BNY Mellon, the world’s largest custodian bank, announced that it is now accepting select clients’ Bitcoin (BTC)and Ethereum (ETH) deposits. The bank got approval from New York’s financial regulator to offer cryptocurrency custodial services this fall. BNY’s CEO of Asset…
(Whale Activity)More than 70 million XRP moved while number of Ethereum Whales Decreases, BSC, BTC and many more
XRP Whales Increase, ETH Whales Decreases Increased BTC whale activity There has been increased BTC whale activity during September to the present day, despite the current bear market. The intermittent BTC bullish momentum is most likely a result of whales…
27 year old Californian Indicted in Crypto Money Laundering Conspiracy
Last week, U.S. Attorney Brit Featherston announced that a man from San Francisco, California, has been charged with criminal violations in the Eastern District of Texas. A federal grand jury has accused 27-year-old John Khuu of racketeering conspiracy. Khuu was…
FTX and Visa Set to Roll Out Crypto Debit Card in 40 countries
Visa, a global digital technology payment giant, is partnering with FTX, a top cryptocurrency trading platform, to roll out debit cards in 40 countries worldwide. The partnership will allow users to spend their FTX crypto balances 24/7 with millions of…
How did Hackers steal More than $500 Million(approx. 2 Million BNB Tokens )? Explained
The BNB Chain had to stop all transactions due to an exploit. According to the BNB chain team: “There was an exploit affecting the native cross-chain bridge between BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), known…
Celsius top executives withdrew at least $30 million of crypto in 2022
According to a financial disclosure form filed in the New York Bankruptcy Court last Wednesday, Celsius’ ex-CEO Alex Mashinky and ex-CSO Daniel Leon allegedly withdrew at least $17 Million in cryptocurrency right before the company halted all customer withdrawals. …
Helium’s Move to Solana should have been more Democratized, Algorand’s bid didn’t stand a chance
On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…
McDonald’s to accept Bitcoin in Switzerland
McDonald’s, the world’s largest fast-food chain and one of the best-known brand names is among the first to participate in a crypto-friendly experiment in the town of Lugano in Switzerland. Lugano announced in March of 2022, that it will start…
Mastercard launches Crypto Secure to assist banks to determine the risk of crime associated with crypto exchanges
MasterCard, the payment network giant, has launched a first-of-its-kind technology solution named Crypto Secure. It is designed to bring security and trust to the crypto and digital ecosystem. It aims to bring a new level of trust to crypto purchases…
SWIFT plans to use Chainlink for its global payment system
The Society for Worldwide Interbank Financial Telecommunication more commonly known as SWIFT is partnering with Chainlink to create a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. SWIFT provides inter-bank messaging which is the backbone of the world’s financial system. Chainlink on the…