Thailand’s Securities and Exchange Commission recently announced that it is seeking public comments on a draft regulation prohibiting virtual asset service providers (VASPs) from offering or participating in any type of crypto-staking and lending transactions. According to the SEC's policy, digital asset business operators are prohibited from providing or supporting deposit and lending services in order to prevent possible damage to investors in the event of possible termination of servi...

Thailand’s Securities and Exchange Commission recently announced that it is seeking public comments on a draft regulation prohibiting virtual asset service providers (VASPs) from offering or participating in any type of crypto-staking and lending transactions. According to the SEC's policy, digital asset business operators are prohibited from providing or supporting deposit and lending services in order to prevent possible damage to investors in the event of possible termination of servi...

According to the official public account, Bitmain’s 2023 Spring School Recruitment has officially launched. Recruitment positions include chip design (logic design and verification, physical design and layout, analog circuit design), embedded software and hardware circuits, specific technologies (semiconductor technology, structural , industrial engineering, new energy), financial and legal supply chain, etc. Work locations include Beijing, Shenzhen, Shanghai, Chengdu, Wuhan, Qingdao, Xiamen,...

According to the official public account, Bitmain’s 2023 Spring School Recruitment has officially launched. Recruitment positions include chip design (logic design and verification, physical design and layout, analog circuit design), embedded software and hardware circuits, specific technologies (semiconductor technology, structural , industrial engineering, new energy), financial and legal supply chain, etc. Work locations include Beijing, Shenzhen, Shanghai, Chengdu, Wuhan, Qingdao, Xiamen,...

At a White House press briefing on Monday, White House Press Secretary Karine Jean-Pierre said the Biden administration is closely monitoring the situation at Silvergate Bank and comparing it to that of other crypto companies. Biden has called on Congress to act in this area. Jean-Pierre noted that some crypto companies have "experienced significant problems" in recent weeks, while federal banking regulators have warned that cryptocurrencies may pose risks to banks and other financial institu...

At a White House press briefing on Monday, White House Press Secretary Karine Jean-Pierre said the Biden administration is closely monitoring the situation at Silvergate Bank and comparing it to that of other crypto companies. Biden has called on Congress to act in this area. Jean-Pierre noted that some crypto companies have "experienced significant problems" in recent weeks, while federal banking regulators have warned that cryptocurrencies may pose risks to banks and other financial institu...

Brevan Howard Asset Management is taking over Liquid Opportunities, a long-short hedge fund run by crypto investment firm Dragonfly Capital. Liquid Opportunities was established in June 2021 and is managed by Kevin Hu, Ashwin Ramachandran and Lawrence Diao. The fund will now operate as part of the investment firm’s crypto and digital assets arm, Brevan Howard Digital. A person familiar with the matter said that the long-short trading strategy adopted by the fund is in line with the latter&apo...

Brevan Howard Asset Management is taking over Liquid Opportunities, a long-short hedge fund run by crypto investment firm Dragonfly Capital. Liquid Opportunities was established in June 2021 and is managed by Kevin Hu, Ashwin Ramachandran and Lawrence Diao. The fund will now operate as part of the investment firm’s crypto and digital assets arm, Brevan Howard Digital. A person familiar with the matter said that the long-short trading strategy adopted by the fund is in line with the latter&apo...

Officials at the U.S. Federal Deposit Insurance Corporation (FDIC) have been in talks with executives at troubled crypto bank Silvergate Capital on how to help the company stay in business, according to Bloomberg, citing people familiar with the matter. One of the options was to recruit crypto industry investors to help boost Silvergate’s liquidity, one source said. Last week the Federal Reserve authorized inspectors from the FDIC, the main federal regulator for Silvergate, to visit Silvergat...

Officials at the U.S. Federal Deposit Insurance Corporation (FDIC) have been in talks with executives at troubled crypto bank Silvergate Capital on how to help the company stay in business, according to Bloomberg, citing people familiar with the matter. One of the options was to recruit crypto industry investors to help boost Silvergate’s liquidity, one source said. Last week the Federal Reserve authorized inspectors from the FDIC, the main federal regulator for Silvergate, to visit Silvergat...

According to the official Twitter, Zerion Wallet announced the launch of OG NFT on the Mirror platform, which will be open for free minting for 8 days starting from March 8. Hold this NFT to gain access to gated content, early access, and other perks exclusive to Subscriber NFT holders. Earlier today, it was reported that the Web3 content platform Mirror launched the NFT subscription casting "Subscribe to Mint" function.

According to the official Twitter, Zerion Wallet announced the launch of OG NFT on the Mirror platform, which will be open for free minting for 8 days starting from March 8. Hold this NFT to gain access to gated content, early access, and other perks exclusive to Subscriber NFT holders. Earlier today, it was reported that the Web3 content platform Mirror launched the NFT subscription casting "Subscribe to Mint" function.

The South Korean police list dark web tracking, virtual asset analysis, and DDoS attacks as the "three key tasks of cyber terrorism investigations" that the police must urgently solve. To this end, the Korean National Police Agency announced today that it has decided to establish a cybercrime platform response task force, and the three major tasks will be led by three sub-sections. It will operate for the purpose of researching response technology and investigation technology to track cyber t...

The South Korean police list dark web tracking, virtual asset analysis, and DDoS attacks as the "three key tasks of cyber terrorism investigations" that the police must urgently solve. To this end, the Korean National Police Agency announced today that it has decided to establish a cybercrime platform response task force, and the three major tasks will be led by three sub-sections. It will operate for the purpose of researching response technology and investigation technology to track cyber t...

Blockchain.com will suspend its asset management division. Blockchain.com Asset Management (BCAM), which has yet to file any annual accounts, has applied for deregistration on Monday, according to a document. BCAM was launched in April 2022, shortly after macroeconomic conditions deteriorated rapidly. A spokesperson for the company said in an email: "As the cryptocurrency winter has lasted for nearly a year, we have made the commercial decision to suspend operations in this department." Accor...

Blockchain.com will suspend its asset management division. Blockchain.com Asset Management (BCAM), which has yet to file any annual accounts, has applied for deregistration on Monday, according to a document. BCAM was launched in April 2022, shortly after macroeconomic conditions deteriorated rapidly. A spokesperson for the company said in an email: "As the cryptocurrency winter has lasted for nearly a year, we have made the commercial decision to suspend operations in this department." Accor...

According to the governance page, Cosmos Hub’s v9 Lambda upgrade proposal was voted through with a support rate of 99.48%. The Cosmos Hub announced on its official Twitter that it will undergo a V9 Lambda upgrade on March 15. According to the proposal, the upgrade aims to activate the Replicated Security feature, which will enforce the good-running rules of interchain security (ICS). The Replicated Security function replicates the security of the Cosmos Hub to the consumer chain and monitors ...

According to the governance page, Cosmos Hub’s v9 Lambda upgrade proposal was voted through with a support rate of 99.48%. The Cosmos Hub announced on its official Twitter that it will undergo a V9 Lambda upgrade on March 15. According to the proposal, the upgrade aims to activate the Replicated Security feature, which will enforce the good-running rules of interchain security (ICS). The Replicated Security function replicates the security of the Cosmos Hub to the consumer chain and monitors ...

Following the approval of Coinflex's restructuring plan, the exchange has changed its name to OPNX. Leslie Lamb will serve as CEO of the new exchange. She shared the news on LinkedIn. According to previous news, the Seychelles court approved Coinflex’s restructuring plan on Monday. There was no mention of OPNX or rebranding in CoinFLEX’s original restructuring plan. Founded by Three Arrows Capital founders Su Zhu and Kyle Davies, OPNX is an encrypted debt trading market designed to trade...

Following the approval of Coinflex's restructuring plan, the exchange has changed its name to OPNX. Leslie Lamb will serve as CEO of the new exchange. She shared the news on LinkedIn. According to previous news, the Seychelles court approved Coinflex’s restructuring plan on Monday. There was no mention of OPNX or rebranding in CoinFLEX’s original restructuring plan. Founded by Three Arrows Capital founders Su Zhu and Kyle Davies, OPNX is an encrypted debt trading market designed to trade...

According to a recent regulatory filing, 93% of Silicon Valley Bank's (SVB) $161 billion in deposits are uninsured. According to the Wall Street Journal, Silicon Valley Bank invited consulting firm Centerview to discuss the sale with law firm Sullivan & Cromwell LLP. It is worth mentioning that Sullivan & Cromwell is also the law firm responsible for handling the FTX bankruptcy case. Silicon Valley Bank's (SIVB.O) attempt to raise capital has failed and the company is in talks to se...

According to a recent regulatory filing, 93% of Silicon Valley Bank's (SVB) $161 billion in deposits are uninsured. According to the Wall Street Journal, Silicon Valley Bank invited consulting firm Centerview to discuss the sale with law firm Sullivan & Cromwell LLP. It is worth mentioning that Sullivan & Cromwell is also the law firm responsible for handling the FTX bankruptcy case. Silicon Valley Bank's (SIVB.O) attempt to raise capital has failed and the company is in talks to se...

According to court records, professionals handling the FTX bankruptcy case collected a total of $38 million in January, which included a team of lawyers, investment bankers, consultants and financial advisors. The bankruptcy administrators have hired Sullivan & Cromwell LLP as legal counsel. They also hired the law firm of Quinn Emmanuel Urquhart & Sullivan and Landis Rath & Cobb to act as special counsel in the litigation. The company hired consulting firm AlixPartners to conduct a forensic ...

According to court records, professionals handling the FTX bankruptcy case collected a total of $38 million in January, which included a team of lawyers, investment bankers, consultants and financial advisors. The bankruptcy administrators have hired Sullivan & Cromwell LLP as legal counsel. They also hired the law firm of Quinn Emmanuel Urquhart & Sullivan and Landis Rath & Cobb to act as special counsel in the litigation. The company hired consulting firm AlixPartners to conduct a forensic ...