Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.
Decentral Block Post
Digital identity platform integrates with zkSync for on-chain KYC
RNS.ID’s on-chain KYC solution is designed on a “privacy engine” to encrypt users' data.
Binance acquires regulated crypto exchange in Japan
Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity.
Blockchain-based supply chain platform canned by IBM and Maersk
Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to digitize the supply chain industry.
CrossTower to acquire institutional prime brokerage BEQUANT
It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn.
The creator of the FTSE100 launches indices for crypto
The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022.
FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far.
Serum exchange rendered 'defunct' following the collapse of Alameda and FTX
The project shared that “a community-wide effort to fork Serum is going strong,” however.
EIB settles €100 million digital bond on private blockchain
"Unlike some cryptocurrencies using blockchain technology, the EIB's blockchain bond issues do not lead to extensive energy use," the bank wrote.
Dominica works with Huobi for digital identity program
The Commonwealth of Dominica has launched a digital identity program and national token in partnership with Huobi.
Blockchain-based fintech company prepares to enter $500B freight settlement market
Although rare, real-world blockchain utility does exist, now evidenced by one company’s efforts to reduce transactional fees in supply chains.
FTX reportedly used Alameda's bank accounts to process customer funds
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox admitted to using Alameda’s banking facilities for FTX user deposits.
National Bank of Ukraine releases draft concept for digital hryvnia
One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations.
LBRY alleges Apple forced it to censor certain terms during COVID-19
After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship.
Israel's chief economist lays out recommendations for crypto regulation
The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.
Calls for regulation get louder as FTX contagion continues to spread
The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever.
FTX resumes employee and contractor payments after weeks in limbo
The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda's Caroline Ellison.
FTX collapse impacts Miami’s nightclub scene: Report
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene.
Compound Finance to impose lending caps in light of failed Aave exploit
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.