Shinhan Bank and LG CNS Develop Blockchain-based CBDC Pilot Platform in South Korea
South Korean bank Shinhan has announced the Central Bank Digital Currency (CBDC) pilot's completion in association with LG CNS.
Crypto News
Bitcoin News
Bakkt Receives New York BitLicense, Enabling Crypto Services in the State
Bakkt, the crypto venture founded by Intercontinental Exchange (ICE), has received BitLicense from the New York Department of Financial Service.
Crypto News
BlockFi Raises $350 Million in Series D Funding, Reaches $3 Billion Valuation
Crypto lending platform, BlockFi, has raised $350 million in its latest investment round, valuing the company at over $3 billion.
Bitcoin News
AltshulerShaham’s $100 Million Bitcoin Investment Pays Off, Reflects Rising Institutional Interest
Israeli asset manager Altshuler Shaham invested $100M into the Grayscale Bitcoin Trust last year via GBTC.
Crypto News
Twitter Suspends Multiple Crypto Influencers Amid Growing Interest in Bitcoin
Twitter has suspended at least seven crypto influencers accounts. The accounts were well-known in the crypto trading community for their analysis of markets.
Bitcoin News
Goldman Sachs Explores Bitcoin Custody and ETF Amid Growing Client Demand
Goldman Sachs' Chief Operating Officer John Waldron informs that Goldman had witnessed an increase in interest from his clients when investing in Bitcoin.
Crypto News
Digital Currency Group Plans to Buy $250 Million in Grayscale Bitcoin Trust Shares
Digital Currency Group (DCG) has announced its plan to invest up to $250 million in Grayscale Bitcoin Trust (GBTC). DCG is the parent.
Crypto News
JP Morgan Launches Cryptocurrency Exposure Basket for Institutional Investors
JP Morgan plans to offer its clients with indirect exposure to cryptocurrencies with investment into several companies via Crypto Exposure Basket.
Crypto News
Bybit Appoints Daniel Lim as General Counsel Amid UK Operations Suspension
Bybit appoints Daniel Lim as a General Counsel following his exit from United Kingdoms after FCA's retail derivatives trading ban.
Crypto News
Furucombo to Compensate $15 Million Exploit Victims with IOU Tokens
Furucombo will allocate 5 million iouCOMBO tokens to repay all the victims affected by the hack. The tokens will have a 360-day linear-vesting.