Sri Lanka’s Central Bank Shortlists Candidates For Blockchain KYC Platform
- The three shortlisted companies are expected to finish developing their PoC's in the next six to nine months.
- Since its announcement in November 2019, the project has received 36 applications in total.
UK Regulator Lifts Restrictions On Wirecard
- The firm's U.K. subsidiary was ordered to cease all of its regulated activities last Friday.
- Wirecard now has a written consent to resume operations and is expecting all of its cards to be operational by 1 July.
DeFi Protocol Loses $500K Due To Hack
- The attack exploited a loophole that tricked the protocol into releasing $500,000 worth of tokens. In order to hide his tracks, the hacker used ether that was laundered through Tornado Cash, an Ethereum-based mixer.
Mining Firm BHP Completes $14M Ore Trade On Blockchain
- The $14 million iron ore deal was first announced last month.
- The blockchain-based trade comes as part of BHP's plans to digitize the documentation process in commodities trading.
Telegram To Pay $18.5 Million In Civil Penalty
- Signed by a judge on Friday, the final judgement requires Telegram to pay back $1.2 billion to investors.
- The firm will have 30 days to pay $18.5 million in penalties, and is also required to notify the SEC if it plans to issue another digital asset in the next 3 years.
Core Scientific Buys 17,000 BTC Mining Rigs
- The firm has struck a deal with Bitmain to purchase more than 17,000 S19 Antminers.
- Core Scientific claims that this is the largest purchase of S19 Antminers a single blockchain company has made so far.
U.K. Regulator Suspends Wirecard’s Card Issuer
- The FCA started working with Wirecard's subsidiary immediately after it became known it was missing $2.1 billion.
- As a result of the action, Crypto.com is now about to terminate its card operations in the EU and UK.
Judge Denies Motion For Sanctions Against Craig Wright, Accepts Autism Defense
- Now that the motion to impose sanctions on Craig Wright has been denied, the case is clear to go to jury trial.
- The judge will also allow Wright to summon a clinical psychologist as an expert witness.
AVA Labs Raises $12M In Private Token Sale, Prepares Public Offering
- The total amount of funds raised by the project has now reached $18 million.
- The company is also planning to conduct a public token sale on 8 July, in accordance with the U.S. federal financial regulations.
Signature Bank Releases Payment Platform On Fireblocks
- Prior to the integration, the payment platform had its capabilities enchanced with the addition of an API.
- Clients of the bank can now use this platform to perform instantaneous payments between one another.