NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
“A VCE’s customer agreement should make clear the parties’ intentions to enter into a custodial…
Month: January 2023
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of…
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
With just a few days left before old Nigerian naira banknotes are removed from circulation,…
We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets….
Space Odyssey Loyalty Program by BitSpinCasino Dishes Out up to 15% Weekly Cashback & 300 Free Spins
Get rewarded for reaching new levels in the loyalty program by playing games and earning…
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures…
Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals
Developers are attempting to attack the forked testnet with malicious nodes to see if they…
When meme? Top crypto memes and their meaning
Memes have become an important, if somewhat humorous, part of the cryptocurrency community. The crypto…
Crypto tracker picks up trail of funds heisted from Harmony Bridge in June
The crypto detectives traced funds stolen by North Korean Lazarus Group through two mixers and…
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options” amid bankruptcy…
Binance Charity to provide over 30K Web3 scholarships in 2023
Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub…
3 signs Axie Infinity price risks giving up its 135% gains in January
AXS price has formed a “gravestone” doji on its daily chart that coupled with its…
Japan’s FSA expects to allow certain stablecoins by June 2023
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC…
Cardano recovers from an outage on 50% relay and block-producing nodes
An anomaly apparently caused around half of Cardano’s nodes to disconnect and restart over the…
Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher
Bitcoin could take a break from its sharp rally and if its price bounces off…