Marathon Digital Considers Acquiring Compute North (Report)
One of the largest cryptocurrency miners – Marathon Digital – has reportedly hired restructuring specialists to clarify its exposure to the troubled data center Compute North Holdings.
Nomad To Restart Bridge After $190 Million Hack in August
Cross-chain bridge protocol Nomad is getting set to relaunch and partially reimburse those that lost funds in its $190 million hack earlier this year.
Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform
Dubai-based centralized crypto exchange Bybit has integrated decentralized exchange ApeX Pro into its offering in an effort to give customers the opportunity to trade on both types of exchanges on one platform, Bybit announced Thursday.
Stablecoin Framework Is a Near-Term Priority for Aussie Regulators
Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be a part of broader reforms to the payments regulatory framework in the country.
Canada’s $388 Billion Pension Fund Drops Crypto Investment Plans
The largest pension fund in Canada has dropped previous plans to invest in crypto after about one year of research.
Crypto Options Exchange Deribit Registered Record Trading Volume in November
Deribit, the world's largest crypto options exchange, has been busier than ever.
PayPal Launches Crypto Service in Luxembourg
Later this Month, Luxembourg residents will be able to buy, sell and hold Bitcoin, Ethereum, and other coins on PayPal.
Spain’s Central Bank to Experiment with Wholesale CBDCs
Spain’s central bank, the Bank of Spain (BDE) said it intends to launch an experimental program to begin testing wholesale Central Bank Digital Currencies (CDBCs) and is seeking collaboration proposals from local finance and technology institutions. The bank will focus on three main areas with the program that seeks to simulate the movement of funds, experiment with the liquidation of financial assets, and analyze the benefits and drawbacks of introducing a wholesale CBDC to its current processes and infrastructure according to a translated Dec. 5 statement. (Cointelegraph)
Terra Founder Accuses SBF Of Attacking UST Peg With $1B UST From Genesis
TFL founder Do Kwon, emboldened by a New York Times article, has made some serious allegations against SBF with links to Genesis Trading and Voyager. Terraform Labs founder Do Kwon, in a series of tweets today, has accused Sam Bankman-Fried of intentionally dumping $1 billion TerraUSD (UST) and billions of Bitcoin to de-peg UST and weaken Luna Foundation Guard (LFG) reserves. (thecryptobasic)
US Regulator to Seek Feedback on DeFi's Impact on Financial Crime
A United States financial regulator is looking to gain feedback from the banking industry about how decentralized finance (DeFi) may affect the bureau's efforts to stop financial crime. The Financial Crimes Enforcement Network (FinCEN) said it is “looking carefully” at DeFi, while the agency’s acting director, Himamauli Das, said the digital asset ecosystem and virtual currencies are a “key priority area” for the agency. (Cointelegraph)
