It’ll be OK: DCG crisis likely won’t ‘include a lot of selling’ — Novogratz
Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, said Novogratz. Galaxy Digital...
Day: January 10, 2023
Initial approval given for Voyager and Binance.US deal amid national security probe
The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court...
Death and self-custody: How to pass on your crypto when you die
Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions. The average...
Crypto.com delists USDT for Canadian users following OSC ban
Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition. According to user reports on Jan 10,...
Nigeria to create legal framework for stablecoins and ICOs
The latest strategy paper from the Central Bank of Nigeria marked the necessity to create a legal framework for stablecoins....
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group...
Blockchain privacy groups urge new US Congresspeople to protect privacy rights
Digital advocacy group Fight for the Future has rounded up a group of prominent signatories to its appeal for digital...
Albright Capital drops lawsuit against Terraform Labs and Do Kwon
Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May 2022....
Binance pushes back against report stablecoin isn’t fully backed
The crypto exchange said there was a "timing mismatch in backing Binance-Peg BUSD with BUSD" seemingly showing data in which...
UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements
MP Andrew Griffith and colleagues spoke before a hearing of the U.K. parliamentary Treasury Committee about payments technology and CBDC....
Sandeep Nailwal-backed Web3 accelerator launches demo day for first cohort
The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0. Web3 accelerator...
Crypto exchanges need to start giving customers their keys
Exchanges should introduce decentralized finance to their centralized models to protect their customers and restore confidence in cryptocurrency. The business...
Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%
After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held...
