Layer 2 blockchain Optimism has successfully completed a private and planned token sale of 116 million OP tokens for $157 million to seven distinct buyers, an announcement on the Optimism…
Prime Trust, the crypto custody firm that filed for bankruptcy in August, has informed its workforce of a possible layoff affecting 62 employees in the coming two months, as revealed…
Citigroup is broadening its digital asset services through two significant initiatives: a new partnership in the custody sector and the launch of a pilot program for tokenized deposits. The global investment…
Blockchain Capital, the San Francisco-based venture capital firm, has successfully secured $580 million for its latest crypto investment funds. These include its sixth early-stage venture fund and a pioneering opportunity…
Global financial messaging network Swift has announced that three central banks are currently beta testing its central bank digital currency (CBDC) interoperability solution. This initiative is part of Swift's broader…
Alex Mashinsky, the founder and former Chief Executive Officer of cryptocurrency lender Celsius, has asked the Federal Trade Commission (FTC) to drop its case against him, a court filing on Monday…
X, the social media platform under the ownership of Elon Musk, formerly known as Twitter, has secured licenses for payment services from several U.S. states. Notably, the platform acquired a…
A motion by six individual including two Coinbase employees that alleged that the US Department of the Treasury exceeded its authority in sanctioning crypto mixer Tornado Cash was denied by…
BitGo which provides crypto security and custody services has announced the closures of $100 million Series C funding round at $1.75 billion valuation. The California based company will use the…
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…