Uniswap No Longer Under SEC Review
Uniswap Labs has announced that the United States Securities and Exchange Commission (SEC) has ended the three-year investigation of its platform. The crypto exchange shared this update after years of legal pressure. The SEC had been looking into Uniswap for...
Edgewater Joins Gold-i’s MatrixNET For Better Trading Access
Edgewater Markets has teamed up with financial technology company Gold-i, the companies said on Thursday. This connection links Edgewater’s trading system with Gold-i’s MatrixNET platform, allowing traders to access more liquidity and better trading tools. The partnership is expected to...
DPIIT and Paytm Support New Businesses In India
The Department for Promotion of Industry and Internal Trade (DPIIT) in India has signed an agreement with Paytm. This partnership will help young businesses in manufacturing and financial technology. According to the update, the goal is to give support, guidance,...
Former Amazon Tech Leader Joins Lloyds Bank’s Mortgage Division
A former technology leader at Amazon has joined Lloyds, a UK high street bank, to lead the digital changes in its mortgage division. Natasha Sayce-Zelem has taken the role of director of digital and business platforms for the bank’s homes...
US Asset Manager Franklin Templeton Just Launched The First Tokenized Fund
Franklin Templeton, the US-based asset manager, just launched the first fully tokenized investment fund in Luxembourg. The asset manager claims that this is the first fully tokenized fund in the industry and that it represents a major step forward in...
US SEC Ended Its Investigation Of Uniswap Labs, Opting Out Of Pursuing Enforcement Action
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 SEC’s ‘Crypto Mom’ Calls For Public Input To Help Define The Regulatory Treatment of Cryptocurrencies
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.”...
Former Amazon Executive Joins Lloyds As The Head Of Mortgages Division
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...
Payments Giant Paytm Signs A MoU With Indian Government To Boost The Growth Of Fintech Startups
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 and Verifone Team Up To Boost In-Person Payments Presence
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 Posts A Bounty On Lazarus Group After The Recent $1.4 Billion Hack
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...
Shares of Publicly Listed BTC Mining Firms Collapse As Bitcoin Price Drops Under $90k
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...
Avalanche Foundation Introduces Visa Credit Card For Crypto Payments
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...
OKX Operator Faces Over $504 Million In Penalties For Violating US Laws
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 Teams Up With Utila To Improve Institutions’ Access To Digital Asset Markets
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...