Voyager Bankruptcy Plan Approved: Details Unveiled
The affected customers could now expect to receive 35.72% of their claims, to begin with
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Ripple Buys Crypto Custody Firm Metaco for $250 Million
The crypto company Ripple has acquired the Swiss provider of digital asset storage services Metaco.
Binance Introduces Upgrade to Staking and New Reward Hub
Wrapped Beacon ETH presents new staking opportunities to the customers of the crypto exchange Binance, while the new Reward Hub will be a one-stop portal for different promotional activities and reward redemption
OpenAI CEO Raises $100M for Iris-Scanning Crypto
Worldcoin will use iris-scanning technology for a worldwide identification system that would let people securely and simply access crypto services
Web3 Initiative to Train AI in Chat-To-Earn Style
BlockGPT aims to create a ChatGPT-style artificial intelligence ecosystem on the blockchain, introducing “chat to earn” reward opportunities alongside the tokens
Estonia Shuts Down Hundreds Local Crypto Firms Under New Legislation
About 400 virtual asset service providers have either lost their licences or voluntarily shut down in Estonia after the government enhanced TFP and AML laws with stricter rules for the crypto industry players
Sam Bankman-Fried Wants His Case Thrown Out of Court
The lawyers of FTX founder Sam Bankman-Fried last Monday, May 8, filed petitions to dismiss the charges brought against him by the US government, of involvement in fraud.
Zimbabwe Unveils Gold-Backed CBDC
Zimbabwe has presented a digital currency that is backed by gold.
Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining
The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America
Coinbase Gives Up On Bitcoin-Backed Loans
Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]
Coinbase Debuts Offshore Exchange
Coinbase announced the launch of an international cryptocurrency exchange.
Nigerian SEC Considers Tokenized Assets Not Crypto
Preparing new industry regulations for digital asset platforms, Nigeria doesn’t plan to include cryptocurrencies According to Bloomberg, the Nigerian Securities and Exchange Commission (SEC) is considering allowing licensed digital exchanges to list tokens backed by certain assets. However, the regulator clarified it didn’t concern cryptocurrencies. Despite the previous reports that the government of Nigeria is preparing to […]
Mastercard Crypto Credential to Boost Trust in Blockchain
The first use case trial of the Mastercard Crypto Credential solution will enable blockchain transfers between U.S. and LAC
EU Parliament Approves Transfer of Funds Crypto Regulation
The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
Binance Reverses Course and Abandons $1 Billion Voyager Deal
Binance.US crypto exchange has terminated the agreement to purchase the bankrupt crypto firm Voyager Digital.
