Hong Kong crypto firms seeing interest from Chinese banks: Report
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban…
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged…
Lido Finance activates staking rate limit after more than 150,000 ETH staked
Lido Finance had to activate its safety feature — staking rate limit — after over 150,000 ETH was…
Coinbase hit with proposed trademark lawsuit over Nano derivative products
NanoLabs has filed a trademark infringement lawsuit against crypto exchange Coinbase for its Nano Bitcoin futures contract and…
South Korea’s Kimchi premium turns to discount
The “Kimchi premium” has flipped to discount again, and that could be saying something about crypto market sentiment,…
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown…
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos said it will engage with the U.S. securities regulator on the matter and is prepared to “vigorously…
SEC’s crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the…
North Korea stole more crypto in 2022 than any other year: UN report
A report submitted to the United Nations found North Korean cyber attacks have become vastly more sophisticated and…
Crypto firms could face 2 years jail for breaching UK advertising laws
Crypto firms in the United Kingdom could face some harsh punishments under the FCA’s proposed financial promotions regime.