Gibraltar Court Orders Crypto Wallet Freezes as Investigators Probe Failed Trader Globix: FT
Several crypto exchanges, including Crypto.com, Bitstamp, Kraken, and Binance, have been ordered by a Gibraltar court to cooperate with the liquidators of crypto trader Globix, who are seeking to track $43 million that went missing. The exchanges have been ordered to identify the owners of suspect wallets and Binance has been ordered to freeze transfers. Gibraltar has been seeking to become a crypto hub, housing spot trading services for the Huobi exchange and ZUBR, a subsidiary of collapsed crypto exchange FTX. The crypto trader stopped receiving investments in June amid crypto market turmoil and filed for liquidation last month.
Bitstamp Launches New Lending Product Across Crypto-Friendly Markets
Bitstamp, one of the world's oldest crypto exchanges, has announced a new lending service in new European markets, as well as in Hong Kong and the United Arab Emirates. The lending product offers daily rewards and up to 4.4% APY, with lending available for large-cap coins like bitcoin and ether, as well as Circle's USDC and Tether's USDT. Bitstamp has partnered with Finnish lending firm Tesseract to offer the service. The product is only available in certain European countries, Hong Kong, and the United Arab Emirates, and is not available in the U.K. or U.S. Bitstamp will run monthly lending performance reports to provide users with data and insights into product performance and risk.
Crypto Evening Briefing: Crypto-Friendly Signature Bank Probed by U.S. DOJ Before Its Collapse
Signature Bank was reportedly the subject of a probe by the United States Department of Justice earlier this week.
Bitstamp Reduced Its Headcount by 30%
Just like crypto companies including Coinbase, Polygon and Protocol Labs, Bitstamp is hunkering down amid mounting regulation and wobbly markets. It recently reduced its headcount by 30%, from around 650 in September to 450 in February.
Gemini, Crypto.com, Bitstamp, Microstrategy distance themselves from Silvergate
Several cryptocurrency companies have at least temporarily stopped accepting deposits made via Silvergate Bank, as seen in various statements on March 2.
Bitstamp Secures an Operational License in France
One of the longest-standing cryptocurrency exchanges – Bitstamp – registered with the Financial Markets Authority in France. Thus, it followed other rivals, including Binance and Crypto.com, which already secured the green light from the watchdog.
Crypto Exchange Bitstamp Registers in France
Bitstamp has officially registered with the Financial Markets Authority in France, according to the regulator’s website.
Bitstamp Introduces EUR-Backed IOU on The XRPL with Xumm Wallet Integration
Leading centralized crypto exchange Bitstamp has launched EUR-backed IOUs on the XRP Ledger.
Zodia Custody Appoints Former Bitstamp Exec Julian Sawyer as CEO
London-based crypto custodian Zodia Custody, a subsidiary of UK investment bank Standard Chartered, has appointed Julian Sawyer as its CEO.
Bitstamp Follows Other Exchanges in Canceling Orders for FTX and Celsius Tokens
Bitstamp is set to disable new orders and cancel existing orders for all FTT and CEL trading pairs, it <a href="https://www.bitstamp.net/faq/trading-of-ftt-and-cel-halted/" target="_blank">announced</a> on Friday.