Stellar dips into treasury to buy minority stake in MoneyGram
The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International.In an Aug. 15 X post,...
Business
Silvergate CEO to depart amid ongoing liquidation and investor suits
Silvergate CEO Alan Lane and two other key executives are set to depart from their positions amid a wind-down of...
New Zealand crypto exchange Dasset enters liquidation
Customers of Auckland, New Zealand-headquartered crypto exchange Dasset have been denied access to their funds, and the company’s representative has...
Binance Connect shutting down on August 16
Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August...
Prime Trust bankruptcy spotted by crypto community months ahead
Crypto custodian Prime Trust filed for Chapter 11 bankruptcy in the United States state of Delaware on Aug. 14 after...
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a...
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if...
Grayscale Bitcoin ETF decision could happen this week, say pundits
Grayscale Investments, which has been seeking to convert its Bitcoin (BTC) trust into a spot Bitcoin exchange-traded fund, could be...
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ventures...
Coinbase VP says Canada can be a ‘global leader’ in crypto
Cryptocurrency exchange Coinbase announced an expansion of its services offered to Canadian users on Aug. 14 through a partnership with...
Anthropic AI raises $100M from South Korea to bolster telecommunications industry
Artificial intelligence (AI) developer Anthropic said it will receive an additional $100 million in investment from the South Korean telecommunications...
A Deep Dive into NOW Solutions
The cryptocurrency industry has experienced exponential growth over the past decade, with a surge in both individual and institutional investors....
Sam Bankman-Fried spends 3rd night in notorious New York prison
Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New...
Solana Outages Gone? Network Boasts 100% Uptime in Q2
Share this article Despite its past of unreliability, a Q2 2023 Solana Network maintained an 100% uptime in Q2 2023,...
SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case
Top Stories This Week Judge revokes Sam Bankman-Fried’s bail, remands him to custody FTX’s former CEO, Sam “SBF” Bankman-Fried, had...
Visa Opens up to Crypto Partnerships After Six Month Hiatus
Visa entered its first partnership with a crypto firm in half a year. By signing a Memorandum of Understanding (MoU)...
Sotheby’s Faces Lawsuit Over Bored Ape Yacht Club Sale
Sotheby’s is being sued by Bored Ape Yacht Club (BAYC) investors. The auction house is named in a recent amendment...
Stablecoins could be key to upholding US dollar’s global reserve status: WSJ op-ed
Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the U.S. dollar...
PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2
In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged...
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
Bitcoin miner Bitdeer Technologies, a firm spun off from prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain, recorded a net...
Introducing Coinstore – The First Choice for the Initial Launch
Coinstore is a world-leading digital asset trading platform that strongly focuses on emerging high-growth markets. Founded in December 2020, the...
Circle preps $1B war chest to deal with market threats from PayPal and others
Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition...
