Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Voyager attorney said that the Binance.US deal is in the best interest of Voyager’s creditors and would help them get their crypto back much faster.
With Bitcoin gathering some decent gains since the new year, MicroStrategy saw its shares climb 34.21%.
Besides the funding, the handpicked projects will receive cross-industry mentorship from other Beacon contributors.
Globally-renowned exchange Binance recently admitted that its BUSD peg was inadequately undercollateralized by $1 billion.
The financial details of the deal remain undisclosed but come off as the first acquisition Fidelity Investments has made in about 7 years.
The master loan agreement (MLA) between Gemini’s customers and Genesis now ceases to exist.
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
Griffith expects the stablecoin to lead up to the introduction of a CBDC.
Like many other companies that had to reduce their headcounts, Wells Fargo is also about to go through a new layoff due to strategic changes.
e-Money noted that the European MiCA legislation will likely hinder the scalability of Euro-backed stablecoins while further limiting business opportunities in the sector.