The National Institute of Standards and Technology is analyzing the iOS version of the Binance Trust Wallet app for a vulnerability that could potentially be used to steal funds from crypto wallets.

US investigates Binance Trust Wallet iOS app for vulnerability

An agency of the United States Department of Commerce is analyzing the Binance Trust Wallet app for a vulnerability that could allow an attacker to steal funds from crypto wallets. Acc...

7 months ago

The U.S. Treasury sanctioned entities for illegally exporting technology to Iran, including one that developed Iran’s central bank digital currency platform.

OFAC sanctions entities behind Iran’s digital currency program

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a press release that on Feb. 14 it imposed sanctions against a network of entities resp...

7 months ago

Trader Joe’s meteoric rise on Avalanche

Trader Joe surpasses PancakeSwap to become the second-largest DEX on Avalanche

In a significant development within the decentralized exchange (DEX) landscape, Trader Joe has emerged as a dominant force on the Avalanche blockchain, surpassing PancakeSwap to claim the title ...

7 months ago

A United States Treasury official has clarified that cryptocurrencies play a minimal role in financing the operations of militant groups

US Treasury reports minimal crypto use in financing Hamas activities

Brian Nelson, the Treasury’s Undersecretary for Terrorism and Financial Intelligence, addressed misconceptions during a testimony before the House Financial Services Committee on...

7 months ago

Genesis’ Grayscale Shares Valued at $1.6B

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients

Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares ...

7 months ago

Some Bitcoin ETF issuers will pull their funds as the tussle for market share and low fees heats up, while investors reap the rewards in the meantime, say analysts.

Bitcoin ETF war could see many issuers never ‘break even’

The cutthroat battle to become the top United States spot Bitcoin exchange-traded fund (ETF) issuer could see many of the listed ETFs today eventually shut down due to lack of profits. ...

7 months ago

Ripple bought Swiss custody provider Metaco last year, but Standard has a New York BitLicense.

Ripple acquires Standard Custody & Trust, its second custody provider

Ripple has acquired Standard Custody & Trust Company, a United States digital asset custody provider. The company already had ties to Ripple through its executives. Standard Custod...

7 months ago

Direct Bitcoin trading is still more popular than ETFs for Robinhood users, says its chief financial officer Jason Warnick amid better-than-expected Q4 2023 results.

Bitcoin ETFs haven’t cannibalized spot Bitcoin trading — Robinhood CFO

Robinhood traders haven’t taken to spot Bitcoin exchange-traded funds (ETFs), with the bulk of crypto trading on the platform remaining in spot Bitcoin, says the company’s chief...

7 months ago

Nelson Highlights Treasury’s Focus on Illicit Finance

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing

The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared test...

7 months ago

Digitex CEO Charged for Illegally Operating Crypto Futures

Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Off...

7 months ago