Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments

Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream PaymentsThe multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster […]

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Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency

Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than 37,000 convenience stores and other locations in […]

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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

Coinbase and 17 Other Crypto Firms Launch 'Travel Rule Universal Solution Technology'On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so […]

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First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties

First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in PenaltiesThe U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has […]

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BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low

While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million held by […]

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