Arbitrum price dips further as whales dispose ARB tokens in millions
At press time, Arbitrum (ARB) was trading at $0.7665, after dropping 8.60% in a day. Three whales have…
FTX sues to recover $21 million from LayerZero Labs
The lawsuit focuses on a deal allowing Alameda Research to sell back a 5% stake in LayerZero. The…
Crypto firm LBRY files to challenge ruling it violated US Securities Law
The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and…
Casa Wallet rolls out new functionality for recently launched ETH vault
Casa added a multi-signature Ethereum self-custody vault to its initial BTC custody offering in June 2023. However, the…
US Treasury Department and the IRS propose crypto regulations for brokers
The regulations will start being implemented on or after January 1, 2026. The regulations require US-based brokers to…
Celsius (CEL) price remains strong even as ex-CEO assets get frozen
At the time of writing, Celsius was trading at $0.1439, up 13.87% in a day. The former Celsius…
Standard Chartered-backed Zodia Markets approved as a crypto broker in Abu Dhabi
The in-principle approval was given by the Abu Dhabi Global Market (ADGM). Abu Dhabi launched a $2 billion…
Genesis Global Trading to close its over-the-counter trading platform
Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay…
Visa expands its stablecoin capability to include USDC issued on Solana
Visa started venturing into USDC settlements back in 2021 through a partnership with Crypto.com. Crypto.com’s Australian card program’s…
South Korean Hana Bank and BitGo to launch joint crypto custody venture
Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024.…