Ripple Unlocks 1 Billion XRP, Sends 28.5 Million to Bitstamp Exchange

Ripple recently unlocked 1 billion XRP from its escrow account, with more than half of the assets being returned to the escrow account. High-value transactions have been observed in the past two days leaving an unknown address to Bitstamp crypto exchange, which Ripple acquired an undisclosed stake in earlier this year. Ripple has used hundreds […]

Coinbase Secures Major Payment Institution License in Singapore

Coinbase has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its payment services in the country. This license will enable the exchange to provide digital token services to Singaporean individuals and institutions. Coinbase has also expressed its readiness to support Singapore’s local crypto and web3 […]

Chainlink CCIP Now Live on BNB Chain Mainnet, Enhancing Cross-Chain Development

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live on the BNB blockchain network. This integration with Chainlink will enable developers to securely expand their applications across chains. CCIP provides users with the ability to transfer tokens from one blockchain to another, using the lock-and-mint or burn-and-mint mechanisms. It also allows users to carry out Cross-chain […]

FTX Attacker Moves $38 Million in Ethereum Since Bankruptcy

The wallet associated with the hack of the bankrupt FTX exchange moved about $38 million in Ethereum (ETH) since it became active during the weekend. On-chain data shows that the attacker first transferred 6,250 ETH, worth $10.46 million, in three transactions through privacy tools like RailGun and THORChain. On Oct. 1, the attacker continued the […]

Coinbase Secures Major Regulatory Approval in Singapore

Coinbase, a United States-based cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This license enables the company to expand its digital payment token services to individuals and institutions in the country. The license also allows Coinbase to conduct payment services without being subjected to transaction limits […]

Hong Kong and Macau Authorities Make Fresh Arrests in JPEX Crypto Exchange Case

The JPEX saga continues with the latest development of 18 suspects being arrested in Hong Kong and Macau in connection with the crypto exchange case. A total of $2.8 million has been seized in both cash and gold.Charges have been filed against two individuals in Hong Kong for allegedly using Macau casinos to launder illicit […]

UK Chase Bank Gives Customers 14 Days to Finalize Crypto Payments

Chase Bank UK has recently announced that it will no longer accept payments related to crypto DeFi protocols. This decision has been met with criticism from crypto veteran investor and business magnate Brian Armstrong, who has advised UK crypto holders to close their Chase accounts. Coinbase and other top crypto exchanges have increased their global […]

Minswap Sees Surge in Activity After Launch of ADA/JPG Trading Pair

Minswap, the largest decentralized exchange on Cardano, has seen a surge in various metrics after months of low activity. According to DappRadar, Minswap’s unique active wallets and transaction count increased by 89.85% and 63.05%, respectively, over the past seven days. The volume was also up by 16%. During the same period, Minswap added 11.29k unique […]

FTX Exploit: Over $17 Million Transferred Across Five Addresses

An address linked to the FTX exploit, identified as 0x3e9, has recently conducted transfers exceeding 10,000 ETH, valued at more than $17.1 million, across five different addresses. A significant portion of 7,749 ETH, equivalent to $13 million, was directed toward the Thorchain router and Railgun contract. Additionally, the exploiter engaged in a swap involving 2,500 […]

Crypto.com, PayPal, and Paxos Unite to Advance Digital Commerce Synergies

Crypto.com, PayPal, and Paxos have joined forces to create a platform for PayPal USD (PYUSD) exchange. This collaboration is aimed at increasing cryptocurrency accessibility and advancing digital commerce. Joe Anzures, SVP and GM, Americas and Global Head of Payment Partnerships at Crypto.com, expressed his enthusiasm for the venture. He believes that this partnership will help […]