Terraform Labs Announces it is Ceasing its Operations
Terraform Labs, under the leadership of CEO Chris Amani, has announced its decision to shut down following a $4.47 billion settlement with the United States Securities and Exchange Commission.
Swiss Regulator Closes a Crypto Bank
The Swiss Financial Market Supervisory Authority (FINMA) has placed FlowBank, an online Swiss bank that previously provided customers with access to cryptocurrency, into bankruptcy due to concerns regarding its financial stability.
Australia Bans Crypto Use for Online Gambling
The Australian government has announced a ban on using cryptocurrencies and credit cards for online gambling.
Bakkt is Considering Sale or Break Up
Bakkt is considering potential options such as selling the business or dividing it into smaller entities.
CryptoUK Releases a Travel Rule Guide
In an effort to assist the crypto industry in complying with the UK’s Travel Rule, CryptoUK, a self-regulatory trade association, has released a comprehensive guide.
BetFury Announces $20 Million Cryptodrop Event
Willemstad, Curacao, 6th June 2024, Chainwire
Coinbase Launches a Smart Crypto Wallet
Coinbase is introducing its new “smart wallet” in an effort to enhance user experience for its customers.
