Uphold, a crypto platform, has announced the beta launch of its self-custody wallet called Vault. This wallet aims to simplify the secure storage of digital assets while offering users the convenience of centralized financial applications and the on-chain security of complete self-custody. Uphold CEO, Simon McLoughlin, stated that the goal is to redefine self-custody for […]
Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face criminal charges, according to sources familiar with the matter. Justice Minister Andrej Milović in Montenegro plans to grant the extradition request made by U.S. officials. Kwon, who was arrested in Montenegro for using falsified travel documents, has also been […]
Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face criminal charges, according to sources familiar with the matter. Justice Minister Andrej Milović in Montenegro plans to grant the extradition request made by U.S. officials. Kwon, who was arrested in Montenegro for using falsified travel documents, has also been […]
Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions regarding the potential approval of Bitcoin exchange-traded funds (ETFs) proposed by asset managers. The SEC has never approved a spot cryptocurrency ETF before, instead choosing to delay decisions on applications. However, recent memos released by the SEC revealed meetings with representatives […]
Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions regarding the potential approval of Bitcoin exchange-traded funds (ETFs) proposed by asset managers. The SEC has never approved a spot cryptocurrency ETF before, instead choosing to delay decisions on applications. However, recent memos released by the SEC revealed meetings with representatives […]
Polychain Capital and Hack VC have led a $18 million Series A funding round for Babylon Chain, a protocol that aims to bridge the decentralized finance (DeFi) ecosystem with the Bitcoin blockchain. The funds will be used to support the development of Babylon’s Bitcoin Staking protocol, which allows proof-of-stake (PoS) networks to stake BTC, thereby […]
Polychain Capital and Hack VC have led a $18 million Series A funding round for Babylon Chain, a protocol that aims to bridge the decentralized finance (DeFi) ecosystem with the Bitcoin blockchain. The funds will be used to support the development of Babylon’s Bitcoin Staking protocol, which allows proof-of-stake (PoS) networks to stake BTC, thereby […]
Cryptocurrency exchange Binance’s unit in Abu Dhabi has decided to withdraw its application with the Emirate’s financial regulator. The exchange claims that this move is unrelated to its recent settlement with US authorities. Binance spokesperson stated that the decision was made after assessing the exchange’s global licensing needs. The application, which was withdrawn in November, […]
Cryptocurrency exchange Binance’s unit in Abu Dhabi has decided to withdraw its application with the Emirate’s financial regulator. The exchange claims that this move is unrelated to its recent settlement with US authorities. Binance spokesperson stated that the decision was made after assessing the exchange’s global licensing needs. The application, which was withdrawn in November, […]
Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]
