A class action lawsuit filed by Celsius investors has been amended to include crypto market maker Wintermute Trading. The lawsuit accused Wintermute of aiding CEO Alex Mashinsky in duping Celsius…
Belgium’s Financial Services and Markets Authority has ordered Binance to cease its operations in the country. The regulator has taken issue with the exchange offering crypto services from non-EEA countries.…
Documents released by the FDIC revealed the top depositors at the failed Silicon Valley Bank. Venture capital giant Sequoia and stablecoin issuer Circle were among SVB’s top depositors. The FDIC…
Summary: BlockFi received a temporary halt on its $50 million settlement payment to the U.S. Securities and Exchange Commission, per court filings from Thursday. The bankrupt crypto lender was instructed…
Crypto custodian Prime Trust suspended withdrawals and deposits earlier today. The suspension came after rival custodian BitGo terminated a deal to acquire the firm. The Nevada Financial Institution Division issued…
Summary: The South Korean crypto firm will fire 100 employees by Friday as the platform faces uncertain times, Haru Invest CEO Lee Hyung-soo said on a video call. Haru Invest…
MakerDAO has purchased U.S. Treasury bonds worth a whopping $700 million. The DeFi protocol’s total Treasuries holdings now stand at $1.2 billion amid attempts to diversify its holdings. Maker’s first…
The Monetary Authority of Singapore has published a whitepaper in collaboration with other central banks and financial institutions. The central bank proposed standards for the use of digital money, including…
Summary: Su Zhu and Kyle Davies’s new crypto venture OPNX partners with a firm bearing a similar name to the fallen hedge fund. 3AC Ventures will act as the new…
Summary: Bitcoin neared double-digit gain in the past 24 hours following ETF applications from giant TradFi players like BlackRock. BTC traded above $28,800 on Monday, over 7% up in the…
Polygon co-founder Mihailo Bjelic unveiled a new Polygon improvement proposal earlier today. The proposal seeks to upgrade Polygon’s proof of stake chain to zkEVM Validium. The proposal addresses several concerns,…
Crypto exchange Gemini has selected Singapore to serve as the hub for its operations in the Asia Pacific region. The Winklevoss-owned exchange plans to hire more than 100 employees for…
A crypto exchange backed by TradFi giants like Citadel and Fidelity has started operations. EDX Markets announced the launch of its digital asset market and the completion of an investment…
A Montenegro Court sentenced TerraUSD creator Do Kwon to four months in jail for forging travel papers. The Terraform Labs founder was set to remain in Montenegrin custody till next…
Summary: Ethereum Foundation researcher Michael Neuder proposed increasing the validator balance cap from 32 ETH to 2,048 ETH. The idea being considered within the developer community would stem the growing…
