Turbulent year for crypto as illicit activity reaches new high
Illicit activity in the cryptocurrency reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.
Huobi introduces crypto-to-fiat debit card
Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.
Genesis owes over $3bn in debt, as DCG seeks funding – report
Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.
Jumbo bags $3.5m funding
Jumbo, a provider of a decentralised exchange built on the NEAR Protocol, has picked up $3.5m in funding.
The RegTech trends to watch out for in 2023
Since the onset of the Covid-19, the RegTech sector has witnessed a period of growth, with further growth expected going forward. What can be expected to happen in 2023?
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
Turkish central bank concludes first CBDC test transactions
The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.
Centbee bags $1m to support Bitcoin remittances
Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.
Kraken launches NFT marketplace beta to the public
Kraken, a digital asset platform, has unveiled the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs.
How Merkle aims to make crypto trading safer through enhanced compliance
Founded in 2018, Merkle Science is the next-generation predictive cryptocurrency risk and intelligence platform that helps crypto companies, financial institutions, and government entities detect, investigate, and prevent illegal activities involving cryptocurrencies.