Swiss crypto bank Sygnum scores approval for digital asset trading

The digital Swiss franc issuer is now licensed as a “digital asset trading facility.” Sygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval. On Sept. 1, Sygnum announced that it received regulatory approval from the Financial Market Supervisory Authority (FINMA), allowing the company to expand […]

Continue Reading

Swiss Bank Maerki Baumann Launches Crypto Custody and Trading

Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services. Maerki Baumann, an unlisted family-owned bank in Switzerland, is expanding its cryptocurrency services by introducing crypto custody and trading. Following regulatory approval from the Swiss Financial Market Advisory Authority, or FINMA, Maerki Baumann will be offering its clients the trading […]

Continue Reading

Hackers Are Using Supercomputers to Mine Crypto

Hackers attacking supercomputers across Europe, trying to get their hands on mining crypto. Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16. These security incidents […]

Continue Reading

Struggling Swiss Crypto Valley Seeks Gov Aid

Switzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail […]

Continue Reading

Bitmain Cofounder-Backed Crypto Startup Aims to Raise $140M in New Funding Roun

Bitmain cofounder-backed crypto firm Matrixport has announced a new funding round aiming to raise as much as $140 million. Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million. Singapore-based Matrixport revealed its fundraising plans to investors in […]

Continue Reading
Page 1 of 4
1 2 3 4