Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Blockchain.com CEO Peter Smith said in a letter to shareholders that Three Arrows Capital (3AC), the over-leveraged hedge fund that is now subject to a liquidation, "is rapidly becoming insolvent and the default impact is approximately [USD] 270 million worth of cryptocurrency and US dollar loans from Blockchain.com," according to Coindesk. The CEO was quoted as saying that the exchange and wallet provider “remains liquid, solvent and our customers will not be impacted.”
Binance announced that its Spanish subsidiary Moon Tech Spain has been granted registration as a Virtual Asset Services Provider (VASP) by the Bank of Spain. This registration will allow Binance to offer crypto exchange and custody services in Spain in compliance with the requirements of its central bank, they explained.
Payments news
Banking Circle, a...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...