$5 Billion crypto-scammers arrested
Plus Token Scam In 2019, a new crypto-scam emerged called “PlusToken”. The fake project was presented to millions of investors and they were...
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OCC opens the doors for banks to custody crypto on behalf of customers
OCC The Office of the Comptroller of the Currency is an independent bureau within the U.S. Department of the Treasury. It ensures that...
South Korea to implement 20% tax on crypto gains
Novel Asset Class The nature and classification of crypto-assets has posed a problem for government agencies around the world for the past few...
Revolut enables crypto-trading for US customers
Revolut US Amongst the novel fintech banking contenders, Revolut was the only one to make cryptocurrency trading an important part of their platform....
USDC funds frozen at law enforcement request
Law Enforcement Request The CENTRE Consortium, which is responsible for issuing the dollar-pegged stablecoin USDC, has blacklisted an address with $100,000 in it...
Binance to halt derivatives offering in Brazil
Brazil Derivatives Ban The Securities and Exchange Commission in Brazil (CVM) has ordered Binance to halt offering derivatives in Brazil. The basis of...
USDC crosses the $1 Billion mark
The $1B Mark The second-largest USD stablecoin has recently surpassed the $1 Billion mark in market capitalisation due to an increase in usage....
Traditional payments made straight to the blockchain with Public Mint
After two years in development, the world’s first fiat-based public blockchain ‘Public Mint’ has launched its commercial service. Fiat & Blockchain The system...
Crypto-lending platform, BlockFi, grows by 100%
Crypto-Lending Platforms such as BlockFi have come to the spotlight recently as more individuals became interested in earning interest on their crypto-assets with...
An “unexpected” hack siphoned $500k from DeFi
New DeFi project “Balancer” which was launched only recently, already saw a hack that caused a $500K loss. Balancer Initially, the Balancer protocol...
