Tue, April 16

Standard Chartered’s Crypto-Arm Zodia Custody To Offer Staking Service

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

Crypto Lender Delio Reportedly Plans Lawsuit Against Authorities

After being investigated and hit with a large fine, South Korean crypto lender Delio is reportedly getting ready to file an administrative lawsuit against authorities over its misinterpretation of the law. The local media said that Delio stated the Financial Service Committee’s (FSC) claims of fraud and theft are unfounded.

September 14, 2023 1 min read

Founder and Ex-CEO of Celsius Network Files for FTC Case Dismissal

The founder and ex-CEO of defunct cryptocurrency lender Celsius, Alex Mashinsky, has filed a fresh application in court asking for the U.S Federal Trade Commission (FTC) action against him to be dismissed “in its entirety.” The ex-CEO of Celsius had his lawyers contend that there is insufficient evidence to prove

September 12, 2023 2 mins read

Lido Finance Addresses Token Contract Vulnerability Concerns

Despite hackers apparently exploiting a known security hole in Lido DAO’s token contract, Lido Finance has guaranteed Lido DAO LDO and staked-Ether (stETH) tokens are secure. In response to a post by blockchain security company SlowMist on September 10, Lido said that LDO and stETH funds are secure but did

September 11, 2023 1 min read

Bitrock Emerges as a Strong Contender in Layer 2 Space

The Layer 2 blockchain ecosystem is continually evolving, with projects like Polygon, Arbitrum, Immutable X, and Mantle leading the way. In this competitive space, where numerous innovative projects enter, distinguishing the best among them can be challenging. However, Bitrock has captured the community’s attention by establishing itself as a cost-efficient

September 7, 2023 3 mins read

Federal Court Freezes Assets of Former Celsius CEO Alex Mashinsky

Following a request from the United States DOJ, a federal court has ordered the freezing of certain financial accounts and assets belonging to Alex Mashinsky, former Celsius CEO. A motion to unseal a restraining order concerning Mashinsky’s assets was approved by a court on September 5, according to a filing

September 6, 2023 1 min read

Liquid Staking Soars Despite Overall Crypto Market Downturn

Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high.  Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an

September 5, 2023 1 min read