Sam Bankman-Fried, the founder of FTX, has offered some jury questions, but the US Department of Justice deems them to be “unnecessarily intrusive”

A company representative told CoinDesk that Boerse Stuttgart Digital, the Stuttgart Stock Exchange’s cryptocurrency-focused division, wants to launch a fully insured cryptocurrency staking

Paxos, a cryptocurrency services company, paid a $520,000 charge on a transaction worth only $2,000 earlier this week, and the bitcoin mining pool F2Pool has now repaid 19.8 bitcoin (BTC) to Paxos.The overpayment, according to Paxos, was caused by a “bug” in the corporate operations branch of the company.The normal transaction cost for bitcoin is $20 maximum.The funds were given back to Paxos on Friday, according to blockchain data. After a transaction is approved on the Bitcoin blockchain, miners are paid a fee in bitcoin.Users have the option of adjusting fees to prioritize some transactions over others. “After conducting identity verification, we have confirmed the ownership of these BTC, and fully refunded the fee to the sender,” F2Pool

The goal of creating a BTC-only trust organization is to provide custody without exposing customers to the rest of the digital asset market, according to cryptocurrency custodian BitGo and bitcoin financial services provider Swan.BitGo’s custodial capabilities and Swan’s knowledge of onboarding and fraud protection will be combined in the joint venture, which is pending regulatory approval.According to a press release on Thursday night, it would be the first Bitcoin-only trust organization in the US. “We believe the best model for the Bitcoin industry is the same battle-tested model that has been part of the U.S. financial

According to a statement released  recently, Deutsche Bank is collaborating with Taurus, a Swiss firm that specialises in bitcoin storage, to launch services

According to CEO Brad Garlinghouse in a recent interview. this year, Ripple will hire 80% of its workforce outside of the United States

Hidden Road, a credit network for institutions, has joined Komainu Connect, the cryptocurrency custody platform created by Nomura, Ledger, and CoinShares. Clients can

  According to court documents filed on Friday, Steve Kokinos, the former CEO of Algorand, will take over as CEO of the organization that will take over Celsius’ activities and will sit on a board with two members of the insolvent crypto lender’s own creditor committee.As the cryptocurrency meltdown began to take hold in July of last year, Celsius filed for bankruptcy. At the moment, creditors are voting on whether to sell the company to Fahrenheit Holdings, which could result in a partial return of their investment. In July 2022, Kokinos resigned from his position at the staking-based blockchain Algorand.Along with the hedge fund Arrington Capital and the mining company US Bitcoin, whose respective leaders Asher Genoot and Michael Arrington will also serve on the board, he is a co-owner of Fahrenheit.Scott Duffy and Thomas DiFiore, the two co-chairs of Celsius’ creditor committee, who were contacted at key points of the sale process to represent the interests of people owing money, and who were given the opportunity to appoint six of the nine board members, are now members of the NewCo board. “Steve has been a serial entrepreneur and investor for over 25 years, founding and operating companies ranging from internet infrastructure,

It should come as no surprise that a rumoured $25 million cryptocurrency giveaway on the social media site formerly known as Twitter is

The United States Securities and Exchange Commission (SEC) claimed on Friday that the issue of whether or not Ripple broke the law when

After the Financial Accounting Standards Board (FASB) voted to change how businesses report their finances, MicroStrategy (MSTR) will soon be able to report its holdings of bitcoin (BTC) each quarter without having to recognize impairment losses if the cryptocurrency’s price drops during the period in question, investment bank Berenberg said in a report Wednesday.According to the report, MicroStrategy has declared $2.23 billion in cumulative impairment losses since adopting its bitcoin acquisition approach in August 2020. MicroStrategy’s largest impairment loss of $917.8 million was recorded in the second quarter of 2022, and the loss featured heavily in news

Coinbase (COIN), a cryptocurrency exchange, announced plans for a global expansion that would center on obtaining licenses in significant financial jurisdictions “that are enacting clear rules” for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore, and Australia as near-term priorities. The Nasdaq-listed company’s CEO, Brian Armstrong, stated in April that “everything was on the table” for it, including leaving its current location in the United States because of the murky regulatory environment there.He made it clear in August that he is “not even in the realm of possibility” of leaving the United States right now. The firm stated in a blog post published on Wednesday that it is “in the final stages of selecting the location” for its EU headquarters and that its goal is to “leverage our being the most trusted brand in the crypto space ahead of the European elections in June 2024.”The exchange also intends to cooperate with banks and payment processors and broaden the markets in which it offers derivatives.