Huobi Reveals that it Burned $138 million Worth…

Huobi, one of the largest cryptocurrency exchanges in the world, has announced that it had burned 5.826 million Huobi tokens which, at current market value, amounts to about $138 million. This is following their commitment…

Bakkt

Bakkt Announces Peer-to-Peer Funtionalities on Bitcoin App

Bakkt Holdings has introduced broader Peer-to-Peer (P2P) capabilities that enable Bakkt users to send bitcoin, gift cards and cash to anyone, including those not currently using the Bakkt App. Gavin Michael, Chief Executive Officer at…

Change Closes $4.5m Crowdfund to Expand Crypto Neobroker…

Change has closed a $4.5M (€3.7M) crowdfund from 50 private investors at a $214M (€175M) valuation for its cryptocurrency investing platform for retail investors. Following the neobroker model, Change charges no fees on Bitcoin trades,…

WazirX Issued Notice by Indian Authorities Over Foreign…

WazirX, one of the largest crypto exchanges in India, has been issued a notice by the Enforcement Directorate (ED) of India for conducting transactions that are in violation of the Foreign Exchange Management Act (FEMA).…

blockchain

Crypto firm Ledger hits $1.5 billion valuation with…

Ledger, a digital asset management firm that started its journey as a hardware wallet, has acquired an investment of $380 million from a series of investors in its Series C funding round. The investors included…

Brian Franz

State Street Launches Division to Expand on Crypto,…

State Street has launched a new division focused on addressing the industry’s evolving shift to digital finance, State Street Digital, led by industry veteran and EVP Nadine Chakar. State Street has become one of the…

SEC and CFTC warn investors who consider exposure…

The SEC and CFTC made a joint statement urging investors considering a fund with exposure to the Bitcoin futures market to weigh carefully the potential risks and benefits of the investment. "Among other things, investors…

Gemini Custody

Gemini Acquires Shard X to Improve Crypto Exchange’s…

Gemini has acquired Shard X, a developer of secure multi-party computation (MPC) cryptographic technology to increase the speed with which Gemini can transfer customer assets and provide support for new asset listings and usage on…