Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
Babel's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
Lido’s LDO Token Sinks 10% Following SEC Rumors
Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to...
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a...
Bitcoin’s Slow Week Upended by Concerns Regarding Crypto Bank Silvergate
Flat price action and mild volume took a turn after bitcoin and ether declined sharply late Thursday night.
Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say
Many investors fear that ETH’s price may tumble as the Shanghai upgrade will allow withdrawals for some $29 billion...
Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year
The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3,...
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
Crypto pioneer Xapo has quietly assembled interest bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial...
Silvergate Downgraded by JPM, Canaccord Amid Doubts of Bank’s Solvency
JPMorgan cut its recommendation on the stock to "Underweight" from "Neutral" and withdrew its price target.
Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public
A $7.5 million hack of the exchange in February 2022 was uncovered earlier this week by prominent crypto sleuth...
Dubai’s Crypto Industry Welcomes New Licensing Regime Amid Global Regulatory Uncertainty
The emirate’s ambitious framework tackles a broad range of assets and activities, designed to attract firms seeking regulatory clarity.
BridgeTower Capital to Onramp Lido, Offers Security Token For Avalanche’s Staking Rewards
The announcements highlight BridgeTower's emphasis on regulatory compliance.
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.
Chainlink’s New Platform Will Help Connect Web2 With Smart Contracts
The beta version of Chainlink Functions is now live on Ethereum Sepolia and Polygon Mumbai testnets.
Crypto Long & Short: Decentralized Exchange Research Ramps up
Decentralized exchanges (DEXes) have an intriguing road ahead amid the wreckage of FTX.
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
The Bank of England is experimenting with tokenizing assets for real estate sales, as well as developing a digital...
Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
The regulated DeFi asset manager was launched with a $5 million investment from the Web3 incubator.