Markets

Earlier this week, the US Securities and Exchange Commission decided to drop its investigations into Coinbase and Robinhood’s crypto arm, and now, it did the same with Uniswap Labs, the developer behind Ethereum’s largest DEX. Uniswap now joined the other...

US Securities and Exchange Commission’s (SEC) Commissioner Hester M. Peirce — also known as “Crypto Mom” for her support of the crypto industry — recently made headlines by issuing a statement titled “There Must Be Some Way Out of Here.”...

Natasha Sayce-Zelem, formerly a technology head at Amazon, recently joined the UK high street bank, Lloyds. The bank was thrilled to hire the former Amazon executive as the new lead of the digitization of its revamped mortgage division. Reports say...

Indian payments giant Paytm recently entered into collaboration with the country’s government. The two signed a Memorandum of Understanding (MoU), aiming at boosting the growth of fintech startups in India. Specifically, Paytm signed an MoU with the Indian government’s Department...

PayPal recently entered into a new partnership with Verifone with the goal of boosting its in-person payments presence.  Thanks to the new team-up, enterprise merchants will soon be able to use the partners’ omnichannel solution. This is a solution that...

Bybit CEO Ben Zhou decided to launch a counteroffensive against the North Korean hacking collective known as Lazarus Group. The move comes less than a week after the hackers stole over $1.4 billion from Bybit, which was then also followed...

Bitcoin’s price saw a sharp pride dip at the start of this week which resulted in it going down below $90k per coin for the first time since mid-November 2024. Soon after, the shares of numerous major publicly listed Bitcoin...

The Avalanche Foundation announced that its highly anticipated Avalanche Card, a Visa credit card that allows users to make purchases using cryptocurrency, is now available. The foundation, which supports the development of the Avalanche blockchain, said the card can be...

The company operating the OKX cryptocurrency exchange has agreed to pay more than $504 million in fines and fees after admitting to violations of United States anti-money laundering laws. Aux Cayes Fintech, which runs OKX, pleaded guilty to operating an...

DeFinity Markets is a platform that offers digital asset trading and fiat solutions for institutional clients. The company recently announced its partnership with a crypto operations platform Utila, which offers its services to various enterprises.  The goal of the collaboration...

The Ethereum Foundation recently donated $1.25 million to Tornado Cash and its developer, Alexey Pertsev, to assist in their upcoming legal battle. Pertsev is currently preparing to appeal his conviction involving money laundering. The Ethereum Foundation publicly announced the donation,...

Aux Cayes Fintech, the operator of the popular crypto exchange OKX, recently pled guilty to one count of operating an unlicensed money-transmitting business. In doing so, the company admitted to breaking US anti-money laundering (AML) laws, and will now have...

Jeremy Allaire, the co-founder of Circle, recently stated that he thinks stablecoin issuers from around the world should be required to register with the US authorities. Not only that, but he believes that this should be a requirement regardless of...

Crypto exchange Bybit, which just last week suffered a $1.4 billion hacking attack, received great news recently after the UAE regulator, the Securities & Commodities Authority (SCA) granted it In-Principle Approval (IPA) to work as a Virtual Asset Platform Operator....

Flanks, a wealth management company based in Barcelona, recently concluded an equity round aimed at raising funds for the firm’s expansion across Europe. The round was led by Motive Ventures, which was also joined by a number of other big...