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FTX subsidiaries receive crypto licenses in Gibraltar and the Bahamas

FTX subsidiaries receive crypto licenses in Gibraltar and the Bahamas

Crypto exchange FTX’s subsidiaries in Gibraltar and the Bahamas have received licenses from local regulators.

The post FTX subsidiaries receive crypto licenses in Gibraltar and the Bahamas appeared first on The Block.

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Coinbase drops plans for crypto lending product after SEC tussle

Coinbase is no longer planning to launch a lending product, following the SEC’s view that the product would have been a security.

The post Coinbase drops plans for crypto lending product after SEC tussle appeared first on The Block.

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Homeland Security inks deal with Coinbase for its blockchain analytics software

The U.S. Department of Homeland Security has signed a deal with Coinbase to use its blockchain tracing software, Coinbase Analytics.

The post Homeland Security inks deal with Coinbase for its blockchain analytics software appeared first on The Block.

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Hacker steals $12 million in wrapped bitcoin from DeFi platform pNetwork

Cross-chain DeFi protocol pNetwork suffered an attack and lost the equivalent of 277 bitcoin, worth over $12 million.

The post Hacker steals $12 million in wrapped bitcoin from DeFi platform pNetwork appeared first on The Block.

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Freetrade hires Revolut’s Paul Brooking as new CFO

British stock trading app Freetrade has hired Paul Booking as chief financial officer, according to a press release.

The post Freetrade hires Revolut’s Paul Brooking as new CFO appeared first on The Block.

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El Salvador buys 150 more bitcoins, worth $6.8 million

El Salvador has purchased 150 more bitcoins (worth $6.8 million at current prices), President Nayib Bukele said on Twitter Monday.

The post El Salvador buys 150 more bitcoins, worth $6.8 million appeared first on The Block.

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Bitcoin fund launched by NYDIG has raised nearly $17 million to date

A bitcoin fund created by investment services firm NYDIG has raised nearly $17 million to date. 

The post Bitcoin fund launched by NYDIG has raised nearly $17 million to date appeared first on The Block.

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US officials now investigating Binance for potential insider trading, market manipulation: report

Bloomberg reported Friday that a broad U.S. government investigation into the operator of crypto exchange Binance has widened to include “whether Binance or its staff profited by taking advantage of its customers.”

The post US officials now investigating Binance for potential insider trading, market manipulation: report appeared first on The Block.

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Alabama’s securities regulator is also scrutinizing crypto lender Celsius

The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don’t constitute the sale of securities under state law.

The post Alabama’s securities regulator is also scrutinizing crypto lender Celsius appeared first on The Block.

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Wyoming-based DAO files S-1 with SEC for token distribution

A DAO out of Wyoming is looking to register with the SEC as a public company, according to a new S-1 filed with the agency.

The post Wyoming-based DAO files S-1 with SEC for token distribution appeared first on The Block.

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