Banq, the payments subsidiary of cryptocurrency custodian Prime Trust, filed for bankruptcy protection in the United States on June 13, according to court documents.
Tether, The stablecoin deviated slightly from its peg to the US dollar on June 15 due to Curve's 3pool imbalance. USDT price fell 0.3% to around 0.997 and its weight in the curve 3pool increased to over 70% from the usual 33.1%.
Cryptocurrency exchange Bybit will be looking to leverage artificial intelligence (AI) to provide users with a host of new trading tools and indicators through an integration with ChatGPT.
According to a June 15 announcement, a DeFi options platform uses social logins and undercollateralized trades to attract just-launched liquidity providers. The protocol, called "Synquote," is capable of handling large trades with much less slippage than previous options platforms, the team claims.
Lawyers for former FTX CEO Sam Bankman-Fried (also known as "SBF") are seeking to sever or dismiss six charges in his upcoming trial, claiming it could take years for Bahamian courts to rule on whether they allow him to He will stand trial For those crimes, according to a June 12 filing in federal court in New York.
On June 13, the long-awaited Hinman documents were finally unsealed and made public. The published documents provide valuable insight into a key 2018 speech by Bill Hinman, former director of the US Securities and Exchange Commission's (SEC) Division of Corporate Finance.
Atomic Wallet, a non-custodial decentralized wallet, has been hit by a stunning attack that has resulted in users reporting losing their entire cryptocurrency portfolios.
A new artificial intelligence (AI) startup and rival to ChatGPT creator OpenAI has raised $113 million in seed funding, bringing its valuation to $260 million just two months after launching.
Delio, a South Korea-based virtual asset manager and lending platform, has announced it is suspending customer withdrawals “to securely protect assets currently in custody for customers.”
B&S Holdings, formerly known as consignment operator Aventus, has been accused by Korean income platform Haru Invest of submitting fraudulent management reports containing "false information" and defrauding the company and its users.
Brink, a nonprofit organization aimed at supporting bitcoin developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start Small funding group.
Cryptocurrency exchange Coinbase has reached an agreement to redeem $64.5 million of 0.50% convertible senior notes due 2026, according to a June 15 announcement.
Goldman Sachs is now facing scrutiny from the US Federal Reserve and the US Securities and Exchange Commission (SEC) for its involvement in buying a portfolio of Silicon Valley Bank securities before the bank collapsed,
Professional investors remain enthusiastic about cryptocurrencies but want the backing of large traditional financial institutions before taking the plunge themselves, according to a survey by Nomura's digital assets unit.
