XRP ledger resumes operations after a brief network disruption
The XRP Ledger has fully resumed operations after an unexpected disruption in transaction validation caused the network to halt for about an hour on Feb. 5, 2025. RippleX confirmed that XRP Ledger has resumed activity though the exact cause of the disruption is still unclear. Ripple’s Chief Technology Officer, David Schwartz, acknowledged the issue in […]
Bitpanda secures MiCA licence to expand EU operations
Bitpanda has received a MiCA licence from Germany’s Federal Financial Supervisory Authority, allowing it to operate under a unified regulatory framework across all 27 EU member states. The MiCA licence introduces a single regulatory regime for the crypto industry in Europe, addressing long-standing challenges related to fragmented rules across countries. The framework provides licensing clarity, […]
MakersPlace announces market exit, ends six years of digital art operations
Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT […]
Malaysia’s SC cracksdown Bybit for illegal operations
The Securities Commission of Malaysia has instructed Bybit and its chief officer to cease the operation of all digital platforms in Malaysia and also halt all advertisements targeting Malaysian audiences. The SC published in its media release that it has begun enforcement proceedings against Bybit, a cryptocurrency exchange, and its business chief, Ben Zhou, for providing a […]
French regulator authorizes crypto operations for BPCE subsidiary
BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge. Source link
Thala protocol resumes operations after $25.5m exploit
Decentralized finance firm Thala has restarted operations a day after the protocol’s liquidity pools were exploited for roughly $25.5 million. In a Nov. 17 X post, Thala notified users that all its offerings have been restored, except its staking service, which is being “patched and audited.” The announcement comes a day after the protocol disclosed […]
Abra settles with fifth state as US operations may be winding down
Cryptocurrency platform Abra has settled securities violation claims brought by Oregon regulators. Oregon was the fifth state to move against the platform. Source link
