Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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legal news
- A group Produce Creditors file a class action lawsuit (SCA) against its parent, the troubled cryptocurrency company digital currency group (DCG). US-based law firm Silver Golub and Titel filed a lawsuit against DCG and its founder, Barry Silbert, alleging violations of federal securities laws, Told Press release.
exchange news
- binance Issuer mistakenly placed collateral for some crypto assets in same wallet as funds belonging to its customers, Bloomberg Reported, citing a Binance spokesperson. “Collateralized assets were previously mistakenly transferred to this wallet and referred to as the B-Token Proof of Collateral page,” the person was quoted as saying. “Binance is aware of this mistake and is in the process of moving these assets to a dedicated collateralized wallet.” Assets placed with the exchange “have been and will continue to be backed 1:1.”
- binance processed approximately $346 million bitcoin (btc) for bitzlato The exchange, whose founder was arrested last week by US authorities for allegedly running a “money laundering engine” Reuters ReportedCiting data by blockchain research firm Chainalysis, A Binance spokesperson said it has “provided substantial assistance” to international law enforcement to support the investigation of Bitzlato.
- deribit selected Validus by platform EventProvider of multi-asset class trade surveillance and market risk solutions to provide market abuse monitoring on the Exchange. According According to the press release, Deribit will start using Validus from this quarter.
investment news
- quicknodeAn end-to-end development platform for web3 Builders Announces Closing of $60 Million Series B Funding Round 10T Holdings with participation from Tiger Global, seven seven six, Protocol LabsAnd quick estimates, among others. An announcement said this latest round valued QuickNode at $800M and would be used to “accelerate the company’s global expansion and further empower foundation builders for a decentralized, globally connected future”. ”
DeFi News
- Ethereum scaling solution zksync Integrated stop web3 domain in their Wallet and Checkout apps. To announcement, it allows their community to send and receive crypto with other zkSync wallets using human-readable names instead of random addresses. Plus, zkSync Checkout users can create payment links with their Invincible Web3 domains to share and collect crypto payments.
- crypto wallet Lemon Cash Integrated awe protocol In its application, creating decentralized finance (DeFi) platform available through Lemon Earn. An announcement said that, with more than 1.7 million users in Argentina and Brazil, the integration would allow users to invest in a variety of tokens, and would be the first of its kind. latam region.
- router protocolAn infrastructure layer enabling communication between blockchains, announced a partnership with fxdxA Decentralized On-Chain Derivatives Exchange To Power Its Cross-Chain Launch optimism, a Layer 2 scaling solution for Ethereum. According to a press release, “Going live on Optimism is an important step in FXDX’s multi-chain expansion – a growth strategy that will increase trading volumes and bring new users to the market. dap,
payment news
- financial services company Jabdi and podcasting platforms Spring, where listeners and podcasters are rewarded for the value they provide, today announced they have entered into a partnership and integrated bi-directional bitcoin streaming into the Fountain app. According to the announcement, “With this new integration, the Fountain app not only streams audio, but money flows in both directions along with it. This means listeners can support creators by paying for content per minute.” because they listen to it. When you stop listening, the money stops flowing and you only pay for what you actually listened to. Perhaps more exciting, integration works the other way around too , because fountain users will make money [BTC] For the first hour of listening to his daily podcast,” it said.
career news
- crypto exchange Kraken said it named CJ Rinaldi as its new chief compliance officer, hiring him from rival blockchain.comwall street journal Reported, Prior to joining London-based Blockchain.com in October 2021, Rinaldi was head of markets compliance in the US for the broker-dealer. Deutsche Bank Securities Inc.,
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