Prime Trust, a Las-Vega-based provider of financial infrastructure for fintech and crypto firms, and some of its affiliates have filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court…
The Monetary Authority of Singapore (MAS) on Wednesday announced new regulatory framework for stablecoins. The new regulatory framework is based on feedback received during its October 2022 public consultation, the…
After its recent introduction of the dollar-backed stablecoin PayPal USD (PYUSD), Payment giant PayPal has introduced the Cryptocurrencies Hub, which allows selected users to interact with and hold Bitcoin and…
Crypto exchange Txbit has said in a statement that it's going to permanently shut down operations due to uncertain regulatory landscapes and unfavorable market conditions. The exchange cited the escalating…
Former U.S. President Donald Trump has emerged as an unexpected participant in cryptocurrencies, revealing that he holds as much as $500,000 in an Ethereum wallet. The revelation comes as part…
A pioneering joint venture led by the former Binance strategy chief, Gin Chao, has announced the closure of its first fund with an impressive capital inflow exceeding $50 million. The…
In a podcast interview, MicroStrategy's Michael Saylor said the acquisition and custody of Bitcoin by large corporations should not raise alarms. Speaking on the Coin Stories podcast with Natalie Brunell,…
Bankrupt crypto lender Voyager Digital has moved 1,500 Ether, valued at approximately $2.77 million, along with an additional 250 billion Shiba Inu tokens, roughly worth $2.7 million, to Coinbase exchange…
Brazilian lawmakers are taking steps to impose higher taxes on cryptocurrencies held abroad. Reports indicate that a congressional committee in Brazil has endorsed changes to a proposed law that classifies…
A judge overseeing the bankruptcy proceedings of Three Arrows Capital (3AC) has rejected a motion that sought to hold co-founder Kyle Davies in contempt of court and impose penalties. The…