January 2, 2023

Lido overtakes MakerDAO and now has the highest TVL in DeFi

A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.   Lido Finance appears to be benefiting […]
January 2, 2023

Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation

The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for […]
January 2, 2023

Bitcoin Core developer hack highlights self-custody risks: Community Response

A Twitter user pointed out that if a top Bitcoin developer can’t keep his wallet secure, then mass adoption is a pipe dream.   Although one […]
December 29, 2022

MicroStrategy to offer Bitcoin Lightning solutions in 2023

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.   MicroStrategy CEO Michael Saylor shared his company’s plans to release software and solutions […]
December 29, 2022

Celsius wants to extend the deadline for claims as lawyer fees mount

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.   Bankrupt crypto lender Celsius Network […]
December 29, 2022

California regulator warns of 17 crypto websites suspected of fraud

The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious […]
December 28, 2022

Kraken quits Japan for the second time, blaming a ‘weak crypto market’

The crypto exchange said it will deregister from Japan’s Financial Services Agency as a crypto asset exchange operator from Jan. 31.   Global cryptocurrency exchange Kraken […]
December 28, 2022

Executives from $1.5B South Korean crypto exchange fraud jailed

The latest indictment now brings the number of V Global executives behind bars to seven, with the leader serving 22 years in prison.   Six executives […]
December 28, 2022

China’s CBDC wallet resorts to ages-old tradition to boost adoption

The digital yuan wallet application uses the traditional Chinese way of donating money, which has become virtual with the growth of digital payments.   China’s digital […]
December 27, 2022

Russia’s largest bank issued gold-backed digital financial assets

The issuance became the bank’s second deal in the new asset class.   Russia’s largest bank, Sber – formerly known as Sberbank – has announced the […]

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