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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Mt. Gox has reportedly paid some creditors twice due to ‘system issue’

Users of the r/mtgoxinsolvency Reddit board complained that they received double payments from Mt. Gox Trust and were now being asked to send the extra payment […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Kyber Network axes workforce by 50% one month after $49M exploit

The firm said it’s priorities now are to keep KyberSwap’s Aggregator and Limit Order functions up and running and to reimburse impacted customers.   The decentralized […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Hong Kong to oblige stablecoin issuers to obtain license – consultation paper

The criteria for obtaining an HKMA license will include full backing of all circulating stablecoins with reserves “at least equal to the par value.”   Hong […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Grayscale refiles Bitcoin ETF application as Barry Silbert departs

Grayscale has “finally surrendered” to cash creations in its amended filing to convert GBTC into a spot Bitcoin ETF.   Grayscale, a cryptocurrency asset management firm, […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Crypto ‘trading platforms’ were part of $2.2B illegal Chinese forex ring: Report

The latest bust is another salvo in China’s war on capital flight — which some believe is the real reason behind the country’s continued ban on […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Bitrace report zeroes in on stablecoin money laundering methods

Illegally obtained stablecoin may sell at a premium or a discount, depending on how it is being laundered.   Blockchain research firm Bitrace has conducted a […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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ARK’s Cathie Wood sees short-term effect of spot Bitcoin ETF as ‘sell on news’

ARK Invest CEO Cathie Wood expects some investors to “sell on the news” of spot Bitcoin ETF approval in the short term, but the long-term perspective […]
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December 27, 2023
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Published by Victoria Kyle at December 27, 2023
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Amid legal troubles, Changpeng Zhao’s wealth increased by $25B in 2023

Bloomberg ranked the former Binance CEO as the 35th wealthiest person on the planet, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai. […]
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December 26, 2023
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Published by Victoria Kyle at December 26, 2023
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Tether mints $1B USDT for ‘inventory replenish’ — CEO Paolo Ardoino

Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.   Tether, the company behind the […]
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December 26, 2023
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Published by Victoria Kyle at December 26, 2023
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Stablecoin laws: 25 countries had legislation in place in 2023

Out of 43 countries analyzed by PwC, as many as 25 jurisdictions had stablecoin regulations in place in 2023.   The stablecoin sector, featuring cryptocurrencies like […]
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