Crypto News

Founder and CEO of Galaxy Digital

Mike Novogratz of Galaxy Digital gives a lukewarm forecast for crypto

Mike Novogratz, founder and CEO of Galaxy Digital, recently shared his mixed outlook for the crypto market in 2023 during an interview with CNBC Squawk

cryptocurrency exchange Zipmex

Zipmex acquisition of crypto exchange probed by Thai Securities and Exchange Commission

The Securities and Exchange Commission (SEC) of Thailand is investigating cryptocurrency exchange Zipmex for allegedly violating local business rules. According to Bloomberg, the SEC is

UK stablecoin

UK Nears Unveiling of Stablecoin, Ponders CBDC Prospects

The UK’s Economic Secretary to the Treasury, Andrew Griffith, announced plans to launch a stablecoin in the near future. The stablecoin is intended to be

DeFi firm Ondo Finance launched a tokenized fund

Ondo Finance expands stablecoin options with tokenized US Treasury bond offering

DeFi firm Ondo Finance launched a tokenized fund on Jan 10 that allows stablecoin holders to invest in bonds and US Treasuries. They offer three

Bithumb crypto exchange

Bithumb faces scrutiny from South Korean regulators

Bithumb, a South Korea-based cryptocurrency exchange, is being investigated by the country’s National Tax Service (NTS) for possible tax evasion. The investigation is being led

BlockFi, a leading crypto lender,

BlockFi CEO cashes out $10 million as company stabilizes clients following FTX loan

BlockFi, a leading crypto lender, has been making headlines lately. CEO Zac Prince announced that he cashed out close to $10 million from the platform

Coingape Partners with Wix

Wix Enables Crypto Payments Through CoinGate Integration

CoinGate, a leading European crypto payment gateway, recently announced a partnership with Wix.com (NASDAQ: WIX), allowing German, Lithuanian, Dutch, and Spanish Wix shop owners to

BlockFi files for Bankruptcy

BlockFi files for bankruptcy, plans to disclose assets and liabilities

Crypto lending firm BlockFi has announced that it will disclose information on its assets, liabilities, and payments received before filing for bankruptcy in November. In

Coinbase to downsize lays off 20% of staff

Coinbase to lay off 20% of employees in cost-cutting measures

Coinbase’s CEO, Brian Armstrong, has declared that the recent layoffs of 950 employees were a difficult but necessary decision for the company in order to

Mark Cuban faces lawsuit in Voyager Digital

Mark Cuban to be questioned in legal case related to Voyager promotion

Mark Cuban, the owner of Dallas Mavericks, will be deposed in February as part of a proposed class-action lawsuit that accuses him of promoting a

Nepal regulator takes action against crypto trading, orders ISPs to block crypto websites

Nepal bans crypto websites: ISPs face legal action for non-compliance

The Nepal Telecommunications Authority (NTA) has recently called on Internet Service Providers (ISPs) to prohibit access to any website related to crypto trading and has

PayProtocol

Paycoin halted in South Korea as company seeks to overturn suspension

PayProtocol, the South Korean issuer of payments-focused cryptocurrency Paycoin, will reapply for a local license in order to stay in business after the financial authority

A former lead engineer at crypto exchange FTX

FTX’s former lead engineer in negotiations with federal prosecutors in connection to Bankman-Fried case

The former lead engineer at crypto exchange FTX, Nishad Singh, is reportedly in talks with federal prosecutors in the case against the exchange and its

Wyre cryptocurrency payment platform

Wyre restricts crypto withdrawal to 90% of account balance

Wyre, a cryptocurrency payment platform, recently made changes to its withdrawal policy and appointed Yanni Giannaros as interim CEO. These changes were made in response

$12.79 billion was held in the Circle Reserve Fund

USDC reserves prioritize safety with large investment in US Treasury bills

As of November 30, 2022, Circle held $43.4 billion in USDC reserves to back the 43.23 billion USDC in circulation. Of these reserves, $12.79 billion

FTX had spent $40 million from January to September 2023

Court documents show FTX spent $40 million on travel and hospitality in nine months

Bankruptcy court documents showed that FTX Digital Markets had disbursed $40 million from January to September 2023, only a couple of months prior to its