Source: iStock/Cecilie_ArcursHardware wallet provider Ledger and cryptocurrency exchange Coinbase have announced a collaboration aimed at integrating Coinbase Pay into Ledger Live, a move aimed at enhancing the efficiency and security of cryptocurrency transactions. This collaboration aims to eliminate the complexities users previously faced and highlight a shared commitment to user-friendly solutions, propelling the mainstream adoption...

Fordefi is enhancing centralized exchange customers\' securityCrypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution for exchanges, fintech platforms and other centralized...

Image by Brian Yue, MidjourneyCrypto exchange Kraken published a report today detailing the data requests it received from official bodies last year. In a blog post, the exchange revealed that it had received a total of 4923 data requests in 2023, with U.S. agencies accounting for 1393 of those requests. Stay in-the-know with the 2023...

Source: AdobeRipple has announced a deal to acquire the New York-based digital asset platform Standard Custody and Trust Company, pending regulatory approval. Once the acquisition is finalized, Ripple will become the sole shareholder of Standard Custody, leveraging its limited-purpose trust charter and money transmitter licenses to enhance its regulatory license portfolio. Ripple’s expansion into the US...

Image by Jimmy Aki, DALL-E 3Steven Nerayoff, an early Ethereum advisor, leveled allegations at SEC Chair Gary Gensler on Tuesday, hinting at Gensler’s undisclosed deep ties with Ethereum and potential influence by the Chinese Communist Party (CCP). Steven Nerayoff Ethereum ETFs Stir the Pot Nerayoff alleged that the growing speculation surrounding an Ethereum ETF suggests...

Image by RareStock, AdobeStockThe Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities According to the FCA’s website, Banxa UK is registered to perform...

Image by Antonio, Adobe StockIn a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according to a February 12 press release from the...

Image Source: PixabayD8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi). In a recent press release, the company announced its launch on Polygon’s zkEVM, rolling out plans, use cases to institutional clients, on-chain solutions, and multiple stablecoin...

Bitcoin ransomware attackers reportedly leaked “sensitive data” belonging to “millions” of Venezuelan mobile carrier Digitel customers onto the internet on February 12. Per the X channel VE sin Filtro, the attackers hail from the MedusaBlog hacking group. Bitcoin Ransomware Attackers ‘Demanded $5million Worth of Coins’ The group reportedly infiltrated Digital’s networks on February 2 and...

Source: DALL·EThe United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism and Financial Intelligence, planned to detail the agency’s concerns regarding the use of virtual assets...