Polygon Village launches $90 million fund for ecosystem development

Polygon Labs is launching Polygon Village 2.0 — aiming to boost ecosystem development with a $90 million fund.

Polygon Village launches $90 million fund for ecosystem development

Polygon developer Polygon Labs has relaunched its Polygon Village initiative, offering a new grant program of more than 110 million MATIC — currently worth around $91.3 million — to ...

10 months ago

Kraken Assists UK Crime Victims In Recovering $2 Million Stolen Crypto

Scammer Receives 4 Years In Prison For 10 Million Euro Crypto Heist

Kraken Assists UK Crime Victims In Recovering $2 Million Stolen Crypto

In an effort dubbed “Operation Hyphen,” Kraken, the renowned cryptocurrency exchange, collaborated with the South East Regional Organised Crime Unit (SEROCU) to recover and retu...

10 months ago

Coinbase fined $11k in Russia despite not operating there

A Russian court has ruled that American crypto exchange Coinbase failed to localize the personal data of its Russian clients.

Coinbase fined $11k in Russia despite not operating there

A court in Moscow on Nov. 9 has fined U.S.-based cryptocurrency exchange Coinbase 1 million rubles (nearly $11,000) for failing to localize personal data of its Russian clients. ...

10 months ago

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

Gemini, a cryptocurrency exchange, has implemented changes in response to new regulations affecting virtual asset service providers (VASPs) in the UK.

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

On November 7, Gemini announced adjustments to align with the new Travel Rule regulations in the UK. These changes involve a set of global standards requiring financial institutio...

10 months ago

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk.

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail previously ordered by a Utah Magistrates the previous day. Judge Daphne Oberg, had initial...

10 months ago

Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing

Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.

Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing

Heightened demand for block space on the Ethereum network has made transactional activity significantly more expensive for ether (ETH) users in the past 24 hours, data from Dune Analyt...

10 months ago

UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

Swiss bank UBS' wealthy clients can now take exposure to three crypto exchange-traded funds (ETFs) through the lender's Hong Kong platform, according to a Bloomberg report citi...

10 months ago

Ark Invest and 21Shares to Launch Digital Asset ETF Suite

Cathie Wood’s Ark Invest, in partnership with 21Shares, is launching a suite of digital asset ETFs, focusing on Bitcoin and Ethereum futures and blockchain technology.

Ark Invest and 21Shares to Launch Digital Asset ETF Suite

The suite comprises five ETFs, including ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), intend to blend investments in futu...

10 months ago

HSBC Teams Up With Ripple-Owned Metaco for Digital Assets Custody Services

Ripple had acquired Metaco for $250 million in May.

HSBC Teams Up With Ripple-Owned Metaco for Digital Assets Custody Services

British financial giant – HSBC – has announced plans to roll out a new digital assets custody service for institutional clients who invest in tokenized securities. HSBC, on...

10 months ago

Tom Emmer’s Amendments to Curb SEC Enforcement Abuses against Crypto Passes House Unanimously

Emmer Says DOJ and Treasury Should Address Crypto Regulations

Tom Emmer’s Amendments to Curb SEC Enforcement Abuses against Crypto Passes House Unanimously

Pro-crypto Congressman Tom Emmer has made progress in his efforts to limit the powers of the United States Securities and Exchange Commission (SEC) when it comes to en...

10 months ago

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