ru.ihodl.com
Investment Bank Cowen Closes its Crypto Division
US investment bank Cowen has just announced it is shutting down its cryptocurrency division Cowen Digital one year after launch.…
Activity on Crypto Exchanges Falls to Lowest Level Since October 2020
Trading volumes on centralized cryptocurrency exchanges in May fell to the lowest level since October 2020.…
OKX Launches Bitcoin Staking Solution
OKX has just introduced the BRC-30 standard, an enhanced version of BRC-20 that features a staking mechanism for Bitcoin-based tokens.…
Number of Bitcoin Ordinals NFTs Exceeds 10 Million
The number of NFTs on the Bitcoin blockchain issued thanks to the Ordinals protocol has reached 10,141,434.…
Cryptocurrency Exchange OKX Holds $10B in Bitcoin, Ethereum and USDT
Hong Kong-based Company First Digital Launches a Stablecoin
A Hong Kong-based qualified trust and custody company has just launched a new US dollar-linked stablecoin and regulated in Asia.…
Silvergate’s and Signature's Collapse Drives Demand for Crypto Specialists: Bloomberg
European financial institutions serving cryptocurrency firms started hiring compliance experts after the collapse of Silvergate and Signature banks.…
Bybit Announces it is Leaving Canada
Cryptocurrency exchange Bybit has just announced that it has taken the decision to leave the Canadian market.…
USDC Dominance Rate Drops to 23% in One Year
The dominance of the second largest stablecoin, USDC, has plummeted from 34.88% to 23.05% over the past 12 months.…
Tether to Start Mining Bitcoin in Uruguay
Roger Ver: Ethereum Expansion Accelerates Global Crypto Adoption
Roger Ver has said the Ethereum network has a large positive impact on the growth rate of the crypto market.…
Nansen Cuts 30% of Staff, Citing Brutal Year for Crypto
Nansen, an analytics platform for Ethereum, has reduced its staff by 30% on Tuesday, citing a brutal year for the crypto market. Subscribe to our Telegram channel to get daily short digests about events that shape the crypto worl…
Binance to Let Wealthy Clients Store Collateral at Banks: Report
Cryptocurrency exchange Binance is in talks with institutional clients about setting up a process, which would allow them to keep collateral for margin trading in spot and derivatives at banks, Bloomberg has learned, citing peopl…
Fantom Launches Program to Incentivize Projects on the Network
Smart contract platform Fantom has just launched a program to incentivize projects on the network through transaction fees.…
Bybit Receives In-Principle Approval to Operate in Kazakhstan
Cryptocurrency exchange Bybit has just received provisional approval to operate in Kazakhstan.…
Huobi Applies for License to Offer Spot Trading of Digital Assets in Hong Kong
Huobi has applied to Hong Kong's Securities and Futures Commission (SFC) for a license to offer spot trading of digital assets.…
European Commission to Develop a Legal Framework for Digital Euro
The European Commission (EC) plans to prepare legislative provisions for the digital euro by June 2023.…
Lack of Security Controls in Bitfinex Led to Hack in 2016: OCCPR
Crypto exchange Bitfinex suffered a hack attack in 2016 due to a failure to implement operational, financial, and technological controls proposed by BitGo, OCCRP has learned, citing a copy of a report by Ledger Labs, which was re…
Gemini, Genesis Want Court to Dismiss SEC Lawsuit Over Earn Product
Cryptocurrency exchange Gemini with troubled crypto broker Genesis have jointly filed motions to dismiss a lawsuit from the US Securities and Exchange Commission (SEC) against Gemini's Earn lending product. Subscribe to our T…
Peter Schiff Launches His Own Collection of Bitcoin NFTs
Euro Pacific Capital chairman and Bitcoin critic Peter Schiff has just announced the launch of his own collection of BTC-based NFTs.…
China Plans to Develop the Web3
Beijing is keen to further develop the Web3.…
Litecoin Teams Up with Rubic to Speed Up and Anonymize Transactions
Cross-chain exchange aggregator Rubic has just announced it has teamed up with non-profit Litecoin Foundation.…
Hackers Steal More Than $7.5M from DeFi Project Jimbos Protocol
The Jimbos Protocol project has been attacked by hackers and lost 4,090 ETH.…
Binance Suspends Deposits for 10 Tokens
Cryptocurrency exchange Binance has recently suspended the deposits for 10 tokens.…
Circle Launches an Euro-pegged Crypto on Avalanche
Circle has just launched the Euro Coin (EUROC), an Euro-pegged crypto, on the Avalanche network.…
Binance Rolls Out an NFT-secured Loan Service
The NFT marketplace of crypto exchange Binance has just added the option to make cryptocurrency loans secured by NFTs.…
Celsius Picks Fahrenheit as Winning Bidder to Oversee Bankruptcy Exit
Bankrupt crypto lender Celsius said it has selected a proposal from Fahrenheit, a group of venture capital firms, as the winning bid to oversee its bankruptcy exit. Subscribe to our Telegram channel to get daily short digests abo…
Japanese Crypto Exchange Coincheck Doesn't Rule Out its SPAC Listing Delay
Japanese cryptocurrency exchange Coincheck, a wholly owned subsidiary of Monex Group, Inc., said it might delay its SPAC listing on Nasdaq, citing little time before the deadline. Subscribe to our Telegram channel to get daily sh…
Semafor Attracts $19M to Buyback Bankman-Fried's Share
Semafor, a digital media startup for college-educated readers, has attracted $19 million to buyback Sam Bankman-Fried's stake in the firm. According to a report from Reuters, the fresh capital came from Yahoo Co-Founder, Jerr…
Sam Altman's Worldcoin Raises $115M in Series C Funding
Worldcoin, a cryptocurrency project aimed at distributing crypto with the help of an eye-scanning orbs, has secured $115 million in a Series C funding round, Reuters reports. Subscribe to our Telegram channel to get daily short d…
Japan Will Start Enforcing Travel Rule as of June 1
Starting next June 1, Japan's virtual asset service providers will start complying with the so-called FATF travel rule.…
China Launches a State Platform for Metaverse Development
The city of Nanjing has just launched a platform to promote and develop the metaverse.…
DeFi Project Fintoch Accused of Defrauding $31.6M
The team of DeFi project Fintoch team has allegedly committed an exit scam by withdrawing $31.6 million in digital assets.…
BNY Mellon Plans to Introduce Digital Assets in All its Business Units
Over the next year and a half, all divisions of financial holding company BNY Mellon will expand their product line for digital assets.…
Terra's Do Kwon Remains in Jail as Prosecutors Appealed Ruling
Disgraced crypto entrepreneur behind the troubled Terra ecosystem, Do Kwon, remains in jail after prosecutors appealed an earlier ruling, Bloomberg reports, citing court spokeswoman Marija Rakovic. Subscribe to our Telegram chann…
Gemini's Winklevoss Weigh in On Opening HQ in UK
Cryptocurrency exchange Gemini is thinking about setting up a "second headquarters" in London as the US market has become more hostile for crypto. Subscribe to our Telegram channel to get daily short digests about event…
Ripple Acquires Pantera Capital's Stake in Bitstamp
Ripple Labs has acquired Pantera Capital's minority stake in crypto exchange Bitstamp as the US-based company expands its international presence. Subscribe to our Telegram channel to get daily short digests about events that …
Ledger to Open Source Recovery Key Code Before Release
Cryptocurrency hardware wallet manufacturer Ledger said in a recent blog post it would first open source code for its controversial Recovery Key feature before releasing it. Subscribe to our Telegram channel to get daily short di…
Shapella Activation Boosts Amount of Ether in Staking
Following the activation of the Shapella hard fork on the Ethereum network, the volume of ETH in staking has registered an increase of 4.4 million coins.…
Daily Transactions on BNB Blockchain Hit Highest Level in a Year
The number of transactions on the BNB Chain blockchain reached 4.8 million last May 22.…
IOSCO Releases Recommendations on Crypto Regulation
The International Organization of Securities Commissions has published a set of recommendations on cryptoasset regulatory policy.…
Reuters Blasts Binance, Says Exchange Commingled Customer Funds
Crypto exchange Binance commingled customer funds with its revenue in 2020 and 2021, Reuters has learned, citing people familiar with the matter. Subscribe to our Telegram channel to get daily short digests about events that shap…
FBI Warns Crypto Job Seekers About Labor Trafficking in Asia
The FBI warned in a press release Tuesday there's an increased activity among bad actors targeting crypto job seekers. The agency said in the document, criminals are posting false job advertisements linked to labor traffickin…
TON to Back Startups with $25M Accelerator
The Open Network (TON) has announced a new $25 million accelerator program aimed at supporting projects "poised to make a sizeable impact in the growing TON ecosystem." Subscribe to our Telegram channel to get daily sho…
Hong Kong to Give Retail Investors Access to Crypto Starting June 1
The Securities and Futures Commission (SFC) has revealed in a recent press release it received responses from public consultation on the proposed regulatory requirements for the local crypto firms. Subscribe to our Telegram chann…
Crypto Funds Suffer Fifth Consecutive Week of Outflows
Fund outflows from crypto-based investment products between May 6 and 12 amounted to $32.1 million.…
US Lawmakers Draft Bill to Ban CBDCs
US lawmakers want to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC).…
Bakkt to Expand into European Market
Bakkt is considering expanding its business in Europe as the local regulatory framework strengthens.…
Miami International Holdings Buys LedgerX
Miami International Holdings has just announced it has reached an agreement to buy crypto derivatives platform LedgerX.…
Philippines Slams Gemini Derivatives Over Unlicensed Securities Offering
The Philippines Securities and Exchange Commission (PSEC) has warned in a statement on Monday that Gemini's international arm dubbed Gemini Derivatives is openly offering securities without proper registration. Subscribe to o…
BitMEX to Block Access to Hong Kong Clients from Main Domain
BitMEX said in a blog post on Monday its existing Hong Kong users starting from May 29 will no longer be able to access the main domain or API connections. Subscribe to our Telegram channel to get daily short digests ...…
Malaysia Orders Huobi Global to Cease Operations, Stop Marketing
The Securities Commission Malaysia (SC) has required Huobi Global to stop offering trading services in the country, saying the exchange has been operating illegally. Subscribe to our Telegram channel to get daily short digests ab…
Crypto Exchange Hotbit Shuts Down Over 'Series of Crises'
Cryptocurrency exchange Hotbit announced suspension of services after five years of operation. In a press release on Monday, the exchange said it had already ceased trading services and asked them to withdraw crypto before June 2…
Ripple CEO: Cryptocurrency Companies Will Leave the US
Brad Garlinghouse believes many cryptocurrency companies could leave the US in favor of more progressive jurisdictions.…
Max Keiser: Ethereum and Other Altcoins Are Securities
Max Keiser has thrown his support behind SEC chief Gary Gensler's stance that all cryptos, with the exception of Bitcoin, are securities.…
Texas Plans to Force Crypto Exchanges to Confirm Their Reserves
Cryptocurrency exchanges intending to do business in Texas will be required to maintain sufficient reserves to meet all obligations to their customers.…
Robert Kiyosaki Recommends Investing in Bitcoin and Gold Once Again
The successful author of Rich Dad Poor Dad has recommended buying Bitcoin, gold and silver and has criticized the US government.…
Tornado Cash DAO Suffers Hacker Attack
The Tornado Cash DAO organization suffered a hacker attack, giving an unidentified attacker a full control over the smart contract. On May 20, 2023, Paradigm's analytic @samczsun said in a tweet that Tornado Cash governance e…
Hong Kong Starts Pilot of e-HKD with 16 Companies
Hong Kong has started the pilot of its digital version of the Hong Kong dollar, dubbed the e-HKD, The South China Morning Post reports. Subscribe to our Telegram channel to get daily short digests about events that shape the cryp…
Crypto VC Firm HashKey Group Seeks $200M at $1B Valuation: Report
Asian cryptocurrency investment firm HashKey Group is in early-stage talks to raise between $100-200 million at $1 billion valuation, Bloomberg has learned, citing people familiar with the matter. Subscribe to our Telegram channe…
Ripple Launches a Platform for Issuing CBDCs and Stablecoins
Ripple has just announced the launch of the Ripple CBDC platform.…
CFTC Chairman Says DEXes Must Be Regulated
The CFTC chairman has said decentralized exchanges will be regulated by his agency or the SEC.…
Coinbase Launches Fee-free Trading Service
Coinbase intends to start offering its Coinbase One service in the UK, Ireland and Germany.…
Australia's Banking Giant Bars Access to Binance
Binance Australia, the Australian arm of the Binance crypto exchange, said in a tweet on Thursday it is unable to facilitate PayID AUD deposits, citing a decision made by its third party payment service provider. Subscribe to our…
Grayscale Reveals SEC's Dangerous Stand on Filecoin
Grayscale Investment revealed in a recent press release the US Securities and Exchange Commission believes that filecoin (FIL) meets the definition of a security under the federal securities laws. Subscribe to our Telegram channe…
FTX Wants to Get Back $240M from Embed Acquisition
Bankrupt cryptocurrency exchange FTX has filed three lawsuits against Sam Bankman-Fried, Embed's CEO, Michael Giles, and the company's shareholders, demanding over $240 million, which was spent on the acquisition of the &…
Wall Street in Talks to Restart Celsius: Report
Two Wall Street giants Apollo Global Management and Fortress Investment Group are eager to restart the now-bankrupt crypto lending firm Celsius under new management, The Wall Street Journal has learned, citing people familiar wit…
Voyager Customers Could Recover 35.7% of Claims
The US Bankruptcy Court for the Southern District of New York yesterday approved the bankruptcy plan of cryptocurrency broker Voyager.…
Uranium Finance Hacker Moves 650 ETH to Crypto Mixer Tornado Cash
Last May 16, a wallet linked to the Uranium Finance protocol hack moved 650 ETH to cryptocurrency mixer Tornado Cash.…
Coinbase is Expanding its Services in Singapore
US cryptocurrency exchange Coinbase is expanding its services in Singapore.…
France Wants to Attract Crypto Companies Leaving the US
Cryptocurrency companies that decide to leave the US market due to pressure from regulators will be welcome in France.…
Coinbase's Armstrong Raises $40M for Biotech Startup
Biotech startup NewLimit, co-founded by Brian Armstrong and Blake Byers, has secured $40 million in Series A funding to boost its mission of extending human healthspan. Subscribe to our Telegram channel to get daily short digests…
China Property Giant Wants to Open Crypto Business in Hong Kong
Greenland Financial Technology Group, a wholly owned subsidiary of China's state property giant Greenland Holdings, is planning to apply for a license to open a crypto business in Hong Kong, the South China Morning Post repor…
Ripple Buys Swiss Crypto Custodian Metaco for $250M
American fintech firm Ripple has acquired Swiss crypto custodian Metaco for $250 million as the firm is exploring new options to diversify its business. Subscribe to our Telegram channel to get daily short digests about events th…
Tether to Start Allocating 15% of Profits in Bitcoin
Stablecoin issuer Tether International will start allocating as much as 15% of its net realized operating profits in bitcoin (BTC) as the company believes this strategy will further "strengthen and diversify the reserves.&qu…
Bitcoin Miners' Revenues Soar Thanks to BRC-20 Standard Popularity: Glassnode
Bitcoin miners' daily revenues from per-block fees has surpassed their mining rewards for the fifth time in history.…
FDIC Believes Cryptocurrencies Are One of the Reasons for Signature's Collapse
The US Federal Deposit Insurance Corporation has suggested cryptocurrencies are one of the reasons for Signature's collapse.…
OKX Plans to Add Support for Ordinals and BRC-20 Standard
Cryptocurrency exchange OKX will allow users to issue and exchange Ordinals and BRC-20 tokens.…
EU Council Supports Draft Law on Regulation of Digital Assets
The Council of the European Union has just unanimously approved the draft law to regulate the crypto assets market (MiCA).…
Kaspersky Warns Scammers Distribute Fake Trezor Wallets
Scammers are now distributing fake versions of the Trezor crypto wallet through a trusted seller. In a blog post, the analysts said the fake versions even had the holographic stickers both on the box and the wallet itself. Subscr…
Ledger in Hot Water Over Dubious New Feature
Crypto hardware wallet manufacturer Ledger SAS has faced criticism over its new opt-in feature called Ledger Recover that encrypts seed phrase and distributes its shards among Ledger's trusted custodians. Subscribe to our Tel…
Justin Sun Accused Huobi Founder's Brother of Dumping HT Tokens
Huobi stakeholder Justin Sun has accused the brother of Huobi Founder Li Lin, Li Wei, of dumping huobi token (HT), which he received "for free." Subscribe to our Telegram channel to get daily short digests about events …
Jump Trading Made $1B+ by Saving Terra's Failed Stablecoin: Report
Market maker Jump Trading earned over $1.2 billion in a secret deal with Terraform Labs by saving failed algorithmic stablecoin terraUSD (UST) before it eventually crashed, The Wall Street Journal has learned, citing new court fi…
BlockFi to Liquidate its Cryptocurrency Lending Platform
Cryptocurrency lender BlockFi plans to liquidate its lending platform after failing to sell it.…
Hackers Steal More Than $15M Through Fake HitBTC Exchange Site
A group of attackers have managed to steal more than $15 million in Bitcoin, Ethereum, USDT and other cryptocurrencies through a fake HitBTC exchange website.…
Bitcoin Cash Network Activates CashTokens Update
Bitcoin Cash developers have just released the CashTokens update.…
South Korean Authorities Raid the Offices of Upbit and Bithumb
South Korean prosecutors have conducted raids and asset seizures at the offices of Upbit and Bithumb.…
OpenAI's Altman Set to Secure $100M for Worldcoin: Report
OpenAI Chief Executive, Sam Altman, is about to raise $100 million for his iris-scanning crypto project Worldcoin as the company is set to launch the product in the coming weeks. Subscribe to our Telegram channel to get daily sho…
Samsung to Pilot Offline CBDC Payments with Bank of Korea
Korean tech giant Samsung Electronics will conduct offline payments based on a central bank digital currency in a partnership with the Bank of Korea, a local news media outlet KBS WORLD reports. Subscribe to our Telegram channel …
QuadrigaCX Creditors to Get Less Than 14% of Interim Dividend
Clients of the now-bankrupt Canadian crypto exchange QuadrigaCX will get only 13% of their claim as an interim dividend at price rates of 2019. Subscribe to our Telegram channel to get daily short digests about events that shape …
US DOJ to Target Illicit Behavior on Crypto Exchanges
The Department of Justice (DOJ) has started targeting crypto exchanges due to their role in illicit behavior on the crypto market. Subscribe to our Telegram channel to get daily short digests about events that shape the crypto wo…
Number of Bitcoin Investors with 1 BTC or More Exceeds 1 Million: Report
The number of Bitcoin addresses containing at least 1 BTC has surpassed the 1 million barrier.…
Bakkt Mass Delists DeFi Tokens from Apex Crypto Platform
Institutional platform Bakkt has just delisted most of the DeFi tokens from Apex Crypto, which it has recently acquired.…
Texas Intends to Include Cryptos in State Rights Law
The US state parliament of Texas could approve an amendment to the state law granting residents the right to use cryptos.…
EU Will Force Crypto Companies to Report on Their Clients' Balances
European Union authorities intend to force companies associated with digital assets to provide information on their clients' balances.…
Binance Leaves Canada, Says Regulation 'No Longer Tenable'
Cryptocurrency exchange Binance is leaving the Canadian market, saying the local regulation is "no longer tenable." In a tweet announcement, the exchange said it was trying to find "other reasonable avenues" t…
Crypto VC Firm Paradigm Puts $50M in Coinbase Shares
A crypto-focused investment firm Paradigm founded by Coinbase's Co-Founder, Fred Ehrsam, has purchased $50 million worth of Coinbase shares, according to a recent regulatory filing with the US Securities and Exchange Commissi…
Binance.US Seeks Options to Break Away from Changpeng Zhao: Report
Binance.US, the American affiliate of Binance, is exploring options to cut Changpeng Zhao from his stake in the company, The Information reports, citing two people familiar with the matter. Subscribe to our Telegram channel to ge…
Terra's Do Kwon Released in Montenegro on Bail: Report
Ex-Terraform Labs boss, Do Kwon, and his business partner, Han Chang-joon, have reportedly been released on bail set at $436,000 per person, according to a report from a local news media Pobjeda. Subscribe to our Telegram channel…
Argentina Wants to Tighten Control Over Crypto Transactions
Argentina's central bank has developed a document that would result in companies associated with digital assets in Argentina facing some difficulties.…