BitMart weighs a partial restart, with a creditor roadmap due 9 September
The exchange has hired law firm White & Case and a detailed plan is expected by 9 September. Anyone with a balance stuck there is now a creditor.
Business
Exchanges, companies and the money behind crypto.
Latest story 4 hours ago
What a £4.52 coffee really costs on a crypto card
A £4.52 coffee costs £4.52 on a debit card and up to £4.61 on a crypto card. What that becomes across a working year.
Crypto card spending tops $1bn, with stablecoins funding most of it
Tracked card volume more than tripled in a year and USDC and USDT funded over 70% of it. In the UK, each of those purchases is a CGT disposal.
Stablecoin issuers can freeze and move your coins. Most already can
Justin Sun says USD1's live contract lets its issuer move frozen balances. Tether and Circle hold similar powers. Here's what those functions actually do.
HSBC and Standard Chartered make first live transfer on Swift’s blockchain
HSBC and Standard Chartered have completed the first live bank-to-bank tokenised deposit transaction on Swift's blockchain ledger. It's a real piece of plumbing, and it's closed to everyone outside the banking system.
A Korean bank signed up with Ripple. That doesn’t tell you anything about XRP
Jeonbuk Bank will use Ripple's payments platform for cross-border business transfers. Nobody has said whether XRP is involved, and the difference matters more than the headline does.
Getting paid in crypto? Bitstamp is reportedly drawing a line at €1,000
A notice circulating among Bitstamp customers says crypto deposits over €1,000 sent from a wallet in someone else's name will be automatically rejected from 18 August. The exchange hasn't confirmed it, and nobody has said which entities or countries it covers.
The bitcoin didn’t move. The share count went up 18-fold.
GD Culture Group booked a $211.8m paper loss on its 7,500 bitcoin and didn't sell a coin of the core reserve. Its split-adjusted share count is now more than 18 times where it sat at the end of last year.
Staking earned this Solana treasury $2.5m. Paying the bills took $12m of new shares
Solana Company booked $2.512m of staking revenue last quarter and none of it arrived as cash. The money to actually run the business came from selling equity, which is a cost existing shareholders pay.