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NEWS

Chinese Bank BOCI Issues First Tokenized Securities on Ethereum Blockchain in Collaboration with UBS

Chinese bank BOCI has achieved a significant milestone by becoming the first bank in China to issue tokenized securities on the Ethereum blockchain. In collaboration with UBS, BOCI has successfully...
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Federal Judge Supports Galaxy Digital in Termination of $1.2 Billion BitGo Acquisition

In a recent development, Galaxy Digital, the prominent crypto merchant bank led by Mike Novogratz, has received favorable judgment from a federal judge regarding its decision to cancel the planned...
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Coinbase CEO Vows to Stand Firm Against SEC Lawsuit, Refuses to Delist Alleged Securities

Coinbase CEO Brian Armstrong stated in an interview with Axios on Wednesday that the company has no intention of delisting cryptocurrencies that are alleged to be securities by the Securities...
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Robinhood to Delist Cardano, Polygon, and Solana Cryptocurrencies

Robinhood, the trading service, recently announced that it will remove three digital assets: Cardano (ADA), Polygon (MATIC), and Solana (SOL). This decision comes after a review, and support for these...
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Binance.US Suspends Dollar Deposits and Faces Regulatory Pressure as Crypto Industry Braces for Impact

Binance.US, the American arm of the leading cryptocurrency exchange Binance, has announced the suspension of U.S. dollar deposits and the potential halt of fiat dollar withdrawals. These measures are set...
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BitGo in Preliminary Deal to Acquire Crypto Custody Specialist Prime Trust

BitGo, a cryptocurrency custody firm, has entered into a preliminary agreement to acquire Prime Trust, a regulated crypto custody specialist based in Nevada, according to sources familiar with the matter....
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US Court Issues Summons for Binance CEO in SEC Lawsuit Over Unregistered Securities

On June 7, the United States district court in Washington, D.C. issued a summons for Changpeng Zhao, the CEO of Binance, in relation to the Securities and Exchange Commission’s (SEC)...
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Celebrity defendants Kim Kardashian and Floyd Mayweather are once again facing a class-action lawsuit regarding their alleged involvement in the promotion of the now-defunct cryptocurrency token EthereumMax (EMAX). Although the...
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El Salvador’s Volcano Energy Announces $1 Billion Investment for Massive Bitcoin Mining Farm

Volcano Energy, a public-private partnership in El Salvador, has unveiled plans to invest $1 billion in the development of a major bitcoin mining farm. The project, which is set to...
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U.S. Securities and Exchange Commission Files Lawsuit Against Binance and CEO CZ for Securities Law Violations

In a recent development, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against leading cryptocurrency exchange Binance and its founder and CEO, Changpeng “CZ” Zhao. The SEC...
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