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Crypto News
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.
JPMorgan Sees Limited Downside for Crypto Markets in the Near Term
News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.
FTX, BlockFi, Genesis Customer Data Compromised in Kroll Hack
A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.
Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market
Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.
Coinbase Is Talking With Canadian Banking Giants to Promote Crypto
U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home…
Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K
ETH fell to as low as $1,547 last Thursday, its lowest price since June.