UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients
It comes just two weeks after the Insolvency Service secured a winding-up order against Amey’s firm in the United Kingdom High Court on April 30.
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Startup Led by JPMorgan Veterans Brings Free BaaS Platform to Azure
Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace.On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free.Blockchain scalability ambitionsFounded by former blockchain experts at United States banking giant JPMorgan, Kadena first released its permissioned blockchain on…

SAG-AFTRA strike ends as AI deal reached, Hollywood still torn
The Hollywood actors’ union SAG-AFTRA concluded its strike on Nov. 9 after 118 days of picketing with new deals on various proposed stipulations including artificial intelligence (AI) usage. Since then, the union has released a summary of its final deal with studios, which included nearly 4.5 pages of AI guidelines and a digital pamphlet spelling out the

Ledn secures industry-first $50M Bitcoin-backed syndicated loan
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.

Hong Kong to license more crypto exchanges by end of year
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.

Nifty News: Solana NFT sales pass $1.6B, wash trading on LooksRare and more
The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active blockchain by NFT sales volume.Data from NFT transaction tracker CryptoSlam confirm that total sales on Solana has reached the milestone. Solana’s visibility among traders is clear as it has also…

Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian's bankruptcy comes as it's been unable to honor customer withdrawals for months. 451 Total views 1 Total shares Crypto custodian Prime Trust has filed for Chapter 11 Bankruptcy in Delaware after it faced a shortfall in customer funds.The company said in an Aug.15 filing that it has between 25,000 to 50,000 creditors…

Bermuda confirms crypto hub ambitions despite market downturn
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. 306 Total views 5 Total shares The Bermuda government is pushing on with its ambitious plans to become…

Worldcoin stuck after 70% drop from peak — More downside for WLD price?
The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.On July 29, the WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50. It now appears stuck inside the $2–2.50 trading range, hinting at a growing bias conflict in the market.WLD/USD…