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Blockchain
Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show.The move…
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Cryptocurrency payments service provider Ripple continues to see global adoption of its payment services despite a long-winded legal battle with the United States…
Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer…
On June 13, the long-awaited Hinman documents were finally unsealed and released to the public. The unveiled documents offer valuable insights into a significant…
North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency…
Footwear conglomerate Puma launches 3D Web3 experience
On June 13, German footwear conglomerate Puma launched its 3D metaverse experience, Black Station. As told by developers, Black Station is an “experiential home”…
Crypto yield platform Haru suspends transfers after investigation
On June 13, South Korean yield platform Haru Invest announced that it would be suspending deposits and withdrawals effective immediately. “First of all, the…
Unfazed by SEC tumult, top banks work to make blockchains interoperable
Amid all the tumult in the crypto world, some of the world’s largest banks have been quietly reflecting on ways to bring digital assets to institutional…
Board member Yat Siu answers community concerns on ApeCoin DAO salary payouts
The leaders of the decentralized autonomous organization (DAO) governing the ApeCoin ecosystem have been criticized by community members for what they described…
Fear of blockchain will have ‘disastrous consequences’ — Ava Labs CEO…
Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face…
Ripple expands Canadian engineering activities with U of Toronto XRP validator
The University of Toronto plans to launch an independent XRP Ledger (XRPL) validator, Ripple announced June 12, as the university will become part of Ripple’s…