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Latest Results from /crypto

/crypto

RockWallet acquires Wyre’s user base

RockWallet has announced its acquisition of Wyre’s full customer base after the cryptocurrency payment platform shut down in June 2023.

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ECB will only use European suppliers for digital euro build

The European Central Bank has been explaining to MEPs its decision to search for possible providers to develop a digital euro platform and infrastructure.

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Fordefi secures $10m investment for crypto wallet-as-a-service

Cryptocurrency firm Fordefi is launching a wallet-as-a-service offering after raising $10 million in a seed-extension round.

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Ripple to acquire Standard Custody

Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.

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New York expands Digital Currency Group lawsuit to seek $3bn

New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.

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UBS launches tokenized warrant on public blockchain

UBS has launched Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network.

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Crypto custodian BitGo moves into private securities with Brassica acquisition

Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.

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Metaverse to place new demands on payment services - BIS

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

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Celsius to exit bankruptcy with $3 billion payout

Cryptocurrency company Celsius Network has begun a $3 billion payout in an approved plan to exit bankruptcy.

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Ripple co-founder's personal XRP accounts hacked

Ripple co-founder Chris Larsen says several of his personal XRP accounts have been hacked but dismissed speculation that the company's network was compromised.

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Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

/crypto

Ex-chancellor Osborne joins Coinbase as advisor

Former UK Chancellor of the Exchequer George Osborne has joined the advisory council of cryptocurrency exchange Coinbase.