The CEO of Independent Reserve says Hong Kong’s “friendly” licensing regime makes it a worthy destination to set up shop, but there are other factors to consider. Independent Reserve, Hong Kong Securities Futures Commission, Licensing Regime, Anti-Money Laundering, Know Your Customer, Adrian Przelozny, Huobi, OKX, Bitcoin.com.auRead More [Read More...]

SpankPay crypto payment service shutters, citing ‘hostile banking environment
SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum, adult entertainment, SpankChain, SpankPay, crypto payment processor, WyreRead More [Read More...]
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so. Christopher Hui, Hong Kong Secretary for Financial Services and Treasury, virtual assets, consultation process, Securities and Futures Commission, SFCRead More [Read More...]
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.” Bank of England, Silicon Valley Bank, Erin Platts, Chapter 11, William Kosturos, Chief restructing officer, SVB Capital, SVB Securities.Read More [Read More...]
Diversified set of guardians required for safe self-custody: Vitalik Buterin
In a Reddit post, Buterin emphasized that having too much of a concentrated grasp of your self-custody wallets can be a bad thing if you get “hacked, coerced, or incapacitated or die.” Vitalik Buterin, Ethereum, Multisig wallet, Self recovery wallet, Wallet guardian, Self-custody walletRead More [Read More...]
Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks. business, banks, coinbase, cryptocurrency exchange, united statesRead More [Read More...]
Euler Finance hacked despite 10 audits in 2 years, says CEO
Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son. Halborn, blockchain security firm, Omnisica, Euler Labs, Euler Finance, Michael Bentley, Certora, Sherlock, Solidified, ZK Labs, audit.Read More [Read More...]
Euler hacker seemingly taking their chances, sends funds to crypto mixer
Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims. Euler finance, blockchain analytics firm, Peckshield, flash loan attack, crypto mixer, life savings, euler foundation, on-chain data.Read More [Read More...]
Bitcoin hash rate continues to rise, but DeFi is under threat: Report
New hardware is revolutionizing the mining industry, while other crypto sectors continue to falter. Read More [Read More...]
US officials appeal protections for Voyager execs in Binance.US sale
The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority. Voyager Digital, Binance.US, William Harrington, US Trustee, Bankruptcy Court, Exculpation Provision, Shingo Lavine, unregistered securitiesRead More [Read More...]
Bitcoin market cap flips tech giant Meta, widens gap on Visa
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla. Companies Market Cap, Gold, Apple, Silicon Valley Bank, Silvergate BankRead More [Read More...]
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. regulation, law, banks, fraud, silicon valleyRead More [Read More...]
Nissan files 4 new web3 trademarks, trials sales in the metaverse
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands. Nissan, Web3, NFT, Metaverse, United States Patent and Trademark Office, Infiniti, NismoRead More [Read More...]
Breaking: USDC slowly repegs on unconfirmed reports of SVB resolution
According to insiders, 50% of uninsured deposits will be paid out by next week. Cryptocurrencies, USDC, SVBRead More [Read More...]
Women in Web3 advocate for increased diversity in the ecosystem
Several women suggested that education and grassroots training can be effective tools in promoting diversity within the Web3 ecosystem. Technology, Web3, Women, Decentralization, MarketsRead More [Read More...]
‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD
David Hoffman apologized for spreading rumors about what he called a “Wells Notice Carpet Bombing” targeting crypto firms. SEC, United States, StablecoinRead More [Read More...]
Monetary policy of cryptocurrencies, explained
Monetary policy for cryptocurrencies is a game-changer — with fixed supplies and decentralized control, they challenge traditional monetary policy tools. Monetary policy, cryptocurrenciesRead More [Read More...]
India explores offline functionality of CBDCs: RBI executive director
In addition to offline functionality, RBI is gauging CBDC’s potential for cross-border transactions and linkage with legacy systems of other countries. CBDC, India, Central Bank, Reserve Bank of IndiaRead More [Read More...]