BlockFi to sell $160M in Bitcoin miner-backed loans: Report
Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy...
SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO
The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) stalled the advancement of Bitcoin (BTC) in the country, according...
North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The Federal Bureau of Investigation (FBI) has confirmed the Lazarus Group and APT38 as the culprits behind the $100 million Harmony Bridge Hack from June...
US stablecoin legislation not far off: Bitwise exec
Bitwise Chief Compliance Officer Kathrine Dowling is optimistic on stablecoin regulation in the US in 2023. According to Dowling, stablecoins will the first to be...
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
Megan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter 11 bankruptcy...
NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should they face “insolvency...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency...
DeFi revolution and the case for decentralized identity
Introduction to decentralised identities, or DIDs and the non-fungible token (NFTs) space. Decentralised identity and use of zero-knowledge proof (ZKP) innovation. Other benefits, including protection...
Japan’s FSA expects to allow certain stablecoins by June 2023
Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to...
Bitcoin’s “hedge” narrative is dead, as speculative price action continues
Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts...