For report of Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in Podgorica, Montenegro. South Korean authorities and the International Criminal Police Organization (Interpol) are hunting Kwon for his alleged involvement in the collapse of the Terra ecosystem. The…
The Central Bank of the UAE (CBUAE) is moving closer to launching its central bank digital currency (CBDC), the ‘Digital Dirham’, for domestic and cross-border payments. According to an announcement on March 23, CBUAE signed an agreement with G42 Cloud…
When bitcoin becomes the global reserve currency, central banks will not disappear, but will have to evolve. This is an editorial opinion by Jonathan Garner, Bitcoin, finance and economics blogger at The Capital. Legacy reserve currency.Source. If bitcoin really becomes…
If the US Securities and Exchange Commission (SEC) Wells Notice against Coinbase makes anything clear, it’s that the agency is at war with the crypto industry. Coinbase is the poster child for the American crypto industry and has always been…
Major cryptocurrency exchange Kraken is experiencing difficulties with its automated clearing house (ACH)-related withdrawal and deposit channels through Silvergate. Kraken has reportedly notified users that it will no longer be able to support ACH deposits and withdrawals starting March 27.…
Euler Finance exploiters, who held $200 million in stolen funds in their wallets, received an on-chain note on Tuesday from a wallet address linked to the Ronin Bridge attackers, known as the North Korean hacking group Lazarus. The note includes…
Australia-based crypto exchange Independent Reserve is looking at the opportunity to set up shop in Hong Kong, as the city continues its efforts to become a cryptocurrency hub. Set to take effect in June, Hong Kong’s Securities and Futures Commission…
Crypto.com, a digital exchange based in Singapore, is a one-stop shop with various products and services for crypto transactions. The exchange, founded in 2016, is one of the oldest platforms with a good reputation in the industry. Crypto.com has expanded…
The United States commodity regulator got a crash course on decentralized finance (DeFi) today, with crypto executives briefing regulators on key issues affecting the space, including exploitation, decentralization and digital identity. As part of the first meeting of the CFTC’s…
San Francisco-based cryptocurrency exchange, Coinbase, has partnered with Pix, the leading electronic payment system in Brazil. This move, in turn, expands the exchange service to South American countries. Coinbase Partners With Pix This partnership will allow Coinbase users in Brazil…