Key takeaways: The Bank of England and HM Treasury have jointly disclosed the results of their consultation regarding the potential introduction of a digital pound.  Launched in February of the preceding year, the consultation garnered an impressive 50,000 responses from…
Key takeaways: Cryptocurrency exchange Coinbase is actively pursuing the addition of another Ethereum execution client to its infrastructure, responding to concerns over the dominance of the Geth client in the Ethereum ecosystem. Recent events highlighted a rare bug in Ethereum’s…
Key takeaways: The beleaguered cryptocurrency exchange Mt. Gox, infamous for the significant hack in 2014 that led to the loss of 850,000 BTC, might soon commence repayments in Bitcoin to certain creditors, according to information circulating on Reddit. Although Mt.…
Key takeaways: In a recent development, defunct cryptocurrency exchange FTX has reportedly offloaded nearly $1 billion worth of shares in Grayscale’s GBTC fund since the launch of the firm’s instrument as a spot bitcoin ETF. According to CoinDesk, which cited…
Key takeaways: In a recent development, US authorities are reportedly investigating B. Riley Financial Inc.’s transactions with a key client who has alleged connections to securities fraud. The investigation revolves around the use of the client’s assets to secure a…
key takeaways: Circle, a leading global financial technology company, has recently introduced a groundbreaking product to the cryptocurrency industry. The company has launched a wallet-as-a-service platform, revolutionizing the way individuals and businesses store, manage, and transact with digital assets. Circle…
Key takeaways: In a significant announcement at the World Economic Forum in Davos, Switzerland, Ripple CEO Brad Garlinghouse disclosed that the company is considering going public through an initial public offering (IPO) but outside the United States. The decision to…
Key takeaways: In an unexpected turn of events, the legal dispute surrounding the insolvency of cryptocurrency exchange FTX has taken a new twist, with Joseph Bankman and Barbara Fried, the parents of former CEO Sam Bankman-Fried, seeking the dismissal of…
key takeaways: The legal saga between Gemini, the cryptocurrency exchange founded by the Winklevoss twins, and Digital Currency Group (DCG), a prominent investment firm, has reached a pivotal moment. In a stunning move, Gemini has made a final offer, demanding…
key takeaways: The ongoing debate surrounding the classification of cryptocurrencies as securities has been a topic of great interest and contention within the financial industry. Recently, Bittrex, one of the leading cryptocurrency exchanges, has come forward to object to the…
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