Blog – Page 3389 – Infotech

FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy

FTX leadership sues Sam Bankman-Fried over...

When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing a 99.5% decline in value.

Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’

Kraken, UK trade body derides lawmaker des...

CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration.

GridPlus to open source wallet firmware in Q3 amid Ledger debacle

GridPlus to open source wallet firmware in...

As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turn...

Ripple case: SEC Hinman docs could become public by June 6, lawyer suggests

Ripple case: SEC Hinman docs could become ...

The infamous Hinman Speech docs are required to be unsealed by June 6 according to a previous court order, suggests defense attorney James K. ...

Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

Korean lawmakers rally towards crypto rule...

Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets.

Revolut launches business offering in Australia, seeks banking license

Revolut launches business offering in Aust...

The crypto-friendly digital bank said the license would hold them to a higher “regulatory standard” that could give consumers confidence.

There’s a growing case for allowing crypto firms to bypass banks

There’s a growing case for allowing ...

Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins di...

Binance Australia suspends AUD fiat services, citing issues with third party

Binance Australia suspends AUD fiat servic...

Australian dollar deposits and withdrawals have been impacted due to a decision made by its third-party provider, it said in an announcement.

Australia marks first FX transaction using a CBDC as eAUD pilot continues

Australia marks first FX transaction using...

The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.