen funds

Hours after the crypto exchange HTX (rebranded from Huobi) reported a hack that resulted in a loss of $8 million, Changpeng ‘CZ’ Zhao offered the help of the Binance security team in...

11 months ago

Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan

The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takesh...

11 months ago

His company managed billions in assets and made him one of the world’s richest people. Then, almost overnight, it collapsed. With a fraud trial beginning next week, a documentary asks how he bewitched so many

Crypto king or conman: is Sam Bankman-Fried about to be sent down for a century?

Sunil Kavuri is not a novice investor. Sure, he hasn’t always been involved in finance: 20 years ago, he was a model. He and his identical twin brother were the stuff of local newspaper hu...

11 months ago

King of crypto

How the fall of the 'King of Crypto' cost one British man millions

With the so-called "King of Crypto" about to go on trial for multiple fraud charges, one British man tells how the collapse of Sam Bankman-Fried's company lost him a fortun...

11 months ago

Well into the autumn, crypto and Web3 startups are beginning to put up solid fundraising amounts

Crypto funding: Startups raise $115M across gaming, custody, and institutional services

As the summer season officially concludes this Saturday, the outlook for crypto fundraising appears promising heading into the fall. Eleven crypto startups raised a combined total of $...

11 months ago

Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.

Mixin Network Losses Nearly $200M in Hack

Mixin Network has confirmed a report from SlowMist, a blockchain security consultancy, that it has been hacked for nearly $200 million. “In the early morning of September 23...

11 months ago