Crypto News

Bitcoin-Backed Bonds Facing Stress Test After Selloff: S&P

Wall Street’s first attempt at a public bond sale backed by bitcoin loans has hit some turbulence after bitcoin’s sharp decline triggered...

Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says

HONG KONG — Hong Kong is ready to begin issuing the first of its stablecoin licenses next month, the Special Administration Region's Financial Secretary...

Bithumb’s Bitcoin Blunder Puts Burden on Users as Legal Case Favors Civil Recovery

In brief Lawyers say unjust-enrichment law favours Bithumb, but outcomes may hinge on whether users knew, or should have known, the payouts were a mistake. Prosecutors...

Fairshake Supporting Barry Moore’s Senate Bid With $5M

Defend American Jobs, an affiliate of crypto super political action committee (PAC) Fairshake, will reportedly spend $5 million to support crypto-friendly politician Barry Moore...

Robinhood reports record quarterly revenue despite crypto slump – DL News

Robinhood’s revenue was up in the final quarter of last year.But no thanks to crypto: digital asset revenue dropped as Bitcoin crashed.Revenue for the...

XRPL Prepares for Institutional Credit Use Cases With Soil’s Single Asset Vault

The XRP Ledger is strengthening its case as an institutional finance infrastructure as Soil introduces compliant on-chain lending vaults designed to centralize capital, automate...

LayerZero Labs Launching Blockchain Aimed at Institutions

Blockchain company LayerZero Labs is planning to launch its own layer-1 blockchain named “Zero” with backing from ARK Invest and Citadel Securities, and targeting...

SafeMoon CEO Given 8-Year Jail Time Over Crypto Scam

Former SafeMoon CEO Braden Karony has been handed a 100-month prison sentence for stealing $9 million from the crypto platform’s liquidity pool in 2021...

Discord Downplays Timing, Impact of Its New Age-Verification Policy

In brief Age checks will only apply to age-restricted servers and certain safety settings, Discord said. Discord says its “teen-by-default” rollout is not driven by ongoing...

Popular

Popular DeFi platform CoW Swap warns users to stay away from its site after security breach

CoW Swap, a decentralized trading interface, said Tuesday it...

Paxos Labs Raises $12M to Launch Crypto Yield and Lending Platform

Paxos Labs has raised $12 million in a strategic...

Rakuten integrates XRP into payments network for millions of users in Japan

Japan’s e-commerce giant Rakuten is adding XRP to its...

BTC pulls back after breakout attempt, but larger move could be in store

Bitcoin BTC$74,231.91 started the day with a promising chance...

Visa Joins Stripe’s Tempo Payments Network as ‘Anchor’ Validator

In brief Stripe, Visa, and Zodia Custody by Standard Chartered...