Brazilian payment app PicPay launches crypto exchange with Paxos
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.
Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
BREAKING: Curve Finance team warns users to avoid using site until further notice
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far.
Voyager plans to resume cash withdrawals on Aug. 11
The lending firm said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period, with the funds received...
Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the...
US lawmakers request crypto firms provide info on diversity and inclusion
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter.
Decentralized finance faces multiple barriers to mainstream adoption
While it may be one of the most popular sectors within the crypto market, decentralized finance still has barriers to overcome before reaching mass...
Coinbase hit with 2 fresh lawsuits amid SEC probe
In both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company's business, operations and compliance efforts throughout the class period.
Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’
As self-custody puts a lot of responsibility on a user, many may find it way too uncomfortable or too hard to handle.
Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield
The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.”
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Talking with Eva Kaili, VP of the European Parliament, on MiCA regulation
The vice president of the European Parliament shares her perspective on the European Union’s Markets in Crypto-Assets legislation and how it would affect the...
Indian authorities freeze more crypto funds over money laundering allegations
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds...
Crypto Biz: A Futurist take on crypto
The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda.