Kraken Financial, a state-chartered bank, will offer custody services to institutional clients in both jurisdictions. Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has…
State Street plans to integrate blockchain for payment settlements, aligning with its strategy to include digital assets.State Street Corp., a Boston-based major player in traditional finance, is exploring the launch…
The victim transferred $399,000 worth USDT stablecoin to the scammers’ digital wallet.Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million,…
Aksakov warns about Hamster Kombat’s impact on public finances, citing rising susceptibility to external influences and potential harm. Anatoly Aksakov, head of Russia’s State Duma Banking Committee, has called for…
Despite being new, the TON Network has surpassed Optimism to become the 10th largest blockchain by total value locked (TVL). The Open Network (TON), initially developed by Telegram, has surpassed…
Judge Amy Berman Jackson ordered Finance.US to invest customers’ assets in U.S. Treasury bills, which are considered safe investments because the U.S. Treasury Department backs them. Binance.US also has to…
Bybit maintains strong reserve ratios, with BTC reserves at 107% and USDT at 103%, showcasing its financial stability. Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of…
On July 19, 2024, Senator Cynthia Lummis, a prominent advocate for digital currencies, once again praised Bitcoin’s resilience amidst a significant Microsoft outage. Lummis made a post on X, saying,…
WazirX and Liminal Custody, the lead actors of yesterday’s hacking fiasco are playing the Blame Game with each other for the success of the attack. The staggering $230 million crypto…
WazirX’s plan includes tracing stolen funds, recovering assets, and thorough investigation post-hack, after roping in forensic experts.In response to the devastating $230 million security breach, WazirX revealed that it has…
