Key Takeaways Leading Singapore-based crypto exchange Crypto.com has filed an application for a U.S. National Trust Bank Charter with the Office of the Comptroller of the Currency (OCC), aiming to expand its custody and staking services under federal supervision. The…
A Manhattan federal judge in the US has declined to immediately rule on open source protocol Aave’s emergency bid to release $71 million in frozen Ether, scheduling a follow-up hearing for June 5 and ordering both sides to submit supplemental…
In a significant development, Roni Cohen-Pavon-former exceutive of now defunct crypto lending platform Celsius-is set to appear in the US District Court for the Southern District of New York on Thursday, days after agreeing to hand over $1.07 million linked…
Key Takeaways Banco Bisa, one of the Bolivia’s largest banks, has launched a new custody service for USDt (USDT), allowing customers to buy, sell, and transfer crypto directly through the bank. The newly introduced service will enable users to hold…
Key Takeaways Ethena Labs, a synthetic dollar ecosystem built on Ethereum, is facing scrutiny following revelations about its recent staking activities. On October 27, crypto investigator Nomad reported that Ethena staked 180 million ENA tokens for its Season 3 crypto-farming…
Key Takeaways Argentina’s Chamber of Deputies has voted to establish a special commission to investigate President Javier Milei’s role in promoting the cryptocurrency token $LIBRA, which saw a dramatic surge and collapse in value earlier this year. The vote, held…
Federal prosecutors have secured eight convictions in five months against Americans who helped North Korean IT workers infiltrate US companies. Matthew Isaac Knoot of Nashville and Erick Ntekereze Prince of New York were sentenced in separate courts in May for…
Key Takeaways In an unexpected twist, most of the funds stolen from a US government-controlled crypto wallet were returned just a day after the hack. The breach, which occurred Thursday, resulted in the theft of approximately $20 million in digital…
In a major development, federal prosecutors have told a New York judge they are not seeking significant jail time for Roni Cohen-Pavon, the former chief revenue officer of bankrupt crypto lender Celsius. They sought the relief stating Pavon’s willingness to…
Key Takeaways Leading decentralized exchange Aster is facing scrutiny after on-chain analysts observed that its trading volumes have begun to move almost identically to those on Binance’s perpetual markets, raising concerns of over deceptive trading practises. Digital asset analytics platform…
