An anonymous reader quotes a report from CryptoSlate: Traditional financial firms, including Standard Chartered, Nomura, and Charles Schwab, are busy building or funding new crypto exchange and custody platforms, FT reported on May 31. These well-known…

An anonymous reader quotes a report from Reuters: The world’s largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021, in breach of U.S. financial rules that require customer money to be kept separate, …

Australia’s stock market operator, ASX Ltd, has announced that it will no longer pursue the rebuilding of its software platform using blockchain technology. The decision comes after an external review found that the project would require significant re…

A former CFO of a Seattle startup is accused of diverting $35 million and losing it when the crypto market crashed last year (Warning: source paywalled; alternative source), according to a report. The CFO allegedly used the funds for personal expenses …

According to the Financial Times, OpenAI CEO Sam Altman is close to raising around $100 million in funding for his Worldcoin cyrpto project. Markets Insider reports: Worldcoin is in advanced talks to raise the cash from both new and existing investors …

According to CoinDesk, crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, “months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission (SEC).” Fr…