Finance and Business News

State Street Global Advisors (SSGA) and Galaxy Digital are planning to introduce a new line of crypto-based exchange-traded funds (ETFs).

The United States Department has unveiled $5 million reward to anyone who could provide information on OneCoin Cryptoqueen

Blockchain investment giant Animoca Brands is reportedly on track to go public next year according to reports from anonymous sources

Binance Exchange has secured the VASP license for its subsidiary Binance FZE in the United Arab Emirates in global expansion

Justin Kim, the head of Ava Labs in South Korea, underlined the importance of artist protection, and confirmed his firm's expansion plans.

ZachXBT provided further insights into the BtcTurk attack, suggesting that over $54 million in AVAX were transferred during the breach.

Ledger CTO Charles Guillemet described the withdrawal of Monero (XMR) as suspicious owing to its inherent anonymizing qualities.

BitFlyer Holdings is in advanced negotiations to purchase FTX Japan. The company plans to acquire all shares of FTX Japan.

In April, the IRS released an early version of Form 1099-DA, which is part of the tax reporting rules proposed last August.

Binance is classified as a reporting entity under Section 2(sa)(vi) of the PMLA, as it operates as a Virtual Digital Asset Service Provider.

The National Australian Bank has injected capital into Zodia Custody, a crypto custodian and infrastructure service provider

Crypto hedge fund Pantera Capital has expanding its investment scope with plans to bet bigger in AI in the coming decade

Solana Layer 2 protocol Sonic has raised the sum of $12 million as it increased its valuation to $100 million

Uphold will delist Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini dollar (GUSD), Pax dollar (USDP), and TrueUSD (TUSD).

Ripple Labs Inc has revealed through its CEO that it is pursuing Central Bank Digital Currencies with 10 US governments

The firm behind ChatGPT, OpenAI, operates as a unique partnership between its original non-profit entity and a capped-profit arm.

Gemini Exchange has reached agreement with the New York Attorney General (NYAG) over its fraudulent Earn business

MicroStrategy confirmed an increase in its convertible note offering by 40%, bringing the total to a whopping $700 million.