Crypto / Digital Assets

Crypto / Digital Assets

Creditors of Bankrupt Crypto Firm QuadrigaCX to Get Payout

By Mark Johnston | 15/05/2023

The payout amounts to about 13 percent of the value of creditor claims filed against QuadrigaCX, which was found to be a Ponzi scheme and a fraud.

Enforcement

Lawsuit Alleges Jump Trading Manipulated TerraUSD Stablecoin

By Mark Johnston | 15/05/2023

Illinois lawsuit accuses high-frequency crypto trading firm Jump Trading manipulated TerraUSD stablecoin.

Crypto / Digital Assets

Jane Street, Jump Crypto to Scale Down US Crypto Business

By Editors | 13/05/2023

Jane Street Group and Jump Crypto are the latest firms to scale down US operations, citing regulatory uncertainty.

Crypto / Digital Assets

StanChart to Launch Digital Asset Custody Services from Dubai

By Editors | 13/05/2023

The UAE has a “well-balanced approach” to digital assets, making it an “ideal first market” for the launch, said CEO Bill Winters.

Crypto / Digital Assets

BIS Innovation Hub Publishes Guidance on Offline CBDC Payments

By Editors | 12/05/2023

The new handbook is intended as a guide for central banks that are considering the potential implementation of CBDCs with offline functionality.

Crypto / Digital Assets

IRS, Chainalysis Team Up to Support Ukraine Law Enforcement

By Editors | 11/05/2023

The IRS is sponsoring Ukraine’s access to a Chainalysis blockchain analysis tool and also organising cyber training sessions.

Crypto / Digital Assets

30 Firms to Launch “Network of Networks” for Digital Assets

By Editors | 11/05/2023

The Canton Network will provide a decentralised infrastructure that connects independent applications like Deutsche Börse’s D7 post-trade platform and Goldman’s GS DAP.

Crypto / Digital Assets

Ex-Coinbase Employee Sentenced to Jail for Insider Trading

By Editors | 11/05/2023

The former Coinbase product manager was sentenced to two years in prison for feeding his brother and a friend information about upcoming crypto listings.

Crypto / Digital Assets

Bankrupt FTX Affiliate Alameda Research Hit with $44b Tax Bill

By Mark Johnston | 10/05/2023

In bankruptcy proceedings, the IRS claims would take precedence over those of unsecured creditors, including FTX’s one million users.