Distressed cryptocurrency lender Voyager Digital (CRYPTO: VGX) is bolstering its liquidity by transferring large amounts of digital assets to Coinbase (NASDAQ: COIN).
Online brokerage firm Robinhood (NASDAQ: HOOD) has announced the global rollout of its self-custody Web3 wallet — Robinhood Wallet — to all iOS customers.
The wallet was previously available only to select beta users.
Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc (NASDAQ: COIN), the largest cryptocurrency exchange in the U.S., has spoken out about the regulatory crackdown on the crypto industry, reiterating that the exchange's staking product should not be classified as a
Decentralized finance protocol Platypus Finance (CRYPTO: PTP), which runs on Avalanche (CRYPTO: AVAX), has confirmed that two individuals suspected of hacking their system have been arrested by the French National Police.
Days after Platypus suffered major exploitation resulting in a loss of $9.1 million from three separate attacks, the decentralized-finance (DeFi) protocol announced a minimum of 63% of the funds would be distributed to users, regardless of any further update on fund recovery.
The Securities and Exchange Commission is not the regulator for stablecoins, according to Jeremy Allaire, CEO and founder of Circle Internet Financial Ltd.
The Financial Stability Board (FSB) said that many stablecoins will not meet the requirements stipulated in its upcoming recommendations for cryptocurrency asset regulation.
A research report by Bernstein suggested the recent regulatory action taken against the Binance USD (CRYPTO: BUSD) stablecoin and its issuer Paxos is specific to BUSD and cannot be