Crypto Trading Platform Hotbit Terminates CEX Operations
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.
Finance
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
The platform is awaiting an expected approval from the community, says Vega’s co-founder.
Ripple Appoints Market Research Firm Nielsen’s CFO Jenson to Board
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong’s re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.
Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund
Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.
Ledger Continues to Defend Recovery System, Says It’s Always ‘Technically’ Possible to Extract Users’ Keys
“Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not,” Ledger said on Twitter.
Ripple Buys Crypto Custody Firm Metaco for $250M
Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.
Justin Sun Says Huobi Founder Li Lin’s Brother Acquired HT Token for Free and Cashed Out
Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi’s native token (HT) “abnormally” at zero cost and sold it for “huge amounts of cash.”