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The firm said it is advancing to the second phase because of the satisfactory results it got from the first phase of trials. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced the advancement of its Central Bank Digital Currency (CBDC) and is set to move on to a second
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Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse.Trezor announced on Feb. 27 that it would begin producing the chip wrapper, a crucial component for the Trezor Model T — its flagship device. The move will
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"If the government wants to litigate that" Voyager's sale of VGX tokens was an offering of securities, it should have done so, he said, referring to an SEC attorney's statement that the proposed sale may have securities law tie-ups. However, the regulators did not choose to do so; based on
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In the lawsuit, FTX said that Grayscale has been charging exorbitant management fees. They noted that “Grayscale’s actions have resulted in the Trusts’ shares trading at approximately a 50% discount to Net Asset Value”. In the latest development bankrupt crypto exchange FTX is suing the world’s largest crypto asset manager Grayscale
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Silvergate has had a rough week, after disclosing on Wednesday that it would delay the filing of its annual report due to questions from its auditors. In the same notice, the bank admitted it was facing investigations from bank regulators and the U.S. Department of Justice, and said its ability
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Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two companies.” Harnessing the Benefits of the Blockchain The Zimbabwean blockchain startup
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Imran Lakha says the crypto market by and large relies on BTC remaining at its $21-$22k threshold, but with macro trends present, the digital asset could trade lower before it rises. Source
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Short-bitcoin funds saw inflows of $10 million last week compared with outflows of $12 million from long positions, according to crypto asset manager CoinShares, as upbeat U.S. economic data weakened investors’ appetite for risky assets. BTC fell below $23,000 on Saturday, its lowest point since Feb. 15. Short-bitcoin funds, which
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Bitcoin's relative stability is reflective of mainstream disinterest in the crypto market, one observer said. Original Source
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Counsel for the former exchange executive says the subpoena from Voyager is procedurally deficient, presents an undue burden, and potentially violates his fifth amendment rights. Source
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