Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal. Cryptocurrency brokerage Voyager Digital is preparing to reopen its app and allow customers to finally withdraw their funds — nearly one year after it filed for Chapter 11 bankruptcy. Voyager’s bankruptcy plan administrator Paul Hage...Continue Reading

Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers. In just 22 years, generative AI may be able to fully automate half of all work activity conducted today, including tasks related to decision-making, management, and interfacing with stakeholders, according to a new report from McKinsey & Co. The...Continue Reading

The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability. Crypto trading platform Hashflow has assured affected users will be “made whole” following an exploit that saw at least $600,000 in digital assets removed from the platform. On June 14, blockchain security firm Peckshield reported an ongoing issue...Continue Reading

Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients. The Hong Kong Monetary Authority (HKMA), which serves as the region’s central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges...Continue Reading

A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space. The relatively under-the-radar crypto company Prometheum has been thrust into the spotlight after a recent testimony from its co-founder before a United States House Committee, discussing crypto regulatory clarity. On...Continue Reading

Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency. Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for United States presidency in 2024. He will join the likes of former U.S. President Donald Trump...Continue Reading

Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the attack resulted in a total loss...Continue Reading

The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates. The price of Bitcoin (BTC) has fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed announcement amidanother turbulent week for the crypto industry.  Within the span of 30 minutes on June 15, the...Continue Reading

“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules,” said Paul Grewal. Paul Grewal, chief legal officer of United States-based cryptocurrency firm Coinbase, has pushed back against a proposed rule change from the Securities and Exchange Commission (SEC) which could change the definition...Continue Reading

The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans. A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy, with some participants arguing that the proposal violates the principle of...Continue Reading