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Following a court-granted order to repay its customers, the bankrupt United States-based crypto-brokerage firm Voyager Digital is set to make its existing customers whole.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

Months after it integrated Non-Fungible Tokens (NFTs) into Instagram for American users, Meta Platforms announced the expansion of the allowance to as many as 100 other countries.

Blockchain.com, a global cryptocurrency exchange headquartered in the UK, said on Thursday it had registered as a virtual asset service provider in Italy.

Crypto firm Voyager Digital Holdings Inc. is set to return $270 million in customer cash, the Wall Street Journal reported.

Crypto company Nomad said it's offering hackers a bounty of up to 10% to retrieve user funds after losing nearly $200 million in a devastating security exploit.

While domestic digital payment usage surged during the pandemic, the EIU expects this to slow over the next five years, largely owing to strong base effects. However, customers are increasingly demanding a similar revolution in cross-border payments, which are still mostly facilitated by the "old-fashioned" and "cumbersome" correspondent banking network. At the centre of this is Swift, which the paper notes has "encountered criticism for its relative inflexibility and lack of transparency" and seen a decline in the number of correspondent banking relationships over the last decade. More recently, Russian has been kicked off the Swift network, a move which could see the country and others such as China and India double down on their nascent Swift alternatives. Nevertheless, the paper says "setting up and scaling a full-fledged alternative bank-messaging system would be expensive and time consuming. It would also have limited real-world impact, given the prevalence of dollar-denominated cross-border flows. Swift will remain the dominant network, as long as countries and lenders come together to improve the Belgian network." Separately, cross-border payments will be disrupted by government-backed efforts to link systems. In Asia, moves are already underway to do this, allowing travellers across the region to purchase goods and services by scanning QR codes. As well as challenging Swift, disrupting cross-border payments will mean adopting emerging technologies, including blockchain, APIs and tokenisation, says the EIU.

The troubled crypto platform Voyager Digital has been given the green light to return USD 270m worth of funds to its customers.

Shiba Inu has come a long way since the days when it was just a meme coin trying to shed its identity in favor of something more utilitarian.

Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has approved four more crypto companies in the Kingdom.

The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic decrease since May 2022.

The crypto winter is upon us, hammering institutional and retail investors alike.

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Crypto may be in the doldrums, but established brands across banking, fund management and digital assets see the crash as a chance to expand in the space.

Crypto exchange ZB.com has fallen victim to a possible hack as $4.8 million was withdrawn from its hot wallet, according to security firm PeckSheild.

With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Officer of South Korean venture capital firm Hashed, has revealed how much the firm lost when Terra collapse back in May.

A second group of lawmakers has launched an inquiry into the UK government's approach to the crypto industry.

The cross party group, chaired by Dr Lisa Cameron MP, which is made up of MPs and Lords including the likes of former Digital Minister Lord Vaizey, member of the Treasury Select Committee Harriett Baldwin MP, and former Secretary of State Matt Hancock MP acts as a forum for parliamentarians, policymakers and the UK crypto sector to discuss policy and regulation of the industry.The terms of the inquiry are expansive, assessing the role of Government and regulators, consumer protection issues and the use of central bank digital currencies.The APPG inquiry comes at a time of increased scrutiny of the UK crypto and digital asset sector. HM Treasury announced plans earlier this year to make the UK the global home of crypto investment, seeking to attract crypto firms to the UK and to boost the nation's technology and fintech sector.

Binance’s venture capital arm looks set to play a more prominent role in the crypto giant’s business after its billionaire co-founder, Yi He, was appointed head of the division. 

Hackers have targeted the blockchain Solana’s ecosystem, draining approximately 8,000 digital wallets.