Commerzbank receives a license to custody crypto assets to provide services to institutional clients It is the first bank in the country to receive such a license Commerzbank – the fourth-largest bank in Germany – announced it received a crypto custody license, earlier today. Notably, it is the first full-service bank to gain such aContinue reading “Germany’s fourth-largest bank secures crypto custody license”

Poloniex becomes the second crypto exchange owned by Justin Sun to lose millions to a hack Initial findings showed the loss exceeds the $60 million mark, but the latest report claims it to be over $100 million Update: The hack has now resulted in a loss exceeding $100 million, according to Arkham Intelligence. Additionally, theContinue reading “Justin Sun’s Poloniex reportedly loses over $60M”

Ethereum (ETH) joins the spot ETH league as Blackrock makes the first move towards its application The coin’s price has rallied in the market ever since the news started circulating on crypto Twitter Ethereum (ETH), the second-largest cryptocurrency in the market, has seen significant gains in the past hour. The rise comes right when cryptoContinue reading “ETH sees price gains as Blackrock moves toward spot Ethereum ETF filing”

The 12-member jury has found the FTX founder – SBF guilty of seven counts of fraud and money laundering charges The court will now move on to the second trial and the sentencing of the former crypto mogul, which is set to take place in Q1 2024 The verdict on the FTX Founder Sam Bankman-Fried’sContinue reading “Breaking: FTX founder Sam Bankman-Fried found guilty of all 7 counts”

SBF claimed “I don’t recall” to: when he discussed Signal auto-deletion with lawyers, asking for authorization to share “business-related spreadsheets over Signal”, specific conversations about this practice, if he violated the policy, and many other aspects.

A day after the court dismissed the case against Garlinghouse and Larsen, Judge Analisa Torres set the date for both parties to propose a joint briefing schedule. Here’s what is expected next.

Bitcoin enthusiasts were in for a treat as BTC moved way above the $30k mark and exchanged hands at $34k. And the one to cause this movement in the market was Blackrock’s Bitcoin Spot ETF application.

Ripple’s Brad Garlinghouse and Chris Larsen breathed a sigh of relief as the U.S. court dismissed their ongoing lawsuit with the U.S. SEC. XRP witnessed a surge in the last hour.

In a twist of events, US’s Securities and Exchange Commission (SEC) dropped all charges against Ripple’s Brad Garlinghouse and Chris Larsen. XRP reaped the benefits as it surged significantly.

As per the last hearing in SBF’s criminal trial, the defunct crypto exchange’s CEO’s spending habits gained limelight with Nishad Singh considering the CEO’s spending habits as unnecessary.

Fantom Foundation witnessed heavy losses due to a zero-day exploit on Chrome. While the exact amount lost due to this hack remains unknown, speculations have run amok on social media platforms.

SBF’s hearing has been getting interesting day after day and today, op 16 October, Nishad Singh, FTX’s chief engineer took the stand to share his side of events.