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Apple's New Encryption Is a Huge Boon for Crypto

On Wednesday, Apple Inc. made an announcement that might sound minor: It will now offer end-to-end encryption for most material its users backup on its iCloud storage service.

Amber Group Owes Troubled Crypto Lender Vauld’s CEO $130 Million

Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld's CEO Darshan Bathija.

Celsius Issues Latest Update Regarding Customer Withdrawals After Court Ruling

Collapsed cryptocurrency lending platform Celsius Network has issued the latest update on the progress of allowing customer withdrawals as the bankruptcy hearings continue. 

Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm

Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into other African countries.

Bybit Introduces New KYC Requirements for P2P Trading, Fiat Deposits and NFT Trades

Crypto exchange Bybit will require updated Know-Your-Customer (KYC) verification checks for various products from Dec. 15.

U.S. SEC Issues New Disclosure Guidelines Regarding Cryptocurrency

About a month after the FTX collapse, the United States Securities and Exchange Commission (SEC) has released new regulatory guidelines requiring firms which issue securities to inform customers of their risks and exposures to the crypto market.
U.S. SEC Issues New Disclosure Guidelines Regarding Cryptocurrency

FTX Japan Receives Three-Month Extension To Suspend Business

Failed crypto exchange FTX's Japanese subsidiary, FTX Japan, received approval from regulators to postpone the deadline for its business suspension by three months.

Optimism Announces 2nd Round Funding for Retroactive Public Goods

Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP.

Why We Should Be Focusing More On NFTs

The main upheaval in the global economy that NFTs will bring will not be in the art world, which is undergoing a transformation of its own.
Why We Should Be Focusing More On NFTs

This Project Burns 4 Million LUNC In A Single Transaction

Terra Casino has continued to contribute to the ongoing Terra Luna Classic (LUNC) burn campaign.