Former Obama administration employee Lauren Belive has been recruited by Ripple to lead the company’s public policy and government operations in the United States. Belive will take charge of the company’s efforts in Washington and elsewhere to promote crypto-friendly regulations for both consumers and companies. Before joining SoftBank Group International
September 26, 2023 2 mins read
One of the leading crypto asset manager, Bitwise Asset Management, has updated its proposal for a Bitcoin Exchange-Traded Fund (ETF) significantly. Bitwise’s pursuit of a Bitcoin ETF was recently updated with important information by Bloomberg Analyst James Seyffart in a tweet. The intriguing new angle that Seyffart’s tweet brings to
September 26, 2023 2 mins read
According to a report published by blockchain analytics company Cyvers, HTX (previously Huobi Global) crypto exchange was compromised on September 24. The hack has resulted in the loss of $7.9 million worth of cryptocurrency. A Chinese message was sent to the hacker through a Huobi hot wallet. The exchange claims
September 25, 2023 1 min read
Upbit, the biggest crypto exchange in South Korea, has suffered a significant security breach, sending shockwaves. This comes after the trading platform found earlier on Sunday that a fraudulent deposit had been made using a crypto that was mistaken for the real Aptos (APT) token. Korea-based media site “Web 3
September 24, 2023 1 min read
The algorithmic stablecoin, earlier known as UST Terra Classic USD (USTC), has recently had its minting and reminting halted by the Terra LUNA Classic (LUNC) community. The de-pegging of the UST posed a difficult choice for the community of Terra Classic. A proposal to end the USTC-LUNA swapping mechanism was
September 24, 2023 1 min read
One of Nansen’s third-party suppliers had a security incident that affected 6.8% of its users, the firm said on twitter. Nansen claims that hackers gained administrative access to an account that was used to “provision customer access” to its platform as a result of the breach. 🚨 Important update from
September 22, 2023 1 min read
Despite the strict crypto regulatory atmosphere in the U.S, major European crypto asset management firm CoinShares is opening a hedge fund division. The company made the announcement on September 22, saying it will begin selling its services to accredited investors in the United States for the first time. In order
September 22, 2023 1 min read
Near Foundation’s CEO and developer of the layer-1 protocol, Marieke Flament, has stepped down. On September 21st, Near Foundation announced that general counsel Chris Donovan will succeed Flament as CEO. Flament did not provide a detailed explanation for why she was leaving. Until the end of the year, Flament will
September 21, 2023 1 min read
Due to the ongoing scrutiny by U.S. authorities and strict regulatory restrictions, investment firm Galaxy Digital is moving deeper into Europe. In light of the MiCA crypto legislation, Galaxy Digital has hired a former executive from crypto broker Genesis to lead its European operations and pursue development prospects in the
September 21, 2023 1 min read
Standard Chartered’s crypto-arm, Zodia Custody, intends to provide payouts on cryptocurrency assets for its customers. In order to provide investors with the opportunity to earn yield while taking use of the advantages of blockchain technology. The cryptocurrency custodian has collaborated with OpenEden to provide the “Zodia Custody Yield” service. According
September 21, 2023 1 min read
