Standard Chartered has established a new entity in Luxembourg to provide secure crypto and digital asset custody services across the European Union. Laurent Marochini, former innovation head at Societe Generale, has been appointed to lead the Luxembourg entity. Competing with financial giants like BNY Mellon and Fidelity, Standard Chartered aims to capture market share in … Read more
Polkadot-based parachain Phala has launched its Ethereum layer-2 network to expand its reach. The move continues the trend of new rollup networks on Ethereum and marks an advancement in rollup infrastructure. According to its announcement, Phala collaborated with zero-knowledge (ZK) proofs infrastructure provider Succinct Labs and rollup-as-a-service platform Conduit on the launch. Through the partnership, … Read more
Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media’s $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.783 BTC worth about $1 million with an average price of $102,220 per … Read more
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world of decentralized computing stands at a critical juncture. Chain diversity, while impressive, has presented users and developers with a fractured world of options that are not as scalable or dependable … Read more
On January 9th, 2023, Binance CEO CZ took to the X platform to address concerns surrounding the BNB whitepaper. He highlighted that the document did not foresee the potential incorporation of BNB as a strategic reserve asset. CZ emphasized the unpredictability of the crypto market, stating that he can merely adapt to ongoing developments rather … Read more
The Ronin Network partnered with Transak to simplify NFT and crypto purchases, improving blockchain gaming accessibility.
The hard drive containing over 8,000 Bitcoin was mistakenly disposed of in a landfill in 2013.
As his presidency begins, Donald Trump is poised to implement notable regulatory reforms within the cryptocurrency arena. Stakeholders in the industry are closely monitoring the promises made during his campaign, particularly regarding his intentions for Bitcoin (BTC) within his initial 100 days in office. Will Bitcoin Get Strategic Reserve Status?What Role Will the New Cryptocurrency … Read more
Jacob Gadikian, CEO of the blockchain services firm Notional Labs, has recently alleged that Terra’s downfall and UST’s dollar depeg were not caused by Do Kwon, the disgraced founder of the project. Gadikian stated that the real culprit behind this fraud, an unidentified attacker, remains at large. Blockchain Engineer States Terra’s Attacker Remains at Large, … Read more