- The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.
- The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.
- Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.
- Ethereum staking saw strong demand from institutions following the Merge. Even if the adoption rate slows down in a few months, its future looks promising, say Vivek Chauhan and David Lawant, of FalconX.
- In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients.
- The jailed founder of collapsed cryptocurrency exchange FTX, has renewed his request to be released temporarily during the course of his trial.
- The crypto industry is expected to transition into a formal, regulated asset management industry from a ‘cottage industry’ with $50 billion of assets, the report said.
- Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.
- U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
- Armstrong has had an apparent fallout with his former business partners, several tweets suggest.
- The crypto industry’s business in Washington is coming to a head just as a looming congressional budget impasse could shut down an array of federal services next week. But the digital assets sector can expect its most important matters won’t go entirely dark, experts suggest, even if they’re dragged out longer than crypto firms had hoped.
- Optimism’s native token OP has dropped over 10% in a week, the most among the largest cryptocurrencies, ahead of its unlocking date that will increase the token’s supply.
- The firm has registered as a crypto exchange and custody wallet provider.
- Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.
- HTX, formerly Huobi, has been hacked with the total loss totaling 500 ether (ETH) worth around $8 million, according to HTX advisor and Tron founder Justin Sun.
- The central banker said she wanted to address “conspiracy theories” about government snooping
- Alison Mangiero, executive director the Proof of Stake Alliance (POSA), says confusion around the term “staking” has led to greater regulatory scrutiny.
- Mudrex successfully registered with Italy's Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.