Trading
Exchanges
Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe
Binance says its current focus is ensuring compliance with the forthcoming Markets in Crypto Assets (MiCA) regulations.
Mining
Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin
CEO Jaime Leverton says the credit facility provides the firm with "additional financial flexibility."
Technology
Satellite-based ‘Space Wallet’ reimagines transaction security
The Space Wallet provides enhanced security against physical access-based attacks.
Technology
NEAR Protocol feels a boost following Alibaba Cloud partnership
The partnership with Alibaba Cloud would grant access to the cloud developer ecosystem in key regions.
Investments
Haru Invest execs grounded in South Korea amid fraud suspicions
South Korean prosuectors said the ban is a preemptive measure.
Exchanges
Crypto.com expands global reach with VASP registration in Spain
Crypto.com has secured a litany of regulatory licenses across various jurisdctions, including Singapore, Dubai etc.
Legal
FTX files complaint to retrieve $700M from “super-networker” Bankman-Fried courted for connections
FTX described SBF as a "profligate patron" of high-profile networker Michael Kives and his co-founder Bryan Baum.
Stablecoins
TrueUSD maintains it has no exposure to Prime Trust despite community claims
Adam Cochran questioned if TUSD minting and redemption is still available - the company states services remain open via other rails.
Deals
BitGo backs out of deal to acquire Prime Trust
Prime Trust's subsidiary, Banq, had filed for bankruptcy earlier in the month.
Investments
MicroStrategy becomes profitable on Bitcoin bet as BTC surges past $30k
MicroStrategy is sitting on over $30 million in unrealized profits from its Bitcoin investment.
Exchanges
Bitcoin trades at $500 discount on Binance.US amid liquidity crisis
Binance.US has experienced serious USD liquidity issues since its banking partners halted payment channels.
Mining
CleanSpark adds hashrate with $9.3M acquisition of Georgia mining campuses
CleanSpark said the mining facilities would house over 6,000 Antminer S19 XPs and S19J Pro+s machines.
