The company provides regulated bank accounts and offers crypto purchases through affiliated exchanges. UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital, according to a press release on...Continue Reading

After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot. The Flare (FLR) token airdrop started on Mon., Jan. 9, nearly two years after a snapshot of Ripple (XRP) holders took place on Dec. 12, 2020. The FLR...Continue Reading

Exchanges should introduce decentralized finance to their centralized models to protect their customers and restore confidence in cryptocurrency. The business model that cryptocurrency exchanges currently use relies on ignorance and fear.  It relies on their customers not knowing much about decentralized finance (DeFi) and their fear of what could happen if they get things wrong...Continue Reading

Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition. According to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian users effective Jan 31, 2023. According to the firm, if users do not withdraw or convert their USDT assets by the deadline, then their Tether...Continue Reading

Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May 2022. Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had...Continue Reading

The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0. Web3 accelerator Beacon has wrapped up its first cohort with 13 graduating companies and has provided a venue for project founders to demo their blockchain-based startups.  Beacon’s first 12-week cohort, dubbed Cohort 0, kicked off in October...Continue Reading

The crypto exchange said there was a “timing mismatch in backing Binance-Peg BUSD with BUSD” seemingly showing data in which the stablecoin was not fully backed at times. Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”.  In...Continue Reading

MP Andrew Griffith and colleagues spoke before a hearing of the U.K. parliamentary Treasury Committee about payments technology and CBDC. The United Kingdom remains committed to becoming a world crypto industry hub in spite of the recent negative events that have occurred on the market. It is “the sector I have dedicated the most time...Continue Reading

Digital advocacy group Fight for the Future has rounded up a group of prominent signatories to its appeal for digital privacy, balanced power and human rights. Fight for the Future, a digital rights advocacy group, has posted an open letter on its website encouraging the new class of United States congresspeople to protect privacy. The...Continue Reading

This is believed to be the first insider trading case involving cryptocurrency. The brother of a former Coinbase product manager, Nikhil Wahi, has been sentenced to 10 months in prison for wire fraud conspiracy charges, in what is believed to be the first insider trading case involving cryptocurrency.  As reported by Reuters, Nikhil Wahi pleaded...Continue Reading