IMF Releases A Paper To Provide Guidance On Cryptocurrency Policies
The International Monetary Fund (IMF) has issued a board paper to offer instructions on the drafting of adequate policies by…
What Should You Know About Proof-of-Reserves Audits?
Proof-of-reserves audits are independent examinations of a company's financial records to verify that they have the assets they claim to…
Embedded Finance Should Be A Key Focus For Crypto Companies – Report
As technology progresses and the cryptocurrency market continues to evolve, it's no surprise that crypto companies are looking for ways…
Voyager Subpoenas Bankman-Fried and Former Alameda Chief Ellison
Valerie AtohVoyager Committee of Unsecured Creditors (Voyager UCC) has served subpoenas to executives at FTX and Alameda Research, including FTX founder…
Bankruptcy Court Approves Compute North’s Reorganization Plan
Compute North announced its reorganization plan garnered court approval. The approval by the bankruptcy court judge came after the largest…
Auros Global Restructuring $18M Distressed Debt on Maple Finance
Crypto trading firm Auros Global announced reaching an agreement to restructure the missed settlements on the loans advanced as decentralized…
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Wormhole Bridge Fraudster Earns from $46M Staked in Maker, Purchases Wrapped Ether
The exploiter involved in the Wormhole bridge $320 million attack earns yields from staking the fraudulently gained tokens. A recent…
Nexo Is All Set To Halt Its Earn Interest Product For American Clients In April
After the settlement with the Securities and Exchange Commission of the United States in the previous month, Nexo (a crypto…
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Wrapped XRP (wXRP) – All You Need To Know
Wrapped XRP is a new digital asset that uses the Ripple protocol and is used to facilitate the Ripple network's…
Aave DeployingStablecoin GHO on Ethereum-based Goerli Testnet
Aave is set to rival fellow DeFi protocols by deploying native stablecoin GHO. GHO entry into the competitive space as…
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Bitfarms Pays $7.75M To Settle Debt With BlockFi
Bitfarms, one of the world's leading Bitcoin mining companies, recently announced a significant milestone after settling an outstanding loan with…
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MakerDAO Introducing Spark Protocol Lending Platform to Rival Aave Protocol
MakerDAO, decentralized finance (DeFi), is set to release Spark Protocol to improve DAI stablecoin utilization. The release of the lending…
Crypto Lending Firm SALT Nets $64.4M to Resume Business Operations
SALT announced reopening business operations following their suspension after the calamitous FTX collapse in November 2022. The firm announced raising…
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His Majesty’s Treasury Plans to Regulate UK Crypto Industry
Regulators in the UK Treasury confirm issuing a consultation document that will guide in regulating crypto firms. The consultation paper…
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Bitcoin Mining Reaches $24M Revenue As Analysts Project Stabilization For The Industry In 2023
Bitcoin mining has been a volatile industry for the past few years, with many miners needing help to keep up…
Voyager Creditors Refuse Alameda Research Request To Recover $446M Loan
In a turn of events, Voyager’s creditors have refused Alameda Research’s appeal to retrieve $446 million in assets following a…