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.
Inflows into Crypto Products Reached $2 Billion in May
During the period from May 25 to May 31, a total of $185 million was invested in cryptocurrency products. This brought the total for the month of May to almost $2 billion, according to calculations by CoinShares.
Biden Vetoes SEC’s SAB 121 Repeal
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
Immunefi: Hacks-related Crypto Losses Fall 12%
A recent report from blockchain security firm Immunefi revealed a 12% decrease in losses from fraud and hacks in the crypto industry compared to the previous year.
