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Crypto News

Fast coverage of the stories moving crypto markets.

Banks’ direct exposure to crypto less than 1% of total – BIS report

Compared to the end of June 2021, banks' crypto-assets under custody fell 66%, while their prudential exposure to crypto-assets grew 30%.

3 years ago

Analysis

Record-high digital asset investments in February 2023: CryptoCompare’s Monthly Review

BTC-based products saw a rise of 6.06%, bringing the total AUM to $20.0 billion, while ETH-based products saw a 1.72% increase.

3 years ago

Banking

Silvergate shares tank 46% after Coinbase severed payment partnership

Coinbase has dropped Silvergate as its payment partner; urges Prime users to update their payment instructions to Signature Bank.

3 years ago

Technology IOST +0.19%

IOST partnership with Amazon web pushes native token higher

The new partnership will see IOST integrate AWS 3.0 solutions into its ecosystem which would improve its Web3, Metaverse, DeFi, and NFT offerings.

3 years ago

Wallets

Ethereum launches ERC-4337 “smart accounts”

The upgrade allows for account recovery, group-access wallets, and more.

3 years ago

Crime

Arbitrum-based DEX ArbiSwap rugs users days after launch – token down 99%

Based on on-chain data, the Arbi rug pullers stole roughly 84 ETH from the project and already moved it to Tornado Cash.

3 years ago

NFTs ETH +0.79%

Crypto phishing scammer Monkey Drainer shuts down services

Monkey Drainer's phishing kit was used to steal around $13 million worth of digital assets, according to CertiK.

3 years ago

Exchanges

Binance custody arm ‘Ceffu’ to apply for license in Singapore

Ceffu will apply for a MAS license to enable it to offer custodial services to institutional investors in Singapore.

3 years ago

Stablecoins

Three Japanese banks to issue compliant stablecoins on ‘Japan Open Chain’

The Japanese banks are expected to issue legally backed stablecoins that can be used in Ethereum wallets like MetaMask.

3 years ago

Bankruptcy VGX +8.25%

32,000 Voyager customers may be on the hook for bankruptcy clawbacks

Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.

3 years ago

KYC MATIC +2.76%

Polygon open-sources its Web3 ID solution

The toolset, originally launched last year, can now be used more broadly.

3 years ago

Banking

Silvergate stock falls 32% after-hours after filing delay, possible inquiries

The crypto bank faces possible inquiries from U.S. Congress, the DOJ, and bank regulators.

3 years ago

Ordinals LINK +0.79%

CryptoSlate Wrapped Daily: Robinhood launches self-custody wallet; Poop emoji Ordinal sold for $28k

Robinhood has launched its self-custody crypto wallet for Apple devices. Meanwhile, Huobi advisor and TRON founder Justin Sun has called for unified crypto regulation. These and other stories in today's issue of CryptoSlate Wrapped Daily.

3 years ago

Crime

FTX executive Nishad Singh faces parallel charges from SEC, CFTC

The charges follow earlier action from the Southern District of New York (SDNY).

3 years ago

Gaming IMX -1.18%

Jon Jones’ UFC 285 opponent Ciryl Gane joins board of MMA NFT game MetaFight

Gane's involvement brings real-world expertise to the game as MetaFight offers a way to support young MMA athletes.

3 years ago

Adoption

DBS Digital Exchange CEO says investors prefer regulated platforms over yield

Singapore's DBS bank-backed exchange recorded an 80% increase in BTC trading volumes and doubled its user count in 2022.

3 years ago

Adoption

Chainlink launches web3 serverless developer platform to connect web2 APIs to web3

Chainlink Functions is a web3 serverless developer platform that allows the connection of decentralized apps or smart contracts to any Web2 API

3 years ago