Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
Last updated:
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________
Exchange news
- EDX Markets, a new crypto exchange backed by Citadel Securities, Fidelity Investments, and Charles Schwab, launched trading for bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH). The ‘non-custodial’ exchange also announced new investors that include Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. Later this year, EDX will launch EDX Clearing to settle trades matched on EDX Markets, it added.
Regulation news
- Bitcoin miner Core Scientific filed its Chapter 11 bankruptcy plan on Tuesday in the United States Bankruptcy Court for the Southern District of Texas Houston Division. The plan was negotiated with key stakeholders, while the company is “seeking to build as much consensus as possible” in regard to the company’s new look after the bankruptcy proceedings. It said that the holders of allowed debtor-in-possession (DIP) claims would receive full satisfaction of their claims on the effective date of the bankruptcy plan.
Security news
- The Canadian Securities Administrators (CSA) warned Canadians to “be vigilant about purported crypto trading service providers that are claiming to be authorized or affiliated with fictitious regulatory or dispute resolution organizations,” according to a press release published on Tuesday. In addition, anyone considering investing in cryptoassets should consult the list of crypto trading platforms that are registered with the CSA and learn the fundamentals of cryptoassets, it said.
- A scam ‘Trezor‘ app has been removed from Apple‘s App Store after Rafael Yakobi, a managing partner at US-based The Crypto Lawyers, warned users about it. As reported, he noticed that the first search result for the popular crypto wallet was “a malicious application that will request your seed phrase, allowing its operators to steal all of your crypto.” The app, ‘Trezor Wallet Suite’, can’t be found in the App Store at the time of writing.
AI news
- A bipartisan group of United States lawmakers introduced on Tuesday a bill to establish a commission to study the country’s approach to artificial intelligence (AI). The ‘National AI Commission Act’ proposes that the National AI Commission be comprised of 20 commissioners, to review the Federal Government’s approach to AI oversight and regulation, make related recommendations, and conduct its work to ensure the US is mitigating the risks and possible harms of AI, protecting the country’s leadership in AI innovation, and ensuring that the US takes a leading role in establishing necessary, long-term guardrails to ensure that AI is aligned with values shared by all Americans, it said.
Gaming news
- Hong Kong-based blockchain gaming and Web3 investor Animoca Brands joined Celo, a carbon-negative, EVM-compatible blockchain ecosystem. Per the press release, participation in the Celo ecosystem will allow Animoca Brands to scale up Web3 gaming on Celo’s mobile-first infrastructure. Animoca Brands will join Celo’s Alliance for Prosperity and will become a validator on the Celo network. In addition, Animoca Brands and the Celo Foundation are in discussion to partner on strategic initiatives and explore new deployments and integrations geared towards social impact and climate action, they said.
DeFi news
- NUVO, a chain-agnostic platform for onboarding users and companies to Web3, and Nebulai, a Decentralized Solutions & Talent Marketplace (DSTM) platform, announced a strategic alliance that aims to “revolutionize talent marketplaces, merging blockchain technology with user-centric data control to deliver an unparalleled solution for businesses and individuals alike,” said the press release. Nuvo brings its Nuvosphere platform to the partnership, it added, while Nebulai brings its DSTM.
Stablecoin news
- Tether, the issuer of the popular USDT stablecoin, today announced that it will launch USDT on layer-1 blockchain Kava. The stablecoin is now live on several networks, including Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron, it said.
- How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
- Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
- Best Crypto to Buy Today – Which Coins are About to Explode?
- Best Presales to Buy Now – Next Viral Coin?
- CZ Hints at Meme Coin Based on His Dog, Teases BNB Chain Involvement
Recommended Articles

Bitcoin Wallets Decline as Small Traders Exit, Signaling Potential Whale Accumulation
2025-02-13 20:49:24

Customs Hold Bitmain Equipment, Disrupting U.S. Bitcoin Mining Supply Chains
2025-02-13 18:53:47

Crypto Exchange Bitget Secures VASP License in Bulgaria
2025-02-13 20:42:40

Russian Court Extends Detention of Pilot Arrested for Sending Crypto to Ukraine Military
2025-02-13 23:30:00

Why Decentralized Data Is Needed As AI Matures
2025-02-13 18:32:26

N.Korean Hackers Boost Crypto-Looting Methods: Hiding Malware in GitHub, NPM Packages
2025-02-13 16:03:27

Ethereum Foundation Allocates $120 Million of ETH to DeFi Protocols
2025-02-13 19:54:47
More Articles
Authors List
+ 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors