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Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
27.1.2023
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."
Custodia Bank Denied Federal Reserve System Membership
27.1.2023
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
U.K. Man Sentenced to 4 1/2 Years in Jail for Stealing $2.5M in Crypto
27.1.2023
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday
Bored Ape Rapper's NFT Mint Sells Out So Fast, Many Fans Left Mad, Empty-Handed
27.1.2023
The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from empty-handed fans as to whether or not it was a faulty drop
Tech’s Money Woes: Beginning of the End for Web2?
27.1.2023
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization
Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money
27.1.2023
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
27.1.2023
Officials in the Biden Administration urged Congress on Friday to expand the authority of regulators to police the crypto industry
BlockFi’s $10M Staff Bonus Package Approved by New Jersey Judge
27.1.2023
Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
27.1.2023
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D
Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg
27.1.2023
The investment firm’s crypto bets included now bankrupt FTX, which owned a 30% SkyBridge stake
Are There Tech Solutions to the Privacy and Compliance Tradeoffs for CBDCs?
27.1.2023
Users will likely demand cash-like privacy protections for central bank digital currencies, which regulations may not be able to provide
Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
27.1.2023
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
27.1.2023
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry
First Mover Americas: Layer 2 Tokens Take Lead
27.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Miner Argo Blockchain Faces Class Action Suit Over U.S. Share Sale
27.1.2023
Argo failed to disclose that it suffered from significant capital constraints, electricity and network difficulties, the suit says
Jihan Wu's Matrixport Cuts 10% of Staff
27.1.2023
At press time, Matrixport had more than 290 employees serving customers in 40 countries
DeFi Lender Aave Deploys V3 on Ethereum Network
27.1.2023
Decentralized lending and borrowing protocol Aave has deployed its third version on the Ethereum blockchain following unanimous support for a governance proposal
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
27.1.2023
Some of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said
Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum
27.1.2023
Trading volumes on Gains Network deployed on Arbitrum reached $230 million in the past 24 hours alone, data shows
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
27.1.2023
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a certain coin to make a profit