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Blockchain

Coinbase Launches New Crypto Lending Service For Institutional US Clients

Coinbase (COIN) has unveiled a new crypto-lending service specifically designed for institutional clients in the United States. This move comes as Coinbase aims to fill the void left by the setbacks experienced by firms like Genesis and BlockFi.

Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen Horowitz

Story Protocol, a startup that uses blockchain tech to track intellectual property (IP), has secured more than $54 million in funding driven by venture capital giant Andreessen Horowitz (a16z) crypto.

Sports Platform Sorare Unveils 3D Digital Football Player Cards with AR Integration, Launches Virtual Treasure Hunt

Non-fungible token (NFT)-based fantasy game and marketplace Sorare has announced its 3D digital football player cards with integrated augmented reality (AR) capabilities. 

Russian Lawmaker Backs CBDC To Displace Private Banking Sector

Russia’s Central Bank Digital Currency (CBDC) the digital ruble continues to garner steam with positive pronouncements on use cases made by financial regulators in the country.

Singapore Tops List of Crypto-Friendly Investment Migration Destinations

Singapore has emerged as the most preferred destination for crypto millionaires seeking secure and tax-friendly havens to protect their digital assets, according to the recently released Crypto Adoption Index by Henley & Partners. 

DOJ Claims Sam Bankman-Fried Has Sufficient Access to Laptop in Response to Jail Release Request

The US Department of Justice (DOJ) has claimed that Sam Bankman-Fried, the disgraced founder of now-defunct crypto exchange FTX, has sufficient access to a laptop computer for his defense.

Coinbase Launches New Crypto Lending Service For Institutional US Clients

Coinbase (COIN) has unveiled a new crypto-lending service specifically designed for institutional clients in the United States. This move comes as Coinbase aims to fill the void left by the setbacks experienced by firms like Genesis and BlockFi.

Synapse Token Price Plummets as Nima Capital Dumps 9 Million SNY Tokens – Community Suspects Rug Pull

On September 5, the native token of Synapse (SYN), a decentralized finance (DeFi) cross-chain bridge, experienced a substantial price drop as an unidentified liquidity provider offloaded approximately 9 million SYN tokens and withdrew all stablecoin liquidity from the platform.

Crypto Spot Trading to Cease at Genesis Global Trading — What’s happening?

Genesis Global Trading (GGT), a New York-based subsidiary of Barry Silbert's Digital Currency Group, is set to halt its crypto spot trading services as of September 18. The decision comes directly from the company and is described as a voluntary measure due to unspecified business reasons.

Breaking: Payments Firm VISA to Begin Using Solana Blockchain for Stablecoin Settlements

Visa, the global payments giant, has unveiled its expansion into the world of stablecoin payments, featuring integration with the Solana blockchain, and has initiated collaborations with prominent merchant banks, Worldpay and Nuvei.

Crypto’s Liquid Staking Sector Rises to Near Record High with $15 Billion Surge

While investors continue to withdraw capital from the decentralized finance (DeFi) industry at large, one particular sub-sector is growing at breakneck speed. Here's the latest.

Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak

Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector.

Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report

Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.

Japan Financial Regulator Moves To End ‘Paper Profits’ Tax On Digital Assets

Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets.

New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services

Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE). 

South Korea’s Hana Bank Partners with BitGo to Provide Digital Asset Custody Services

South Korean financial giant KEB Hana Bank has entered into a strategic business agreement with California-based crypto custody and security platform BitGo to offer digital asset custody (DAC) services to its clients starting next year.