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Article by Steve Kaaru

BIS invites applications for next phase of UK CBDC API project
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3 February, 2023

BIS invites applications for next phase of UK CBDC API project

The Bank for International Settlements has been working with the Bank of England on Project Rosalind and wants payment providers...
BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility
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3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...
Gemini lied about FDIC insurance in emails to Earn customers: report
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3 February, 2023

Gemini lied about FDIC insurance in emails to Earn customers: report

In legally ambiguous and vague language, Gemini repeatedly told its customers that funds were FDIC-insured, giving them false hope that...
Binance demanded WazirX ‘lie publicly’ to clear CZ’s name in leaked emails: report
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2 February, 2023

Binance demanded WazirX ‘lie publicly’ to clear CZ’s name in leaked emails: report

Binance sent an email a week ago demanding that WazirX publicly take back all statements about its ownership, but WazirX...
Nigeria’s central bank launches fintech regulatory sandbox
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2 February, 2023

Nigeria’s central bank launches fintech regulatory sandbox

The Central Bank of Nigeria has called on innovators in the fintech space to apply with the recently launched regulatory...
BTC miner Hut 8 sues power supplier for breach of power purchase contract
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1 February, 2023

BTC miner Hut 8 sues power supplier for breach of power purchase contract

Hut 8 is accusing Validus Power Corp. of failing to meet its contractual obligations for a power purchase agreement and...
Penthouse owned by OneCoin Cryptoqueen Ruja Ignatova goes on sale
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31 January, 2023

Penthouse owned by OneCoin Cryptoqueen Ruja Ignatova goes on sale

Once the listing went up for the London penthouse, speculation was rife that Ignatova is back after five years; however,...
SEC shoots down Ark Investment’s BTC spot ETF for second time
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31 January, 2023

SEC shoots down Ark Investment’s BTC spot ETF for second time

The SEC first shot down the ETF application by Ark and 21Shares in March 2022, and though they refiled in...
Celsius customers’ claims over assets in Earn accounts dismissed in New York
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30 January, 2023

Celsius customers’ claims over assets in Earn accounts dismissed in New York

Three clients had filed a motion seeking to be declared legal owners of assets on Earn accounts, but the judge...
FBI dismantles Hive malware network, saves $130 million in ransom payments
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30 January, 2023

FBI dismantles Hive malware network, saves $130 million in ransom payments

The FBI gained access to the network months ago and has been giving decryption keys to Hive victims, before finally...
EU wants banks to back every digital asset held with fiat in new prohibitive measures
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30 January, 2023

EU wants banks to back every digital asset held with fiat in new prohibitive measures

EU legislators voted in favor of a draft bill that seeks to impose new prohibitive measures to curtail banks’ involvement...
France adopts softer approach to digital asset regulations
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29 January, 2023

France adopts softer approach to digital asset regulations

Lawmakers in France voted for an amendment that gives VASPs more time to comply with European regulations, overturning a proposed...

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