Crypto-news

Fireblocks, a crypto custody tech provider, has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification – a security standard for crypto wallets and custody. The CCSS was created in 2014, but no crypto company has met the necessary standards so far. The CCSS certification was created in 2014 specifically for the crypto industry, focusing…

Binance.US has been selected by Voyager Digital as the “highest and best bid” for its assets as part of its Chapter 11 bankruptcy proceedings, the company said on Dec. 19. The deal is valued at $1.022 billion for Voyager’s existing portfolio and “incremental value.” On Dec. 19, Binance.US announced in a blog post the agreement…

Breaking crypto news from the last week (Dec. 10–16, 2022): Dec. 12: The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, following the US authorities filed criminal charges against him. The Bahamas intends to extradite Bankman-Fried after US officials request it. Meanwhile, the “surprising” arrest comes just a day before a scheduled hearing before…

Top investment deals across the crypto sector over the last week (Dec. 10–16, 2022): Bitcoin miner TeraWulf raises $10 million TeraWulf restructured a deal with Bitmain that will allow it to expand hashrate further by early 2023. The company also announced that it raised $10 million in fresh capital to repay a convertible promissory note….

Microsoft updated its policy terms to specify it will not allow cryptocurrency mining on its online services without prior written approval. The updated rule came into effect back on Dec. 1 and applies to all Microsoft’s users, including paid customers. The update prohibits users from mining on Microsoft’s online services, largely relating to its cloud…

Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry, notes Christopher Robbins on CoinDesk. The law is catching up with Sam Bankman-Fried (SBF), co-founder and former CEO of collapsed crypto exchange FTX. The whole situation has led to a loss of trust in the cryptocurrency industry, which needs…