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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banking news
- parent company collapsed Silvergate Bank will be removed from New York Stock Exchange (NYSE), and 230 of its employees will be let go, Silvergate Capital Said In the filing on May 11 US Securities and Exchange Commission ,seconds, The employees will be “separated” from May 12, leaving behind “approximately 80 officers and employees” to continue with Silvergate Bank’s liquidation process. The NYSE also suspended trading in its stock with delisting to begin “soon”.
legal news
- We have training Ukrainian Law Enforcement on Cryptocurrency Probe to Target Financial Networks Used by Sanctioned russian The Elite, The Wall Street Journal informed of, Ukrainian investigators are receiving advanced, in-person training on crypto investigations at the US Internal Revenue Service in Frankfurt.IR)’s Criminal-Investigation Division said.
nft news
- electronics giant LG Application for patent protection for television which enables users to trade non-fungible tokens (nft, The device will be able to establish a connection with an NFT market server, connect to users’ crypto wallets, receive and display preview artwork, allow the user to select an artwork for purchase, and store users’ cryptocurrency wallets. Will complete the purchase through.
DeFi News
- hydra headA scalping tool to transact on Cardano (ADA) Blockchain faster, now active on mainnet, developers Said, Developers can use it to add specialized, complex decentralized finance (DeFi) protocol on top of the blockchain, According for technical documentation.
- MakerDAOdecentralized platform behind Midwife stablecoin, published A comprehensive roadmap for a major update called Endgame, which will “introduce the mighty.” oh Tools to help less fanatical governance participants stay on top of all the details of the system and what’s happening. The roadmap consists of five phases: beta launch (expected in a few months), SubDAO launch, governance AI tools launch, governance participation incentive launch, and newchain launch and final endgame state.
- infrastructure provider P2P.org launched an unauthorized Ethereum expressed dappAllows users to interact with non-custodial expressed anonymously via P2P.org, with zero technical information, the press release said. “It’s user-friendly interface allows easy staking with just a few clicks directly from the website, eliminates the need for email registration, and simplifies the staking process,” it said. Users only need to connect their wallet and specify the amount they wish to stake.
investment news
- digital asset platform Bakkt announced its financial and operating results for Q1, Reporting: Net revenue of $13 million increased 4% year-over-year; Total operating expenses of $58.4 million decreased 4% year-over-year; Net loss of $44.9 million increased 4% year-over-year; and transaction accounts of approximately 690,000, an increase of 2% year-over-year.
legal news
- montenegro Approved the bail conditions proposed by the lawyers representing Earth founded by do quonWho was accused of fake passport. According According to a May 12 press release, the court accepted bail offers proposed for Kwan and Han Chang-joon, Terra’s chief financial officer, at €400,000 ($436,000) each. He was also put under house arrest instead of being taken into custody.